Electrical Control Boards in Romania

EXPORTS (2018): $2.21B, World Rnk 7 / 192
Flag Rnk 5 / 1169

TOP DESTINATION (2018): $1.17B, Germany

FASTEST GROWING MARKET (2017 - 2018): $180M, Germany

IMPORTS (2018): $499M, World Rnk 34 / 218
Flag Rnk 26 / 1207

TOP ORIGIN (2018): $174M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $66.3M, Hungary

ECONOMIC COMPLEXITY of Romania (2018): 0.92, Rnk 29 / 137

PRODUCT COMPLEXITY  IN Electrical Control Boards (2018): 0.49, Rnk 376 / 1018

Exports: In 2018, Romania exported $2.21B 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 ($1.17B), Czechia ($191M), United States ($108M), China ($102M), and Slovakia ($83.1M).

The fastest growing export markets for Electrical Control Boards of Romania between 2017 and 2018 were Germany ($180M), Czechia ($57.8M), and United States ($52.9M).

Imports: In 2018, Romania imported $499M in Electrical Control Boards, becoming the 34th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 26th most imported product in Romania. Romania imports Electrical Control Boards primarily from: Germany ($174M), Hungary ($91.5M), China ($35.7M), Italy ($29.9M), and Czechia ($23M).

The fastest growing import markets in Electrical Control Boards for Romania between 2017 and 2018 were Hungary ($66.3M), Germany ($26.6M), and China ($13.3M).

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 (2018): $2.21B

IMPORTS (2018): $499M

NET TRADE (2018): $1.71B

In 2018, Romania exported $2.21B in Electrical Control Boards. The main destinations of Romania exports on Electrical Control Boards were Germany ($1.17B), Czechia ($191M), United States ($108M), China ($102M), and Slovakia ($83.1M).

In 2018, Romania imported $499M in Electrical Control Boards, mainly from Germany ($174M), Hungary ($91.5M), China ($35.7M), Italy ($29.9M), and Czechia ($23M).

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IN 2018, Romania HAD A POSITIVE NET TRADE IN Electrical Control Boards WITH:

IN 2018, Romania HAD A NEGATIVE NET TRADE IN Electrical Control Boards WITH:

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THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Romania WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Romania WERE (2017 - 2018):

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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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Trade Forecasts

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This section shows forecasts for total exports and imports, for Electrical Control Boards in Romania. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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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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