2022
Exports
$91.9MWorld Rnk 47 / 162
Flag Rnk 173 / 1204
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$692MWorld Rnk 7 / 217
Flag Rnk 31 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $91.9M in Raw Iron Bars, making it the 47th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 173rd most exported product in Romania. The main destination of Raw Iron Bars exports from Romania are: Hungary ($21.9M), Germany ($17.8M), Poland ($11.8M), Italy ($8.38M), and Czechia ($4.72M).

The fastest growing export markets for Raw Iron Bars of Romania between 2021 and 2022 were Germany ($14.6M), Hungary ($14.1M), and Poland ($9.27M).

Imports In 2022, Romania imported $692M in Raw Iron Bars, becoming the 7th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 31st most imported product in Romania. Romania imports Raw Iron Bars primarily from: Bulgaria ($240M), Turkey ($137M), Greece ($59.8M), Egypt ($58.4M), and Italy ($49.7M).

The fastest growing import markets in Raw Iron Bars for Romania between 2021 and 2022 were Egypt ($58M), Turkey ($54.8M), and Kazakhstan ($21M).

Latest Trends

Mar 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 Raw Iron 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 (2022)$91.9M
IMPORTS (2022)$692M
NET TRADE (2022)-$600M

In 2022, Romania exported $91.9M in Raw Iron Bars. The main destinations of Romania exports on Raw Iron Bars were Hungary ($21.9M), Germany ($17.8M), Poland ($11.8M), Italy ($8.38M), and Czechia ($4.72M).

In 2022, Romania imported $692M in Raw Iron Bars, mainly from Bulgaria ($240M), Turkey ($137M), Greece ($59.8M), Egypt ($58.4M), and Italy ($49.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$14.6M (467%)
Hungary$14.1M (183%)
Poland$9.27M (369%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Romania WERE (2021 - 2022):
Turkey-$3.7M (-49.6%)
Bulgaria-$996k (-30.2%)
Brazil-$605k (-13.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Romania's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

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