2022
Exports
$427MWorld Rnk 31 / 216
Flag Rnk 49 / 1204
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$848MWorld Rnk 36 / 225
Flag Rnk 21 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $427M in Machinery Having Individual Functions, making it the 31st largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 49th most exported product in Romania. The main destination of Machinery Having Individual Functions exports from Romania are: Germany ($166M), Austria ($29.1M), United States ($23.1M), United Kingdom ($19.6M), and Italy ($16.9M).

The fastest growing export markets for Machinery Having Individual Functions of Romania between 2021 and 2022 were Austria ($10.1M), Mexico ($7.18M), and Hungary ($5.22M).

Imports In 2022, Romania imported $848M in Machinery Having Individual Functions, becoming the 36th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 21st most imported product in Romania. Romania imports Machinery Having Individual Functions primarily from: Germany ($322M), Italy ($102M), Turkey ($66.1M), Poland ($51M), and China ($42.7M).

The fastest growing import markets in Machinery Having Individual Functions for Romania between 2021 and 2022 were Turkey ($45.6M), Poland ($21.6M), and Switzerland ($12.7M).

COMPANIES In 2023, leading companies such as Team Hardinger (5) and John Deere (1) were at the forefront of shipping Machinery Having Individual Functions 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 Machinery Having Individual Functions. 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)$427M
IMPORTS (2022)$848M
NET TRADE (2022)-$420M

In 2022, Romania exported $427M in Machinery Having Individual Functions. The main destinations of Romania exports on Machinery Having Individual Functions were Germany ($166M), Austria ($29.1M), United States ($23.1M), United Kingdom ($19.6M), and Italy ($16.9M).

In 2022, Romania imported $848M in Machinery Having Individual Functions, mainly from Germany ($322M), Italy ($102M), Turkey ($66.1M), Poland ($51M), and China ($42.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Austria$10.1M (53.2%)
Mexico$7.18M (331%)
Hungary$5.22M (74.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Romania WERE (2021 - 2022):
Germany-$20.9M (-11.2%)
Italy-$18M (-51.6%)
Serbia-$15.8M (-93.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Romania's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.6M
TOP IMPORT POTENTIALChina+ $34.1M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $22.6M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $34.1M.

See methodology.

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