2023
Exports
$7.29MWorld Rnk 53 / 155
Flag Rnk 532 / 1203
2023
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.29Rnk 898 / 1025
2023
Imports
$33.8MWorld Rnk 36 / 217
Flag Rnk 484 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $7.29M in Other Vegetable Oils, making it the 53rd largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 532nd most exported product in Romania. The main destination of Other Vegetable Oils exports from Romania are: Bulgaria ($2.73M), Austria ($1.48M), Netherlands ($1.2M), Greece ($673k), and Turkey ($391k).

The fastest growing export markets for Other Vegetable Oils of Romania between 2022 and 2023 were Austria ($1.35M), Turkey ($391k), and Bulgaria ($316k).

Imports In 2023, Romania imported $33.8M in Other Vegetable Oils, becoming the 36th largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 484th most imported product in Romania. Romania imports Other Vegetable Oils primarily from: Italy ($7.18M), Denmark ($7.11M), Netherlands ($6.99M), Bulgaria ($4.61M), and Germany ($1.91M).

The fastest growing import markets in Other Vegetable Oils for Romania between 2022 and 2023 were Italy ($6.31M), Denmark ($1.32M), and Bulgaria ($503k).

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 Other Vegetable Oils. 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)$7.29M
IMPORTS (2023)$33.8M
NET TRADE (2023)-$26.6M

In 2023, Romania exported $7.29M in Other Vegetable Oils. The main destinations of Romania exports on Other Vegetable Oils were Bulgaria ($2.73M), Austria ($1.48M), Netherlands ($1.2M), Greece ($673k), and Turkey ($391k).

In 2023, Romania imported $33.8M in Other Vegetable Oils, mainly from Italy ($7.18M), Denmark ($7.11M), Netherlands ($6.99M), Bulgaria ($4.61M), and Germany ($1.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Austria$1.35M (1.05k%)
Turkey$391k (1%)
Bulgaria$316k (13.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Romania WERE (2022 - 2023):
Netherlands-$1.44M (-54.5%)
Germany-$1.35M (-83.3%)
Denmark-$93k (-51.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Other Vegetable Oils were:
In 2023, Romania's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $419k
TOP IMPORT POTENTIALGermany+ $733k

Other Vegetable Oils’s highest export potential is Germany. With an export gap of $419k.   Other Vegetable Oils’s highest import potential is Germany with an import gap of $733k.

See methodology.

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