2022
Exports
$1.67BWorld Rnk 41 / 160
Flag Rnk 10 / 1204
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$2.18BWorld Rnk 41 / 222
Flag Rnk 6 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.67B in Petroleum Gas, making it the 41st largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 10th most exported product in Romania. The main destination of Petroleum Gas exports from Romania are: Hungary ($1.29B), Ukraine ($132M), Bulgaria ($81.9M), Moldova ($72M), and Germany ($49.7M).

The fastest growing export markets for Petroleum Gas of Romania between 2021 and 2022 were Hungary ($1.14B), Ukraine ($124M), and Moldova ($57.2M).

Imports In 2022, Romania imported $2.18B in Petroleum Gas, becoming the 41st largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 6th most imported product in Romania. Romania imports Petroleum Gas primarily from: Bulgaria ($1.48B), Hungary ($340M), Russia ($174M), Greece ($58.7M), and Kazakhstan ($39.9M).

The fastest growing import markets in Petroleum Gas for Romania between 2021 and 2022 were Bulgaria ($1.26B), Hungary ($317M), and Greece ($52.4M).

Latest Trends

Aug 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 Petroleum Gas. 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)$1.67B
IMPORTS (2022)$2.18B
NET TRADE (2022)-$511M

In 2022, Romania exported $1.67B in Petroleum Gas. The main destinations of Romania exports on Petroleum Gas were Hungary ($1.29B), Ukraine ($132M), Bulgaria ($81.9M), Moldova ($72M), and Germany ($49.7M).

In 2022, Romania imported $2.18B in Petroleum Gas, mainly from Bulgaria ($1.48B), Hungary ($340M), Russia ($174M), Greece ($58.7M), and Kazakhstan ($39.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Hungary$1.14B (797%)
Ukraine$124M (1.69k%)
Moldova$57.2M (387%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Romania WERE (2021 - 2022):
Bulgaria-$35.4M (-30.1%)
Germany-$21.9M (-30.6%)
Croatia-$3.5M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Petroleum Gas were:
In 2022, Romania's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $78.2M
TOP IMPORT POTENTIALRussia+ $313M

Petroleum Gas’s highest export potential is Germany. With an export gap of $78.2M.   Petroleum Gas’s highest import potential is Russia with an import gap of $313M.

See methodology.

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