2023
Exports
$10.2MWorld Rnk 49 / 136
Flag Rnk 473 / 1203
2023
PRODUCT COMPLEXITY IN Silver
-0.85Rnk 794 / 1025
2023
Imports
$38.9MWorld Rnk 33 / 179
Flag Rnk 454 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $10.2M in Silver, making it the 49th largest exporter of Silver in the world. At the same year, Silver was the 473rd most exported product in Romania. The main destination of Silver exports from Romania are: Italy ($7.37M), Germany ($719k), Hungary ($712k), Czechia ($473k), and Turkey ($386k).

The fastest growing export markets for Silver of Romania between 2022 and 2023 were Italy ($1.01M), Germany ($676k), and Hungary ($373k).

Imports In 2023, Romania imported $38.9M in Silver, becoming the 33rd largest importer of Silver in the world. At the same year, Silver was the 454th most imported product in Romania. Romania imports Silver primarily from: Germany ($26.8M), Hungary ($4.37M), United States ($4.3M), Italy ($1.98M), and Czechia ($415k).

The fastest growing import markets in Silver for Romania between 2022 and 2023 were Germany ($8.97M), United States ($1.8M), and Czechia ($325k).

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 Silver. 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)$10.2M
IMPORTS (2023)$38.9M
NET TRADE (2023)-$28.7M

In 2023, Romania exported $10.2M in Silver. The main destinations of Romania exports on Silver were Italy ($7.37M), Germany ($719k), Hungary ($712k), Czechia ($473k), and Turkey ($386k).

In 2023, Romania imported $38.9M in Silver, mainly from Germany ($26.8M), Hungary ($4.37M), United States ($4.3M), Italy ($1.98M), and Czechia ($415k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Italy$1.01M (15.9%)
Germany$676k (1.57k%)
Hungary$373k (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Romania WERE (2022 - 2023):
China-$1.44M (-99.4%)
Czechia-$378k (-44.4%)
Turkey-$227k (-37%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Silver were:
In 2023, Romania's main importing competitors in Silver were:

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.32M
TOP IMPORT POTENTIALUnited States+ $1.4M

Silver’s highest export potential is China. With an export gap of $1.32M.   Silver’s highest import potential is United States with an import gap of $1.4M.

See methodology.

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