2023
Exports
$52MWorld Rnk 28 / 121
Flag Rnk 241 / 1203
2023
PRODUCT COMPLEXITY IN Soybean Meal
-1.09Rnk 852 / 1025
2023
Imports
$252MWorld Rnk 37 / 175
Flag Rnk 136 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $52M in Soybean Meal, making it the 28th largest exporter of Soybean Meal in the world. At the same year, Soybean Meal was the 241st most exported product in Romania. The main destination of Soybean Meal exports from Romania are: Bulgaria ($34.8M), Moldova ($3.95M), Georgia ($3.28M), Slovenia ($2.95M), and Greece ($1.95M).

The fastest growing export markets for Soybean Meal of Romania between 2022 and 2023 were Greece ($1.94M), Georgia ($1.25M), and France ($850k).

Imports In 2023, Romania imported $252M in Soybean Meal, becoming the 37th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 136th most imported product in Romania. Romania imports Soybean Meal primarily from: Brazil ($130M), United States ($37.2M), Ukraine ($26.5M), Hungary ($25.3M), and Argentina ($21.6M).

The fastest growing import markets in Soybean Meal for Romania between 2022 and 2023 were United States ($37.2M), Ukraine ($17.9M), and Hungary ($11.8M).

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 Soybean Meal. 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)$52M
IMPORTS (2023)$252M
NET TRADE (2023)-$200M

In 2023, Romania exported $52M in Soybean Meal. The main destinations of Romania exports on Soybean Meal were Bulgaria ($34.8M), Moldova ($3.95M), Georgia ($3.28M), Slovenia ($2.95M), and Greece ($1.95M).

In 2023, Romania imported $252M in Soybean Meal, mainly from Brazil ($130M), United States ($37.2M), Ukraine ($26.5M), Hungary ($25.3M), and Argentina ($21.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybean Meal EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Greece$1.94M (24.4k%)
Georgia$1.25M (61.3%)
France$850k (77.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Romania WERE (2022 - 2023):
Bulgaria-$4.17M (-10.7%)
Moldova-$3.27M (-45.3%)
Azerbaijan-$2.99M (-78.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.43M
TOP IMPORT POTENTIALUkraine+ $3.71M

Soybean Meal’s highest export potential is Germany. With an export gap of $2.43M.   Soybean Meal’s highest import potential is Ukraine with an import gap of $3.71M.

See methodology.

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