2018
Exports
$7.36MWorld Rnk 29 / 126
Flag Rnk 530 / 1204
2022
PRODUCT COMPLEXITY IN Stainless Steel Wire
1.38Rnk 74 / 1025
2018
Imports
$12.1MWorld Rnk 42 / 202
Flag Rnk 675 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2018, Romania exported $7.36M in Stainless Steel Wire, making it the 29th largest exporter of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 530th most exported product in Romania. The main destination of Stainless Steel Wire exports from Romania are: Germany ($2.05M), Poland ($861k), Italy ($789k), France ($660k), and Serbia ($550k).

The fastest growing export markets for Stainless Steel Wire of Romania between 2021 and 2022 were Germany ($1.37M), Poland ($498k), and France ($299k).

Imports In 2022, Romania imported $12.1M in Stainless Steel Wire, becoming the 42nd largest importer of Stainless Steel Wire in the world. At the same year, Stainless Steel Wire was the 675th most imported product in Romania. Romania imports Stainless Steel Wire primarily from: Germany ($2.71M), Italy ($2.3M), China ($2.24M), Czechia ($1.49M), and Mexico ($1.1M).

The fastest growing import markets in Stainless Steel Wire for Romania between 2021 and 2022 were United Kingdom ($463k), Mexico ($433k), and China ($192k).

Latest Trends

Jul 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 Stainless Steel Wire. 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)$7.36M
IMPORTS (2022)$12.1M
NET TRADE (2022)-$4.78M

In 2022, Romania exported $7.36M in Stainless Steel Wire. The main destinations of Romania exports on Stainless Steel Wire were Germany ($2.05M), Poland ($861k), Italy ($789k), France ($660k), and Serbia ($550k).

In 2022, Romania imported $12.1M in Stainless Steel Wire, mainly from Germany ($2.71M), Italy ($2.3M), China ($2.24M), Czechia ($1.49M), and Mexico ($1.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stainless Steel Wire EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$1.37M (201%)
Poland$498k (137%)
France$299k (82.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stainless Steel Wire BY Romania WERE (2021 - 2022):
China-$127M (-100%)
Russia-$139k (-85.9%)
Serbia-$120k (-17.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Stainless Steel Wire were:
In 2022, Romania's main importing competitors in Stainless Steel Wire were:

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Trade Value of Stainless Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $620k
TOP IMPORT POTENTIALChina+ $939k

Stainless Steel Wire’s highest export potential is Germany. With an export gap of $620k.   Stainless Steel Wire’s highest import potential is China with an import gap of $939k.

See methodology.

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