2022
Exports
$28.3MWorld Rnk 20 / 145
Flag Rnk 322 / 1204
2022
PRODUCT COMPLEXITY IN Electrical Insulators
0.63Rnk 303 / 1025
2022
Imports
$16.3MWorld Rnk 37 / 207
Flag Rnk 615 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $28.3M in Electrical Insulators, making it the 20th largest exporter of Electrical Insulators in the world. At the same year, Electrical Insulators was the 322nd most exported product in Romania. The main destination of Electrical Insulators exports from Romania are: Italy ($8.62M), United States ($8.34M), Czechia ($2.55M), Germany ($1.98M), and Serbia ($971k).

The fastest growing export markets for Electrical Insulators of Romania between 2021 and 2022 were Italy ($2.36M), United States ($1.76M), and Brazil ($536k).

Imports In 2022, Romania imported $16.3M in Electrical Insulators, becoming the 37th largest importer of Electrical Insulators in the world. At the same year, Electrical Insulators was the 615th most imported product in Romania. Romania imports Electrical Insulators primarily from: Germany ($3.64M), Italy ($3.07M), Hungary ($2.69M), Bulgaria ($1.72M), and Portugal ($1.09M).

The fastest growing import markets in Electrical Insulators for Romania between 2021 and 2022 were Italy ($672k), Bulgaria ($343k), and Poland ($331k).

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 Electrical Insulators. 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)$28.3M
IMPORTS (2022)$16.3M
NET TRADE (2022)$12M

In 2022, Romania exported $28.3M in Electrical Insulators. The main destinations of Romania exports on Electrical Insulators were Italy ($8.62M), United States ($8.34M), Czechia ($2.55M), Germany ($1.98M), and Serbia ($971k).

In 2022, Romania imported $16.3M in Electrical Insulators, mainly from Germany ($3.64M), Italy ($3.07M), Hungary ($2.69M), Bulgaria ($1.72M), and Portugal ($1.09M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Insulators EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Italy$2.36M (37.8%)
United States$1.76M (26.8%)
Brazil$536k (1.08k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Insulators BY Romania WERE (2021 - 2022):
Germany-$619k (-23.8%)
Canada-$285k (-49.8%)
Sweden-$253k (-55.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Electrical Insulators were:
In 2022, Romania's main importing competitors in Electrical Insulators were:

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Trade Value of Electrical Insulators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.49M
TOP IMPORT POTENTIALChina+ $954k

Electrical Insulators’s highest export potential is United States. With an export gap of $1.49M.   Electrical Insulators’s highest import potential is China with an import gap of $954k.

See methodology.

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