2023
Exports
$5.38MWorld Rnk 30 / 122
Flag Rnk 585 / 1203
2023
PRODUCT COMPLEXITY IN Steel Wire
1.13Rnk 131 / 1025
2023
Imports
$32MWorld Rnk 26 / 200
Flag Rnk 494 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $5.38M in Steel Wire, making it the 30th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 585th most exported product in Romania. The main destination of Steel Wire exports from Romania are: Italy ($1.35M), Poland ($1M), Belgium ($708k), France ($556k), and Bulgaria ($407k).

The fastest growing export markets for Steel Wire of Romania between 2022 and 2023 were Italy ($964k), Belgium ($708k), and Poland ($443k).

Imports In 2023, Romania imported $32M in Steel Wire, becoming the 26th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 494th most imported product in Romania. Romania imports Steel Wire primarily from: Turkey ($8.66M), Italy ($5M), Czechia ($4.92M), China ($4M), and Germany ($1.73M).

The fastest growing import markets in Steel Wire for Romania between 2022 and 2023 were Luxembourg ($1.01M), Belgium ($582k), and North Macedonia ($227k).

COMPANIES In 2024, leading companies such as John Deere (1) were at the forefront of shipping Steel Wire from Romania to the United States.

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 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 (2023)$5.38M
IMPORTS (2023)$32M
NET TRADE (2023)-$26.6M

In 2023, Romania exported $5.38M in Steel Wire. The main destinations of Romania exports on Steel Wire were Italy ($1.35M), Poland ($1M), Belgium ($708k), France ($556k), and Bulgaria ($407k).

In 2023, Romania imported $32M in Steel Wire, mainly from Turkey ($8.66M), Italy ($5M), Czechia ($4.92M), China ($4M), and Germany ($1.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Italy$964k (249%)
Belgium$708k (70.8M%)
Poland$443k (79.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Romania WERE (2022 - 2023):
Luxembourg-$1.57M (-100%)
Hungary-$155k (-90.5%)
United States-$61.5k (-51.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Steel Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $242k
TOP IMPORT POTENTIALChina+ $1.6M

Steel Wire’s highest export potential is Poland. With an export gap of $242k.   Steel Wire’s highest import potential is China with an import gap of $1.6M.

See methodology.

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