2023
Exports
$243MWorld Rnk 7 / 190
Flag Rnk 88 / 1203
2023
PRODUCT COMPLEXITY IN Stranded Iron Wire
0.24Rnk 479 / 1025
2023
Imports
$79.2MWorld Rnk 30 / 222
Flag Rnk 307 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $243M in Stranded Iron Wire, making it the 7th largest exporter of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 88th most exported product in Romania. The main destination of Stranded Iron Wire exports from Romania are: United States ($57.7M), Germany ($52.9M), Czechia ($29.6M), Slovakia ($25.3M), and Italy ($24M).

The fastest growing export markets for Stranded Iron Wire of Romania between 2022 and 2023 were United States ($6.36M), Germany ($5.23M), and Czechia ($2.98M).

Imports In 2023, Romania imported $79.2M in Stranded Iron Wire, becoming the 30th largest importer of Stranded Iron Wire in the world. At the same year, Stranded Iron Wire was the 307th most imported product in Romania. Romania imports Stranded Iron Wire primarily from: China ($21.1M), Turkey ($10.3M), Hungary ($10.1M), South Korea ($9.85M), and Germany ($5.17M).

The fastest growing import markets in Stranded Iron Wire for Romania between 2022 and 2023 were Thailand ($951k), Belgium ($585k), and Spain ($536k).

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 Stranded Iron 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)$243M
IMPORTS (2023)$79.2M
NET TRADE (2023)$164M

In 2023, Romania exported $243M in Stranded Iron Wire. The main destinations of Romania exports on Stranded Iron Wire were United States ($57.7M), Germany ($52.9M), Czechia ($29.6M), Slovakia ($25.3M), and Italy ($24M).

In 2023, Romania imported $79.2M in Stranded Iron Wire, mainly from China ($21.1M), Turkey ($10.3M), Hungary ($10.1M), South Korea ($9.85M), and Germany ($5.17M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Stranded Iron Wire EXPORT MARKETS FOR Romania WERE (2022 - 2023):
United States$6.36M (12.4%)
Germany$5.23M (11%)
Czechia$2.98M (11.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stranded Iron Wire BY Romania WERE (2022 - 2023):
Spain-$12.3M (-38.7%)
United Kingdom-$6.31M (-88.8%)
France-$5.29M (-51.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Stranded Iron Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.37M
TOP IMPORT POTENTIALChina+ $6.16M

Stranded Iron Wire’s highest export potential is United States. With an export gap of $8.37M.   Stranded Iron Wire’s highest import potential is China with an import gap of $6.16M.

See methodology.

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