2023
Exports
$78.3MWorld Rnk 23 / 142
Flag Rnk 188 / 1203
2023
PRODUCT COMPLEXITY IN Soybeans
-1.67Rnk 968 / 1025
2023
Imports
$102MWorld Rnk 38 / 193
Flag Rnk 261 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $78.3M in Soybeans, making it the 23rd largest exporter of Soybeans in the world. At the same year, Soybeans was the 188th most exported product in Romania. The main destination of Soybeans exports from Romania are: Italy ($21.6M), Netherlands ($11M), Germany ($10.6M), Egypt ($10.1M), and Austria ($7.81M).

The fastest growing export markets for Soybeans of Romania between 2022 and 2023 were Netherlands ($10.9M), Egypt ($10.1M), and Tunisia ($3.82M).

Imports In 2023, Romania imported $102M in Soybeans, becoming the 38th largest importer of Soybeans in the world. At the same year, Soybeans was the 261st most imported product in Romania. Romania imports Soybeans primarily from: Ukraine ($79.7M), Netherlands ($5.07M), Hungary ($4.66M), Italy ($3.88M), and Moldova ($2.6M).

The fastest growing import markets in Soybeans for Romania between 2022 and 2023 were Ukraine ($6.2M), Hungary ($2.19M), and Moldova ($1.6M).

Latest Trends

Jan 2025

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 Soybeans. 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)$78.3M
IMPORTS (2023)$102M
NET TRADE (2023)-$23.5M

In 2023, Romania exported $78.3M in Soybeans. The main destinations of Romania exports on Soybeans were Italy ($21.6M), Netherlands ($11M), Germany ($10.6M), Egypt ($10.1M), and Austria ($7.81M).

In 2023, Romania imported $102M in Soybeans, mainly from Ukraine ($79.7M), Netherlands ($5.07M), Hungary ($4.66M), Italy ($3.88M), and Moldova ($2.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Netherlands$10.9M (11.6k%)
Egypt$10.1M (1%)
Tunisia$3.82M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Romania WERE (2022 - 2023):
Hungary-$7.58M (-67.2%)
Turkey-$5.34M (-68.4%)
Austria-$4.94M (-38.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Soybeans were:
In 2023, Romania's main importing competitors in Soybeans were:
China $56.6B
Japan $2.14B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $5.13M
TOP IMPORT POTENTIALBrazil+ $37.9M

Soybeans’s highest export potential is Turkey. With an export gap of $5.13M.   Soybeans’s highest import potential is Brazil with an import gap of $37.9M.

See methodology.

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