2023
Exports
$19.3BWorld Rnk 27 / 226
Flag Rnk 1 / 96
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.73Rnk 19 / 1025
2023
Imports
$20.1BWorld Rnk 34 / 226
Flag Rnk 1 / 96
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $19.3B in Electrical machinery and electronics, making it the 27th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most exported product in Romania. The main destination of Electrical machinery and electronics exports from Romania are: Germany ($6.19B), Italy ($1.64B), Czechia ($1.11B), United States ($1.06B), and Hungary ($819M).

The fastest growing export markets for Electrical machinery and electronics of Romania between 2022 and 2023 were Germany ($625M), Italy ($256M), and United States ($202M).

Imports In 2023, Romania imported $20.1B in Electrical machinery and electronics, becoming the 34th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 1st most imported product in Romania. Romania imports Electrical machinery and electronics primarily from: Germany ($5.85B), China ($2.37B), Hungary ($1.46B), Italy ($1.17B), and Netherlands ($1.14B).

The fastest growing import markets in Electrical machinery and electronics for Romania between 2022 and 2023 were Germany ($487M), China ($344M), and Hungary ($219M).

COMPANIES In 2024, leading companies such as Vestas (112), Robert Bosch (61), and IKEA Group (52) were at the forefront of shipping Electrical machinery and electronics from Romania to the United States.

Latest Trends

Dec 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 machinery and electronics. 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 (2023)$19.3B
IMPORTS (2023)$20.1B
NET TRADE (2023)-$735M

In 2023, Romania exported $19.3B in Electrical machinery and electronics. The main destinations of Romania exports on Electrical machinery and electronics were Germany ($6.19B), Italy ($1.64B), Czechia ($1.11B), United States ($1.06B), and Hungary ($819M).

In 2023, Romania imported $20.1B in Electrical machinery and electronics, mainly from Germany ($5.85B), China ($2.37B), Hungary ($1.46B), Italy ($1.17B), and Netherlands ($1.14B).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Germany$625M (11.2%)
Italy$256M (18.5%)
United States$202M (23.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Romania WERE (2022 - 2023):
Austria-$184M (-27.1%)
South Korea-$88.9M (-72.7%)
Poland-$61.1M (-9.48%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Electrical machinery and electronics were:
In 2023, Romania's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $789M
TOP IMPORT POTENTIALChina+ $1.34B

Electrical machinery and electronics’s highest export potential is United States. With an export gap of $789M.   Electrical machinery and electronics’s highest import potential is China with an import gap of $1.34B.

See methodology.

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