Interchangeable Tool Parts in Romania

EXPORTS (2018): $49.2M, World Rnk 39 / 192
Flag Rnk 214 / 1169

TOP DESTINATION (2018): $29.2M, Germany

FASTEST GROWING MARKET (2017 - 2018): $3.4M, Switzerland

IMPORTS (2018): $164M, World Rnk 36 / 216
Flag Rnk 150 / 1207

TOP ORIGIN (2018): $63M, Germany

FASTEST GROWING ORIGIN (2017 - 2018): $12.4M, Germany

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

PRODUCT COMPLEXITY  IN Interchangeable Tool Parts (2018): 1.44, Rnk 58 / 1018

Exports: In 2018, Romania exported $49.2M in Interchangeable Tool Parts, making it the 39th largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 214th most exported product in Romania. The main destination of Interchangeable Tool Parts exports from Romania are: Germany ($29.2M), Switzerland ($3.91M), Russia ($2.97M), Bulgaria ($1.65M), and Slovenia ($1.42M).

The fastest growing export markets for Interchangeable Tool Parts of Romania between 2017 and 2018 were Switzerland ($3.4M), Russia ($2.91M), and Germany ($1.85M).

Imports: In 2018, Romania imported $164M in Interchangeable Tool Parts, becoming the 36th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 150th most imported product in Romania. Romania imports Interchangeable Tool Parts primarily from: Germany ($63M), Italy ($21.1M), France ($20.4M), China ($9.04M), and Netherlands ($6.58M).

The fastest growing import markets in Interchangeable Tool Parts for Romania between 2017 and 2018 were Germany ($12.4M), France ($10.5M), and Italy ($5.61M).

Tariffs: In 2005, the average tariff for Romania in Interchangeable Tool Parts was 18.8%. The countries with the highest import tariffs for Interchangeable Tool Parts were Burundi (22.8%), Burkina Faso (22.8%), Botswana (22.8%), Central African Republic (22.8%), and Cote d'Ivoire (22.8%).

Value

EXPORTS (2018): $49.2M

IMPORTS (2018): $164M

NET TRADE (2018): -$115M

In 2018, Romania exported $49.2M in Interchangeable Tool Parts. The main destinations of Romania exports on Interchangeable Tool Parts were Germany ($29.2M), Switzerland ($3.91M), Russia ($2.97M), Bulgaria ($1.65M), and Slovenia ($1.42M).

In 2018, Romania imported $164M in Interchangeable Tool Parts, mainly from Germany ($63M), Italy ($21.1M), France ($20.4M), China ($9.04M), and Netherlands ($6.58M).

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IN 2018, Romania HAD A POSITIVE NET TRADE IN Interchangeable Tool Parts WITH:

IN 2018, Romania HAD A NEGATIVE NET TRADE IN Interchangeable Tool Parts WITH:

Flow

THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Romania WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Romania WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Romania's main exporting competitors in Interchangeable Tool Parts were:

In 2018, Romania's main importing competitors in Interchangeable Tool Parts were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Interchangeable Tool Parts 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 Interchangeable Tool Parts was 18.8%.

The countries with the highest tariffs for Interchangeable Tool Parts in Romania were Burundi (22.8%), Burkina Faso (22.8%), Botswana (22.8%), Central African Republic (22.8%), and Cote d'Ivoire (22.8%).

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