2023
Exports
$105MWorld Rnk 18 / 197
Flag Rnk 150 / 1203
2023
PRODUCT COMPLEXITY IN Iron Springs
0.93Rnk 197 / 1025
2023
Imports
$144MWorld Rnk 16 / 218
Flag Rnk 208 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $105M in Iron Springs, making it the 18th largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 150th most exported product in Romania. The main destination of Iron Springs exports from Romania are: Poland ($15.6M), Hungary ($13.4M), Germany ($12M), Mexico ($8.49M), and Turkey ($7.73M).

The fastest growing export markets for Iron Springs of Romania between 2022 and 2023 were Poland ($6.42M), Germany ($3.91M), and Hungary ($2.64M).

Imports In 2023, Romania imported $144M in Iron Springs, becoming the 16th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 208th most imported product in Romania. Romania imports Iron Springs primarily from: Germany ($58M), Poland ($18M), Czechia ($15.4M), Italy ($11.4M), and Hungary ($8.21M).

The fastest growing import markets in Iron Springs for Romania between 2022 and 2023 were Czechia ($2.72M), Germany ($2.55M), and Spain ($393k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Iron Springs. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$105M
IMPORTS (2023)$144M
NET TRADE (2023)-$39.1M

In 2023, Romania exported $105M in Iron Springs. The main destinations of Romania exports on Iron Springs were Poland ($15.6M), Hungary ($13.4M), Germany ($12M), Mexico ($8.49M), and Turkey ($7.73M).

In 2023, Romania imported $144M in Iron Springs, mainly from Germany ($58M), Poland ($18M), Czechia ($15.4M), Italy ($11.4M), and Hungary ($8.21M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Poland$6.42M (70.1%)
Germany$3.91M (48.2%)
Hungary$2.64M (24.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Romania WERE (2022 - 2023):
China-$1.23M (-20.7%)
South Korea-$1.17M (-91.7%)
Netherlands-$744k (-10.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Iron Springs were:
In 2023, Romania's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.79M
TOP IMPORT POTENTIALChina+ $3.62M

Iron Springs’s highest export potential is China. With an export gap of $3.79M.   Iron Springs’s highest import potential is China with an import gap of $3.62M.

See methodology.

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