2023
Exports
$1.14MWorld Rnk 43 / 90
Flag Rnk 835 / 1203
2023
PRODUCT COMPLEXITY IN Steel Bars
0.38Rnk 420 / 1025
2023
Imports
$20.3MWorld Rnk 34 / 166
Flag Rnk 586 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $1.14M in Steel Bars, making it the 43rd largest exporter of Steel Bars in the world. At the same year, Steel Bars was the 835th most exported product in Romania. The main destination of Steel Bars exports from Romania are: Slovakia ($486k), Portugal ($154k), Italy ($134k), Czechia ($99.7k), and Germany ($70.4k).

The fastest growing export markets for Steel Bars of Romania between 2022 and 2023 were Slovakia ($485k), Portugal ($154k), and Italy ($134k).

Imports In 2023, Romania imported $20.3M in Steel Bars, becoming the 34th largest importer of Steel Bars in the world. At the same year, Steel Bars was the 586th most imported product in Romania. Romania imports Steel Bars primarily from: Moldova ($5.71M), Turkey ($3.56M), Italy ($2.7M), Poland ($2.22M), and Germany ($1.47M).

The fastest growing import markets in Steel Bars for Romania between 2022 and 2023 were Turkey ($3.55M), Germany ($1.11M), and Moldova ($1.06M).

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 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 (2023)$1.14M
IMPORTS (2023)$20.3M
NET TRADE (2023)-$19.1M

In 2023, Romania exported $1.14M in Steel Bars. The main destinations of Romania exports on Steel Bars were Slovakia ($486k), Portugal ($154k), Italy ($134k), Czechia ($99.7k), and Germany ($70.4k).

In 2023, Romania imported $20.3M in Steel Bars, mainly from Moldova ($5.71M), Turkey ($3.56M), Italy ($2.7M), Poland ($2.22M), and Germany ($1.47M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Bars EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Slovakia$485k (43.2k%)
Portugal$154k (1%)
Italy$134k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Bars BY Romania WERE (2022 - 2023):
Serbia-$733k (-100%)
United States-$9.61k (-100%)
Netherlands-$4.86k (-40.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Steel Bars were:
In 2023, 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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