2022
Exports
$628MWorld Rnk 16 / 212
Flag Rnk 31 / 1204
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$34.9MWorld Rnk 58 / 187
Flag Rnk 458 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $628M in Scrap Iron, making it the 16th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 31st most exported product in Romania. The main destination of Scrap Iron exports from Romania are: Turkey ($452M), Bulgaria ($65.7M), Greece ($39.2M), Germany ($17.1M), and Moldova ($15.1M).

The fastest growing export markets for Scrap Iron of Romania between 2021 and 2022 were Greece ($28.2M), Bulgaria ($14.5M), and India ($1.6M).

Imports In 2022, Romania imported $34.9M in Scrap Iron, becoming the 58th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 458th most imported product in Romania. Romania imports Scrap Iron primarily from: Bulgaria ($14.2M), Slovakia ($4.87M), Czechia ($4.21M), Hungary ($3.19M), and Poland ($1.73M).

The fastest growing import markets in Scrap Iron for Romania between 2021 and 2022 were Slovakia ($3.55M), Czechia ($2.56M), and Poland ($1.61M).

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 Scrap Iron. 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)$628M
IMPORTS (2022)$34.9M
NET TRADE (2022)$593M

In 2022, Romania exported $628M in Scrap Iron. The main destinations of Romania exports on Scrap Iron were Turkey ($452M), Bulgaria ($65.7M), Greece ($39.2M), Germany ($17.1M), and Moldova ($15.1M).

In 2022, Romania imported $34.9M in Scrap Iron, mainly from Bulgaria ($14.2M), Slovakia ($4.87M), Czechia ($4.21M), Hungary ($3.19M), and Poland ($1.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Greece$28.2M (255%)
Bulgaria$14.5M (28.4%)
India$1.6M (130%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Romania WERE (2021 - 2022):
Moldova-$133M (-89.8%)
Turkey-$11.5M (-2.48%)
Croatia-$2.62M (-86.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Scrap Iron were:
In 2022, Romania's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $15.2M
TOP IMPORT POTENTIALHungary+ $2.1M

Scrap Iron’s highest export potential is Germany. With an export gap of $15.2M.   Scrap Iron’s highest import potential is Hungary with an import gap of $2.1M.

See methodology.

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