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Exports In 2022, Romania exported $248M in Petroleum oils, oils from bituminous minerals, crude, making it the 63rd largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 79th most exported product in Romania. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from Romania are: Bulgaria ($233M), Serbia ($14.5M), Bosnia and Herzegovina ($39.5k), Netherlands ($6.19k), and Turkey ($53).

The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of Romania between 2021 and 2022 were Bulgaria ($196M), Bosnia and Herzegovina ($23.6k), and Netherlands ($6.17k).

Imports In 2022, Romania imported $6.3B in Petroleum oils, oils from bituminous minerals, crude, becoming the 27th largest importer of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 1st most imported product in Romania. Romania imports Petroleum oils, oils from bituminous minerals, crude primarily from: Russia ($2.63B), Kazakhstan ($2.29B), Turkey ($818M), Azerbaijan ($379M), and Norway ($61.4M).

The fastest growing import markets in Petroleum oils, oils from bituminous minerals, crude for Romania between 2021 and 2022 were Russia ($1.87B), Kazakhstan ($862M), and Turkey ($426M).

COMPANIES In 2023, leading companies such as IKEA Group (4.76k), Yokohama Industries (2.03k), and Pirelli Tires (1.05k) were at the forefront of shipping Petroleum oils, oils from bituminous minerals, crude from Romania to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 oils, oils from bituminous minerals, crude. 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)$248M
IMPORTS (2022)$6.3B
NET TRADE (2022)-$6.05B

In 2022, Romania exported $248M in Petroleum oils, oils from bituminous minerals, crude. The main destinations of Romania exports on Petroleum oils, oils from bituminous minerals, crude were Bulgaria ($233M), Serbia ($14.5M), Bosnia and Herzegovina ($39.5k), Netherlands ($6.19k), and Turkey ($53).

In 2022, Romania imported $6.3B in Petroleum oils, oils from bituminous minerals, crude, mainly from Russia ($2.63B), Kazakhstan ($2.29B), Turkey ($818M), Azerbaijan ($379M), and Norway ($61.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum oils, oils from bituminous minerals, crude EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Bulgaria$196M (528%)
Netherlands$6.17k (36.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum oils, oils from bituminous minerals, crude BY Romania WERE (2021 - 2022):
Italy-$13.4M (-100%)
Serbia-$219k (-1.48%)
Albania-$13.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Romania's main exporting competitors in Petroleum oils, oils from bituminous minerals, crude were:
In 2022, Romania's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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