2022
Exports
$229MWorld Rnk 14 / 209
Flag Rnk 87 / 1204
2022
PRODUCT COMPLEXITY IN Padlocks
0.82Rnk 236 / 1025
2022
Imports
$106MWorld Rnk 34 / 223
Flag Rnk 254 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $229M in Padlocks, making it the 14th largest exporter of Padlocks in the world. At the same year, Padlocks was the 87th most exported product in Romania. The main destination of Padlocks exports from Romania are: Germany ($63.5M), France ($39.6M), Spain ($33.7M), Slovakia ($15.1M), and Sweden ($13.9M).

The fastest growing export markets for Padlocks of Romania between 2021 and 2022 were United Kingdom ($1.09M), Austria ($934k), and Italy ($688k).

Imports In 2022, Romania imported $106M in Padlocks, becoming the 34th largest importer of Padlocks in the world. At the same year, Padlocks was the 254th most imported product in Romania. Romania imports Padlocks primarily from: China ($15.4M), Germany ($11.8M), Italy ($10.9M), Slovakia ($7.57M), and Turkey ($7.39M).

The fastest growing import markets in Padlocks for Romania between 2021 and 2022 were France ($1.77M), Germany ($1.54M), and Spain ($958k).

COMPANIES In 2023, leading companies such as Ford Motor Company (3) and CNH Industrial (1) were at the forefront of shipping Padlocks from Romania to the United States.

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 Padlocks. 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)$229M
IMPORTS (2022)$106M
NET TRADE (2022)$123M

In 2022, Romania exported $229M in Padlocks. The main destinations of Romania exports on Padlocks were Germany ($63.5M), France ($39.6M), Spain ($33.7M), Slovakia ($15.1M), and Sweden ($13.9M).

In 2022, Romania imported $106M in Padlocks, mainly from China ($15.4M), Germany ($11.8M), Italy ($10.9M), Slovakia ($7.57M), and Turkey ($7.39M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Padlocks EXPORT MARKETS FOR Romania WERE (2021 - 2022):
United Kingdom$1.09M (14.1%)
Austria$934k (25.2%)
Italy$688k (5.72%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Padlocks BY Romania WERE (2021 - 2022):
Spain-$6.79M (-16.8%)
Morocco-$6.17M (-47.4%)
Russia-$5.47M (-70.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Romania's main exporting competitors in Padlocks were:
China $5.34B
Germany $1.37B
Mexico $1.27B
In 2022, Romania's main importing competitors in Padlocks were:

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Trade Value of Padlocks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.79M
TOP IMPORT POTENTIALChina+ $9.22M

Padlocks’s highest export potential is United States. With an export gap of $5.79M.   Padlocks’s highest import potential is China with an import gap of $9.22M.

See methodology.

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