2022
Exports
$102MWorld Rnk 44 / 226
Flag Rnk 60 / 96
2022
PRODUCT COMPLEXITY IN Tools & cutlery
1.7Rnk 24 / 1025
2022
Imports
$471MWorld Rnk 35 / 225
Flag Rnk 48 / 96
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $102M in Tools & cutlery, making it the 44th largest exporter of Tools & cutlery in the world. At the same year, Tools & cutlery was the 60th most exported product in Romania. The main destination of Tools & cutlery exports from Romania are: Germany ($34.3M), Bulgaria ($11.5M), France ($6.63M), Serbia ($6.22M), and Italy ($5.54M).

The fastest growing export markets for Tools & cutlery of Romania between 2021 and 2022 were Austria ($2.71M), Greece ($740k), and France ($712k).

Imports In 2022, Romania imported $471M in Tools & cutlery, becoming the 35th largest importer of Tools & cutlery in the world. At the same year, Tools & cutlery was the 48th most imported product in Romania. Romania imports Tools & cutlery primarily from: Germany ($113M), China ($83.9M), Poland ($49M), Italy ($35.4M), and Netherlands ($27.7M).

The fastest growing import markets in Tools & cutlery for Romania between 2021 and 2022 were Austria ($3M), France ($2.19M), and Netherlands ($1.61M).

COMPANIES In 2023, leading companies such as John Deere (3) were at the forefront of shipping Tools & cutlery from Romania to the United States.

Latest Trends

Jul 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 Tools & cutlery. 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)$102M
IMPORTS (2022)$471M
NET TRADE (2022)-$369M

In 2022, Romania exported $102M in Tools & cutlery. The main destinations of Romania exports on Tools & cutlery were Germany ($34.3M), Bulgaria ($11.5M), France ($6.63M), Serbia ($6.22M), and Italy ($5.54M).

In 2022, Romania imported $471M in Tools & cutlery, mainly from Germany ($113M), China ($83.9M), Poland ($49M), Italy ($35.4M), and Netherlands ($27.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tools & cutlery EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Austria$2.71M (486%)
Greece$740k (121%)
France$712k (12%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tools & cutlery BY Romania WERE (2021 - 2022):
Hungary-$2.36M (-40.2%)
Switzerland-$1.11M (-40.1%)
Germany-$883k (-2.51%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Tools & cutlery were:
In 2022, Romania's main importing competitors in Tools & cutlery were:

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Trade Value of Tools & cutlery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $4.55M
TOP IMPORT POTENTIALChina+ $34.4M

Tools & cutlery’s highest export potential is Germany. With an export gap of $4.55M.   Tools & cutlery’s highest import potential is China with an import gap of $34.4M.

See methodology.

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