HS Icon Locomotive Parts in  Flag Romania

2019
Exports | Imports
: $31.8M | $101M, World Rnk 33 / 138
Flag Rnk 264 / 1202 | World Rnk 24 / 191
Flag Rnk 212 / 1214

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.21M | $24.6M, Netherlands |  Czechia

2019
ECONOMIC COMPLEXITY of Romania
: 1.05, Rnk 25 / 147

2019
PRODUCT COMPLEXITY  IN Locomotive Parts
: 0.98, Rnk 176 / 1029

Exports: In 2019, Romania exported $31.8M in Locomotive Parts, making it the 33rd largest exporter of Locomotive Parts in the world. At the same year, Locomotive Parts was the 264th most exported product in Romania. The main destination of Locomotive Parts exports from Romania are: Germany ($10.6M), Italy ($4.63M), Poland ($3.61M), Bulgaria ($3.59M), and Netherlands ($1.6M).

The fastest growing export markets for Locomotive Parts of Romania between 2018 and 2019 were Netherlands ($1.21M), Slovakia ($1.12M), and Germany ($938k).

Imports: In 2019, Romania imported $101M in Locomotive Parts, becoming the 24th largest importer of Locomotive Parts in the world. At the same year, Locomotive Parts was the 212th most imported product in Romania. Romania imports Locomotive Parts primarily from: Czechia ($32.9M), Germany ($17M), Poland ($12.6M), Hungary ($8.99M), and Austria ($5.57M).

The fastest growing import markets in Locomotive Parts for Romania between 2018 and 2019 were Czechia ($24.6M), Germany ($5.85M), and Hungary ($4.09M).

Tariffs: In 2005, the average tariff for Romania in Locomotive Parts was 16.9%. The countries with the highest import tariffs for Locomotive Parts were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).

Historical Data

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Value

EXPORTS (2019): $31.8M

IMPORTS (2019): $101M

NET TRADE (2019): -$69.1M

In 2019, Romania exported $31.8M in Locomotive Parts. The main destinations of Romania exports on Locomotive Parts were Germany ($10.6M), Italy ($4.63M), Poland ($3.61M), Bulgaria ($3.59M), and Netherlands ($1.6M).

In 2019, Romania imported $101M in Locomotive Parts, mainly from Czechia ($32.9M), Germany ($17M), Poland ($12.6M), Hungary ($8.99M), and Austria ($5.57M).

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IN 2019, Romania HAD A POSITIVE NET TRADE IN Locomotive Parts WITH:

IN 2019, Romania HAD A NEGATIVE NET TRADE IN Locomotive Parts WITH:

Flow

THE FASTEST GROWING Locomotive Parts EXPORT MARKETS FOR Romania WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locomotive Parts BY Romania WERE (2018 - 2019):

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Market Concentration

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Flow
Type

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

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

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Tariffs by Country

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In 2005, the average tariff for Romania in Locomotive Parts was 16.9%.

The countries with the highest tariffs for Locomotive Parts in Romania were Angola (Most Favoured Nation duty rate treatement, 20%), Burundi (Most Favoured Nation duty rate treatement, 20%), Benin (Most Favoured Nation duty rate treatement, 20%), Burkina Faso (Most Favoured Nation duty rate treatement, 20%), and Botswana (Most Favoured Nation duty rate treatement, 20%).