2022
Exports | Imports
$2.98B | $625MWorld Rnk 6 / 219
Flag Rnk 6 / 1204
World Rnk 33 / 224
Flag Rnk 36 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.05Rnk 22 / 124
2022
PRODUCT COMPLEXITY IN Electrical Control Boards
0.59Rnk 341 / 1025

About

Exports In 2022, Romania exported $2.98B in Electrical Control Boards, making it the 6th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 6th most exported product in Romania. The main destination of Electrical Control Boards exports from Romania are: Germany ($1.5B), Czechia ($198M), United States ($149M), Slovakia ($116M), and China ($108M).

The fastest growing export markets for Electrical Control Boards of Romania between 2021 and 2022 were Germany ($59.9M), United States ($50.7M), and Spain ($33.7M).

Imports In 2022, Romania imported $625M in Electrical Control Boards, becoming the 33rd largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 36th most imported product in Romania. Romania imports Electrical Control Boards primarily from: Germany ($199M), Hungary ($106M), China ($52M), Czechia ($42.8M), and Lithuania ($24.4M).

The fastest growing import markets in Electrical Control Boards for Romania between 2021 and 2022 were Lithuania ($20.4M), Germany ($5.5M), and Netherlands ($4.99M).

COMPANIES In 2023, leading companies such as VESTAS NACELLES AMERICA INC. (228) were at the forefront of shipping Electrical Control Boards from Romania to the United States.

Latest Trends

Feb 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 Electrical Control Boards. 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)$2.98B
IMPORTS (2022)$625M
NET TRADE (2022)$2.36B

In 2022, Romania exported $2.98B in Electrical Control Boards. The main destinations of Romania exports on Electrical Control Boards were Germany ($1.5B), Czechia ($198M), United States ($149M), Slovakia ($116M), and China ($108M).

In 2022, Romania imported $625M in Electrical Control Boards, mainly from Germany ($199M), Hungary ($106M), China ($52M), Czechia ($42.8M), and Lithuania ($24.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$59.9M (4.17%)
United States$50.7M (51.4%)
Spain$33.7M (50.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Romania WERE (2021 - 2022):
Russia-$29.5M (-79.9%)
Switzerland-$16.8M (-61.6%)
Norway-$7.94M (-70.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Electrical Control Boards were:
China $14.2B
Germany $11.3B
Mexico $7.12B
In 2022, Romania's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

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