2022
Exports
$47.3MWorld Rnk 39 / 207
Flag Rnk 252 / 1204
2022
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.32Rnk 915 / 1025
2022
Imports
$83.1MWorld Rnk 40 / 221
Flag Rnk 288 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $47.3M in Knit Men's Suits, making it the 39th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 252nd most exported product in Romania. The main destination of Knit Men's Suits exports from Romania are: Italy ($13.8M), Germany ($9.25M), Netherlands ($2.18M), Switzerland ($2.05M), and France ($2.02M).

The fastest growing export markets for Knit Men's Suits of Romania between 2021 and 2022 were United Kingdom ($1.73M), Bulgaria ($1.1M), and Czechia ($876k).

Imports In 2022, Romania imported $83.1M in Knit Men's Suits, becoming the 40th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 288th most imported product in Romania. Romania imports Knit Men's Suits primarily from: Hungary ($15.4M), Poland ($14.5M), Belgium ($8.28M), Turkey ($7.7M), and Germany ($6.69M).

The fastest growing import markets in Knit Men's Suits for Romania between 2021 and 2022 were Hungary ($5.68M), Poland ($5.37M), and Belgium ($5.28M).

COMPANIES In 2023, leading companies such as IKEA Group (29) were at the forefront of shipping Knit Men's Suits 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 Knit Men's Suits. 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)$47.3M
IMPORTS (2022)$83.1M
NET TRADE (2022)-$35.8M

In 2022, Romania exported $47.3M in Knit Men's Suits. The main destinations of Romania exports on Knit Men's Suits were Italy ($13.8M), Germany ($9.25M), Netherlands ($2.18M), Switzerland ($2.05M), and France ($2.02M).

In 2022, Romania imported $83.1M in Knit Men's Suits, mainly from Hungary ($15.4M), Poland ($14.5M), Belgium ($8.28M), Turkey ($7.7M), and Germany ($6.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United Kingdom$1.73M (739%)
Bulgaria$1.1M (171%)
Czechia$876k (123%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Romania WERE (2021 - 2022):
Italy-$2.02M (-12.8%)
Germany-$1.23M (-11.8%)
Spain-$1.1M (-71.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Knit Men's Suits were:
In 2022, Romania's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALChina+ $3.57M

Knit Men's Suits’s highest export potential is United States. With an export gap of $2.76M.   Knit Men's Suits’s highest import potential is China with an import gap of $3.57M.

See methodology.

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