2022
Exports
$10.6MWorld Rnk 43 / 179
Flag Rnk 468 / 1204
2022
PRODUCT COMPLEXITY IN Compasses
0.89Rnk 212 / 1025
2022
Imports
$10.7MWorld Rnk 56 / 211
Flag Rnk 697 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $10.6M in Compasses, making it the 43rd largest exporter of Compasses in the world. At the same year, Compasses was the 468th most exported product in Romania. The main destination of Compasses exports from Romania are: Israel ($8.93M), Italy ($370k), United Kingdom ($295k), Netherlands ($287k), and France ($173k).

The fastest growing export markets for Compasses of Romania between 2021 and 2022 were United Kingdom ($280k), Netherlands ($267k), and Australia ($103k).

Imports In 2022, Romania imported $10.7M in Compasses, becoming the 56th largest importer of Compasses in the world. At the same year, Compasses was the 697th most imported product in Romania. Romania imports Compasses primarily from: France ($3.4M), United States ($1.76M), Netherlands ($1.09M), Israel ($869k), and Norway ($647k).

The fastest growing import markets in Compasses for Romania between 2021 and 2022 were France ($2.08M), Bulgaria ($98.6k), and United Kingdom ($69.9k).

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 Compasses. 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)$10.6M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$88.3k

In 2022, Romania exported $10.6M in Compasses. The main destinations of Romania exports on Compasses were Israel ($8.93M), Italy ($370k), United Kingdom ($295k), Netherlands ($287k), and France ($173k).

In 2022, Romania imported $10.7M in Compasses, mainly from France ($3.4M), United States ($1.76M), Netherlands ($1.09M), Israel ($869k), and Norway ($647k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Compasses EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United Kingdom$280k (1.91k%)
Netherlands$267k (1.35k%)
Australia$103k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Compasses BY Romania WERE (2021 - 2022):
Israel-$3.31M (-27.1%)
Spain-$170k (-55.2%)
France-$156k (-47.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Compasses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $457k
TOP IMPORT POTENTIALUnited States+ $705k

Compasses’s highest export potential is United Kingdom. With an export gap of $457k.   Compasses’s highest import potential is United States with an import gap of $705k.

See methodology.

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