2022
Exports
$586MWorld Rnk 15 / 214
Flag Rnk 32 / 1204
2022
PRODUCT COMPLEXITY IN Thermostats
1.04Rnk 157 / 1025
2022
Imports
$230MWorld Rnk 34 / 223
Flag Rnk 139 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $586M in Thermostats, making it the 15th largest exporter of Thermostats in the world. At the same year, Thermostats was the 32nd most exported product in Romania. The main destination of Thermostats exports from Romania are: Germany ($185M), Poland ($53.9M), Hungary ($44.3M), France ($35.7M), and Morocco ($27.1M).

The fastest growing export markets for Thermostats of Romania between 2021 and 2022 were Sweden ($13.1M), Serbia ($11.2M), and Morocco ($8.3M).

Imports In 2022, Romania imported $230M in Thermostats, becoming the 34th largest importer of Thermostats in the world. At the same year, Thermostats was the 139th most imported product in Romania. Romania imports Thermostats primarily from: Germany ($70.9M), France ($54.1M), China ($26.3M), Hungary ($15.6M), and Italy ($13.3M).

The fastest growing import markets in Thermostats for Romania between 2021 and 2022 were France ($10.1M), Germany ($9.43M), and China ($5.22M).

COMPANIES In 2023, leading companies such as John Deere (2) were at the forefront of shipping Thermostats 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 Thermostats. 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)$586M
IMPORTS (2022)$230M
NET TRADE (2022)$356M

In 2022, Romania exported $586M in Thermostats. The main destinations of Romania exports on Thermostats were Germany ($185M), Poland ($53.9M), Hungary ($44.3M), France ($35.7M), and Morocco ($27.1M).

In 2022, Romania imported $230M in Thermostats, mainly from Germany ($70.9M), France ($54.1M), China ($26.3M), Hungary ($15.6M), and Italy ($13.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Thermostats EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Sweden$13.1M (152%)
Serbia$11.2M (490%)
Morocco$8.3M (44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Thermostats BY Romania WERE (2021 - 2022):
Hungary-$12.3M (-21.8%)
Russia-$12.1M (-75%)
Germany-$8.58M (-4.43%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Thermostats were:
Japan $5.66B
China $5.61B
Germany $4.45B
In 2022, Romania's main importing competitors in Thermostats were:

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Trade Value of Thermostats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $29.8M
TOP IMPORT POTENTIALChina+ $13.8M

Thermostats’s highest export potential is China. With an export gap of $29.8M.   Thermostats’s highest import potential is China with an import gap of $13.8M.

See methodology.

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