2022
Exports
$153MWorld Rnk 23 / 149
Flag Rnk 124 / 1204
2022
PRODUCT COMPLEXITY IN Other Steel Bars
0.29Rnk 456 / 1025
2022
Imports
$317MWorld Rnk 19 / 218
Flag Rnk 93 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $153M in Other Steel Bars, making it the 23rd largest exporter of Other Steel Bars in the world. At the same year, Other Steel Bars was the 124th most exported product in Romania. The main destination of Other Steel Bars exports from Romania are: Germany ($47M), Italy ($32.4M), Bulgaria ($10.5M), Netherlands ($8.38M), and Austria ($6.97M).

The fastest growing export markets for Other Steel Bars of Romania between 2021 and 2022 were Netherlands ($3.35M), Germany ($2.71M), and Finland ($2.3M).

Imports In 2022, Romania imported $317M in Other Steel Bars, becoming the 19th largest importer of Other Steel Bars in the world. At the same year, Other Steel Bars was the 93rd most imported product in Romania. Romania imports Other Steel Bars primarily from: Germany ($76.3M), Turkey ($41.2M), Italy ($40.5M), Bulgaria ($33.8M), and France ($21.4M).

The fastest growing import markets in Other Steel Bars for Romania between 2021 and 2022 were Turkey ($23.9M), Italy ($10.7M), and Moldova ($9.82M).

Latest Trends

Oct 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 Other Steel Bars. 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)$153M
IMPORTS (2022)$317M
NET TRADE (2022)-$164M

In 2022, Romania exported $153M in Other Steel Bars. The main destinations of Romania exports on Other Steel Bars were Germany ($47M), Italy ($32.4M), Bulgaria ($10.5M), Netherlands ($8.38M), and Austria ($6.97M).

In 2022, Romania imported $317M in Other Steel Bars, mainly from Germany ($76.3M), Turkey ($41.2M), Italy ($40.5M), Bulgaria ($33.8M), and France ($21.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Steel Bars EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Netherlands$3.35M (66.7%)
Germany$2.71M (6.12%)
Finland$2.3M (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Steel Bars BY Romania WERE (2021 - 2022):
Turkey-$3.32M (-55.3%)
Bulgaria-$3.14M (-23%)
Italy-$2.75M (-7.83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Other Steel Bars were:
China $3.04B
Germany $1.79B
Japan $1.06B
In 2022, Romania's main importing competitors in Other Steel Bars were:

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Trade Value of Other Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.5M
TOP IMPORT POTENTIALChina+ $6.63M

Other Steel Bars’s highest export potential is Germany. With an export gap of $4.5M.   Other Steel Bars’s highest import potential is China with an import gap of $6.63M.

See methodology.

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