2022
Exports
$751kWorld Rnk 47 / 116
Flag Rnk 881 / 1204
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$9.49MWorld Rnk 39 / 172
Flag Rnk 728 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $751k in Magnesium Carbonate, making it the 47th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 881st most exported product in Romania. The main destination of Magnesium Carbonate exports from Romania are: Italy ($588k), Russia ($85.9k), Turkey ($29.1k), Netherlands ($24.1k), and United Kingdom ($13.7k).

The fastest growing export markets for Magnesium Carbonate of Romania between 2021 and 2022 were Italy ($154k), United Kingdom ($12.6k), and Poland ($5.22k).

Imports In 2022, Romania imported $9.49M in Magnesium Carbonate, becoming the 39th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 728th most imported product in Romania. Romania imports Magnesium Carbonate primarily from: China ($4.74M), Turkey ($2.17M), United Kingdom ($1.15M), Greece ($426k), and Hong Kong ($219k).

The fastest growing import markets in Magnesium Carbonate for Romania between 2021 and 2022 were China ($976k), Hong Kong ($117k), and Greece ($51.5k).

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 Magnesium Carbonate. 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)$751k
IMPORTS (2022)$9.49M
NET TRADE (2022)-$8.74M

In 2022, Romania exported $751k in Magnesium Carbonate. The main destinations of Romania exports on Magnesium Carbonate were Italy ($588k), Russia ($85.9k), Turkey ($29.1k), Netherlands ($24.1k), and United Kingdom ($13.7k).

In 2022, Romania imported $9.49M in Magnesium Carbonate, mainly from China ($4.74M), Turkey ($2.17M), United Kingdom ($1.15M), Greece ($426k), and Hong Kong ($219k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Italy$154k (35.4%)
United Kingdom$12.6k (1.13k%)
Poland$5.22k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Romania WERE (2021 - 2022):
Netherlands-$131k (-84.5%)
Russia-$96.6k (-52.9%)
Nigeria-$49.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Magnesium Carbonate were:
In 2022, Romania's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $60k
TOP IMPORT POTENTIALChina+ $1.01M

Magnesium Carbonate’s highest export potential is Russia. With an export gap of $60k.   Magnesium Carbonate’s highest import potential is China with an import gap of $1.01M.

See methodology.

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