2022
Exports
$803kWorld Rnk 49 / 91
Flag Rnk 872 / 1204
2022
PRODUCT COMPLEXITY IN Steel Bars
0.58Rnk 331 / 1025
2022
Imports
$14.4MWorld Rnk 41 / 169
Flag Rnk 638 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $803k in Steel Bars, making it the 49th largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 872nd most exported product in Romania. The main destination of Steel Bars exports from Romania are: Serbia ($733k), United Kingdom ($27.9k), Germany ($18.8k), Netherlands ($10.9k), and United States ($9.61k).

The fastest growing export markets for Steel Bars of Romania between 2021 and 2022 were Serbia ($733k), United Kingdom ($27.9k), and Germany ($18.8k).

Imports In 2022, Romania imported $14.4M in Steel Bars, becoming the 41st largest importer of Steel Bars in the world. At the same year, Steel Bars was the 638th most imported product in Romania. Romania imports Steel Bars primarily from: Moldova ($4.34M), Italy ($3.82M), Poland ($1.85M), Greece ($1.73M), and Bulgaria ($704k).

The fastest growing import markets in Steel Bars for Romania between 2021 and 2022 were Moldova ($2.22M), Italy ($1.54M), and Austria ($464k).

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 Steel Bars. 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)$803k
IMPORTS (2022)$14.4M
NET TRADE (2022)-$13.6M

In 2022, Romania exported $803k in Steel Bars. The main destinations of Romania exports on Steel Bars were Serbia ($733k), United Kingdom ($27.9k), Germany ($18.8k), Netherlands ($10.9k), and United States ($9.61k).

In 2022, Romania imported $14.4M in Steel Bars, mainly from Moldova ($4.34M), Italy ($3.82M), Poland ($1.85M), Greece ($1.73M), and Bulgaria ($704k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Serbia$733k (1%)
United Kingdom$27.9k (1%)
Germany$18.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Romania WERE (2021 - 2022):
Italy-$5.95k (-100%)
Slovakia-$1.41k (-55.7%)
Moldova-$1.05k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steel Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $53.9k
TOP IMPORT POTENTIALGermany+ $575k

Steel Bars’s highest export potential is Germany. With an export gap of $53.9k.   Steel Bars’s highest import potential is Germany with an import gap of $575k.

See methodology.

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