Electrical Control Boards in Romania

2019
Exports | Imports
: $2.32B | $620M, World Rnk 7 / 210
Flag Rnk 5 / 1202 | World Rnk 30 / 225
Flag Rnk 20 / 1214

2019
Destination | Origin
: $1.21B | $261M, Germany | Germany

2018 - 2019
FASTEST GROWING MARKET |  FASTEST GROWING ORIGIN
: $32.1M | $86.2M, Germany |  Germany

2019
ECONOMIC COMPLEXITY of Romania
: 1.12, Rnk 25 / 157

2019
PRODUCT COMPLEXITY  IN Electrical Control Boards
: 0.64, Rnk 315 / 1029

Exports: In 2019, Romania exported $2.32B in Electrical Control Boards, making it the 7th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 5th most exported product in Romania. The main destination of Electrical Control Boards exports from Romania are: Germany ($1.21B), Czechia ($195M), Slovakia ($106M), United States ($98.9M), and China ($85.6M).

The fastest growing export markets for Electrical Control Boards of Romania between 2018 and 2019 were Germany ($32.1M), Slovakia ($22.9M), and Hungary ($21.6M).

Imports: In 2019, Romania imported $620M in Electrical Control Boards, becoming the 30th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 20th most imported product in Romania. Romania imports Electrical Control Boards primarily from: Germany ($261M), Hungary ($120M), China ($36M), Italy ($33.3M), and Czechia ($22.1M).

The fastest growing import markets in Electrical Control Boards for Romania between 2018 and 2019 were Germany ($86.2M), Hungary ($30.5M), and Malaysia ($9.32M).

Tariffs: In 2005, the average tariff for Romania in Electrical Control Boards was 8.45%. The countries with the highest import tariffs for Electrical Control Boards were Angola (9.84%), Burundi (9.84%), Benin (9.84%), Burkina Faso (9.84%), and Botswana (9.84%).

Value

EXPORTS (2019): $2.32B

IMPORTS (2019): $620M

NET TRADE (2019): $1.7B

In 2019, Romania exported $2.32B in Electrical Control Boards. The main destinations of Romania exports on Electrical Control Boards were Germany ($1.21B), Czechia ($195M), Slovakia ($106M), United States ($98.9M), and China ($85.6M).

In 2019, Romania imported $620M in Electrical Control Boards, mainly from Germany ($261M), Hungary ($120M), China ($36M), Italy ($33.3M), and Czechia ($22.1M).

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IN 2019, Romania HAD A POSITIVE NET TRADE IN Electrical Control Boards WITH:

IN 2019, Romania HAD A NEGATIVE NET TRADE IN Electrical Control Boards WITH:

Flow

THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Romania WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Romania WERE (2018 - 2019):

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Market Concentration

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In 2018, Romania's main exporting competitors in Electrical Control Boards were:

In 2018, Romania's main importing competitors in Electrical Control Boards were:

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Tariffs by Country

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In 2005, the average tariff for Romania in Electrical Control Boards was 8.45%.

The countries with the highest tariffs for Electrical Control Boards in Romania were Angola (9.84%), Burundi (9.84%), Benin (9.84%), Burkina Faso (9.84%), and Botswana (9.84%).

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