2022
Exports
$2.27MWorld Rnk 39 / 166
Flag Rnk 732 / 1204
2022
PRODUCT COMPLEXITY IN Musical Instrument Parts
1.19Rnk 106 / 1025
2022
Imports
$5.51MWorld Rnk 39 / 204
Flag Rnk 827 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $2.27M in Musical Instrument Parts, making it the 39th largest exporter of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 732nd most exported product in Romania. The main destination of Musical Instrument Parts exports from Romania are: Italy ($1.24M), France ($261k), Germany ($255k), Spain ($154k), and Moldova ($107k).

The fastest growing export markets for Musical Instrument Parts of Romania between 2021 and 2022 were Moldova ($24.6k), Germany ($16.5k), and Bulgaria ($15.7k).

Imports In 2022, Romania imported $5.51M in Musical Instrument Parts, becoming the 39th largest importer of Musical Instrument Parts in the world. At the same year, Musical Instrument Parts was the 827th most imported product in Romania. Romania imports Musical Instrument Parts primarily from: Germany ($2.77M), Italy ($570k), China ($293k), India ($245k), and United States ($242k).

The fastest growing import markets in Musical Instrument Parts for Romania between 2021 and 2022 were Germany ($303k), India ($171k), and Croatia ($68.5k).

Latest Trends

Jul 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 Musical Instrument Parts. 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)$2.27M
IMPORTS (2022)$5.51M
NET TRADE (2022)-$3.25M

In 2022, Romania exported $2.27M in Musical Instrument Parts. The main destinations of Romania exports on Musical Instrument Parts were Italy ($1.24M), France ($261k), Germany ($255k), Spain ($154k), and Moldova ($107k).

In 2022, Romania imported $5.51M in Musical Instrument Parts, mainly from Germany ($2.77M), Italy ($570k), China ($293k), India ($245k), and United States ($242k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical Instrument Parts EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Moldova$24.6k (29.7%)
Germany$16.5k (6.92%)
Bulgaria$15.7k (12.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical Instrument Parts BY Romania WERE (2021 - 2022):
Italy-$2.37M (-65.6%)
Austria-$107k (-94.5%)
Spain-$67.4k (-30.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Musical Instrument Parts were:
In 2022, Romania's main importing competitors in Musical Instrument Parts were:

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Trade Value of Musical Instrument Parts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $200k
TOP IMPORT POTENTIALChina+ $405k

Musical Instrument Parts’s highest export potential is Germany. With an export gap of $200k.   Musical Instrument Parts’s highest import potential is China with an import gap of $405k.

See methodology.

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