2022
Exports
$7.85MWorld Rnk 45 / 195
Flag Rnk 516 / 1204
2022
PRODUCT COMPLEXITY IN Lubricating Products
1.61Rnk 36 / 1025
2022
Imports
$97.1MWorld Rnk 31 / 224
Flag Rnk 267 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $7.85M in Lubricating Products, making it the 45th largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 516th most exported product in Romania. The main destination of Lubricating Products exports from Romania are: Moldova ($1.4M), Bulgaria ($1.34M), Austria ($1.1M), Italy ($762k), and Belgium ($383k).

The fastest growing export markets for Lubricating Products of Romania between 2021 and 2022 were Moldova ($658k), Netherlands ($137k), and Czechia ($83.2k).

Imports In 2022, Romania imported $97.1M in Lubricating Products, becoming the 31st largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 267th most imported product in Romania. Romania imports Lubricating Products primarily from: Germany ($39.2M), Italy ($16.7M), Netherlands ($7.11M), Belgium ($6.61M), and France ($5.59M).

The fastest growing import markets in Lubricating Products for Romania between 2021 and 2022 were Italy ($3.19M), Netherlands ($1.76M), and Switzerland ($946k).

Latest Trends

Jul 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 Lubricating Products. 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)$7.85M
IMPORTS (2022)$97.1M
NET TRADE (2022)-$89.3M

In 2022, Romania exported $7.85M in Lubricating Products. The main destinations of Romania exports on Lubricating Products were Moldova ($1.4M), Bulgaria ($1.34M), Austria ($1.1M), Italy ($762k), and Belgium ($383k).

In 2022, Romania imported $97.1M in Lubricating Products, mainly from Germany ($39.2M), Italy ($16.7M), Netherlands ($7.11M), Belgium ($6.61M), and France ($5.59M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Moldova$658k (88.2%)
Netherlands$137k (579%)
Czechia$83.2k (168%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Romania WERE (2021 - 2022):
Austria-$916k (-45.4%)
Italy-$429k (-36%)
Denmark-$269k (-84.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Lubricating Products were:
In 2022, Romania's main importing competitors in Lubricating Products were:
China $1.71B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $493k
TOP IMPORT POTENTIALFrance+ $2.46M

Lubricating Products’s highest export potential is Italy. With an export gap of $493k.   Lubricating Products’s highest import potential is France with an import gap of $2.46M.

See methodology.

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