2018
Exports
$4.09MWorld Rnk 35 / 123
Flag Rnk 629 / 1204
2022
PRODUCT COMPLEXITY IN Steel Wire
0.96Rnk 189 / 1025
2018
Imports
$34.5MWorld Rnk 28 / 193
Flag Rnk 460 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2018, Romania exported $4.09M in Steel Wire, making it the 35th largest exporter of Steel Wire in the world. At the same year, Steel Wire was the 629th most exported product in Romania. The main destination of Steel Wire exports from Romania are: Luxembourg ($1.48M), Bulgaria ($592k), Poland ($560k), Italy ($391k), and France ($245k).

The fastest growing export markets for Steel Wire of Romania between 2021 and 2022 were Italy ($295k), Bulgaria ($228k), and Hungary ($135k).

Imports In 2022, Romania imported $34.5M in Steel Wire, becoming the 28th largest importer of Steel Wire in the world. At the same year, Steel Wire was the 460th most imported product in Romania. Romania imports Steel Wire primarily from: Turkey ($10.6M), Czechia ($5.03M), Italy ($4.7M), China ($3.88M), and Netherlands ($1.89M).

The fastest growing import markets in Steel Wire for Romania between 2021 and 2022 were Turkey ($2.18M), France ($1.25M), and Czechia ($852k).

COMPANIES In 2023, leading companies such as John Deere (1) were at the forefront of shipping Steel Wire from Romania to the United States.

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 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)$4.09M
IMPORTS (2022)$34.5M
NET TRADE (2022)-$30.4M

In 2022, Romania exported $4.09M in Steel Wire. The main destinations of Romania exports on Steel Wire were Luxembourg ($1.48M), Bulgaria ($592k), Poland ($560k), Italy ($391k), and France ($245k).

In 2022, Romania imported $34.5M in Steel Wire, mainly from Turkey ($10.6M), Czechia ($5.03M), Italy ($4.7M), China ($3.88M), and Netherlands ($1.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steel Wire EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Italy$295k (307%)
Bulgaria$228k (62.6%)
Hungary$135k (119k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steel Wire BY Romania WERE (2021 - 2022):
Poland-$1.46M (-72.3%)
Luxembourg-$487k (-24.8%)
Spain-$58.7k (-92.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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