2022
Exports
$702MWorld Rnk 17 / 218
Flag Rnk 27 / 1204
2022
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.91Rnk 204 / 1025
2022
Imports
$809MWorld Rnk 15 / 225
Flag Rnk 25 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $702M in Electrical Power Accessories, making it the 17th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 27th most exported product in Romania. The main destination of Electrical Power Accessories exports from Romania are: Germany ($154M), Hungary ($121M), Italy ($55.3M), Belgium ($54.9M), and Czechia ($43.9M).

The fastest growing export markets for Electrical Power Accessories of Romania between 2021 and 2022 were Hungary ($47M), Germany ($10.4M), and Czechia ($7.53M).

Imports In 2018, Romania imported $809M in Electrical Power Accessories, becoming the 15th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 25th most imported product in Romania. Romania imports Electrical Power Accessories primarily from: Germany ($398M), Austria ($117M), Italy ($71.4M), Czechia ($53.1M), and China ($34.5M).

The fastest growing import markets in Electrical Power Accessories for Romania between 2021 and 2022 were China ($9.34M), Czechia ($7.85M), and Bulgaria ($5.97M).

COMPANIES In 2023, leading companies such as ABB Motors and Mechanical (8) were at the forefront of shipping Electrical Power Accessories 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 Electrical Power Accessories. 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)$702M
IMPORTS (2022)$809M
NET TRADE (2022)-$107M

In 2022, Romania exported $702M in Electrical Power Accessories. The main destinations of Romania exports on Electrical Power Accessories were Germany ($154M), Hungary ($121M), Italy ($55.3M), Belgium ($54.9M), and Czechia ($43.9M).

In 2022, Romania imported $809M in Electrical Power Accessories, mainly from Germany ($398M), Austria ($117M), Italy ($71.4M), Czechia ($53.1M), and China ($34.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Hungary$47M (63.4%)
Germany$10.4M (7.23%)
Czechia$7.53M (20.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Romania WERE (2021 - 2022):
France-$16.6M (-45.6%)
Israel-$8.66M (-64.8%)
China-$4.66M (-32.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.6M
TOP IMPORT POTENTIALChina+ $26.7M

Electrical Power Accessories’s highest export potential is China. With an export gap of $24.6M.   Electrical Power Accessories’s highest import potential is China with an import gap of $26.7M.

See methodology.

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