2023
Exports
$51MWorld Rnk 31 / 142
Flag Rnk 245 / 1203
2023
PRODUCT COMPLEXITY IN Synthetic Rubber
0.45Rnk 383 / 1025
2023
Imports
$278MWorld Rnk 23 / 205
Flag Rnk 119 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $51M in Synthetic Rubber, making it the 31st largest exporter of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 245th most exported product in Romania. The main destination of Synthetic Rubber exports from Romania are: Italy ($36.6M), Mexico ($5.39M), Hungary ($2.11M), Netherlands ($1.15M), and United Kingdom ($1.08M).

The fastest growing export markets for Synthetic Rubber of Romania between 2022 and 2023 were Mexico ($4.53M), Italy ($850k), and China ($549k).

Imports In 2023, Romania imported $278M in Synthetic Rubber, becoming the 23rd largest importer of Synthetic Rubber in the world. At the same year, Synthetic Rubber was the 119th most imported product in Romania. Romania imports Synthetic Rubber primarily from: Germany ($58.6M), Russia ($48.4M), Poland ($48.2M), Belgium ($23.4M), and Czechia ($15M).

The fastest growing import markets in Synthetic Rubber for Romania between 2022 and 2023 were Poland ($20.5M), Lithuania ($8.7M), and Malta ($8.15M).

COMPANIES In 2024, leading companies such as John Deere (1) were at the forefront of shipping Synthetic Rubber 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 Synthetic Rubber. 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)$51M
IMPORTS (2023)$278M
NET TRADE (2023)-$227M

In 2023, Romania exported $51M in Synthetic Rubber. The main destinations of Romania exports on Synthetic Rubber were Italy ($36.6M), Mexico ($5.39M), Hungary ($2.11M), Netherlands ($1.15M), and United Kingdom ($1.08M).

In 2023, Romania imported $278M in Synthetic Rubber, mainly from Germany ($58.6M), Russia ($48.4M), Poland ($48.2M), Belgium ($23.4M), and Czechia ($15M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Rubber EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Mexico$4.53M (526%)
Italy$850k (2.37%)
China$549k (34.3k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Rubber BY Romania WERE (2022 - 2023):
United Kingdom-$3.59M (-76.8%)
Austria-$2.11M (-100%)
Russia-$1.34M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Synthetic Rubber were:
In 2023, Romania's main importing competitors in Synthetic Rubber were:

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Trade Value of Synthetic Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.98M
TOP IMPORT POTENTIALThailand+ $7.69M

Synthetic Rubber’s highest export potential is Germany. With an export gap of $2.98M.   Synthetic Rubber’s highest import potential is Thailand with an import gap of $7.69M.

See methodology.

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