2022
Exports
$545kWorld Rnk 56 / 153
Flag Rnk 916 / 1204
2022
PRODUCT COMPLEXITY IN Laboratory Reagents
1.53Rnk 45 / 1025
2022
Imports
$2.1MWorld Rnk 72 / 180
Flag Rnk 963 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $545k in Laboratory Reagents, making it the 56th largest exporter of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 916th most exported product in Romania. The main destination of Laboratory Reagents exports from Romania are: Ecuador ($152k), Argentina ($103k), Chinese Taipei ($98.5k), Georgia ($50.5k), and Moldova ($45.4k).

The fastest growing export markets for Laboratory Reagents of Romania between 2021 and 2022 were Ecuador ($50.1k), Georgia ($45.7k), and Chinese Taipei ($9.28k).

Imports In 2022, Romania imported $2.1M in Laboratory Reagents, becoming the 72nd largest importer of Laboratory Reagents in the world. At the same year, Laboratory Reagents was the 963rd most imported product in Romania. Romania imports Laboratory Reagents primarily from: Chinese Taipei ($1.74M), Argentina ($290k), Moldova ($56k), Philippines ($12.7k), and Ukraine ($3.62k).

The fastest growing import markets in Laboratory Reagents for Romania between 2021 and 2022 were Moldova ($47.5k), Ukraine ($3.62k), and Philippines ($2.75k).

Latest Trends

Sep 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 Laboratory Reagents. 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 (2022)$545k
IMPORTS (2022)$2.1M
NET TRADE (2022)-$1.55M

In 2022, Romania exported $545k in Laboratory Reagents. The main destinations of Romania exports on Laboratory Reagents were Ecuador ($152k), Argentina ($103k), Chinese Taipei ($98.5k), Georgia ($50.5k), and Moldova ($45.4k).

In 2022, Romania imported $2.1M in Laboratory Reagents, mainly from Chinese Taipei ($1.74M), Argentina ($290k), Moldova ($56k), Philippines ($12.7k), and Ukraine ($3.62k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Laboratory Reagents EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Ecuador$50.1k (49.2%)
Georgia$45.7k (942%)
Chinese Taipei$9.28k (10.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Laboratory Reagents BY Romania WERE (2021 - 2022):
Hungary-$5.76M (-100%)
Moldova-$3.04M (-98.5%)
Greece-$2.07M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Laboratory Reagents were:
In 2022, Romania's main importing competitors in Laboratory Reagents were:

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Trade Value of Laboratory Reagents by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $3.23M
TOP IMPORT POTENTIALChina+ $21.4M

Laboratory Reagents’s highest export potential is Germany. With an export gap of $3.23M.   Laboratory Reagents’s highest import potential is China with an import gap of $21.4M.

See methodology.

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