Insulated Wire in Romania

EXPORTS (2018): $4.75B, World Rnk 5 / 207
Flag Rnk 3 / 1169

TOP DESTINATION (2018): $1.8B, Germany

FASTEST GROWING MARKET (2017 - 2018): $68.7M, Slovakia

IMPORTS (2018): $2.19B, World Rnk 16 / 220
Flag Rnk 5 / 1207

TOP ORIGIN (2018): $398M, Moldova

FASTEST GROWING ORIGIN (2017 - 2018): $121M, Moldova

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

PRODUCT COMPLEXITY  IN Insulated Wire (2018): -0.64, Rnk 732 / 1018

Exports: In 2018, Romania exported $4.75B in Insulated Wire, making it the 5th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 3rd most exported product in Romania. The main destination of Insulated Wire exports from Romania are: Germany ($1.8B), Hungary ($362M), France ($350M), Czechia ($317M), and United Kingdom ($311M).

The fastest growing export markets for Insulated Wire of Romania between 2017 and 2018 were Slovakia ($68.7M), Moldova ($64.5M), and Serbia ($50.5M).

Imports: In 2018, Romania imported $2.19B in Insulated Wire, becoming the 16th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 5th most imported product in Romania. Romania imports Insulated Wire primarily from: Moldova ($398M), Germany ($309M), Hungary ($185M), Serbia ($176M), and Italy ($160M).

The fastest growing import markets in Insulated Wire for Romania between 2017 and 2018 were Moldova ($121M), Serbia ($57.5M), and Italy ($31.7M).

Tariffs: In 2005, the average tariff for Romania in Insulated Wire was 6.6%. The countries with the highest import tariffs for Insulated Wire were Angola (7.67%), Burundi (7.67%), Benin (7.67%), Burkina Faso (7.67%), and Botswana (7.67%).

Value

EXPORTS (2018): $4.75B

IMPORTS (2018): $2.19B

NET TRADE (2018): $2.56B

In 2018, Romania exported $4.75B in Insulated Wire. The main destinations of Romania exports on Insulated Wire were Germany ($1.8B), Hungary ($362M), France ($350M), Czechia ($317M), and United Kingdom ($311M).

In 2018, Romania imported $2.19B in Insulated Wire, mainly from Moldova ($398M), Germany ($309M), Hungary ($185M), Serbia ($176M), and Italy ($160M).

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IN 2018, Romania HAD A POSITIVE NET TRADE IN Insulated Wire WITH:

IN 2018, Romania HAD A NEGATIVE NET TRADE IN Insulated Wire WITH:

Flow

THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Romania WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Romania WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Romania's main exporting competitors in Insulated Wire were:

In 2018, Romania's main importing competitors in Insulated Wire were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Insulated Wire 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 Insulated Wire was 6.6%.

The countries with the highest tariffs for Insulated Wire in Romania were Angola (7.67%), Burundi (7.67%), Benin (7.67%), Burkina Faso (7.67%), and Botswana (7.67%).

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