2022
Exports
$1.88MWorld Rnk 40 / 126
Flag Rnk 767 / 1204
2022
PRODUCT COMPLEXITY IN Casting Machines
0.63Rnk 304 / 1025
2022
Imports
$13.3MWorld Rnk 41 / 183
Flag Rnk 653 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.88M in Casting Machines, making it the 40th largest exporter of Casting Machines in the world. At the same year, Casting Machines was the 767th most exported product in Romania. The main destination of Casting Machines exports from Romania are: Austria ($471k), Turkey ($465k), Azerbaijan ($250k), Belgium ($163k), and United States ($158k).

The fastest growing export markets for Casting Machines of Romania between 2021 and 2022 were Belgium ($163k), Turkey ($150k), and United States ($104k).

Imports In 2022, Romania imported $13.3M in Casting Machines, becoming the 41st largest importer of Casting Machines in the world. At the same year, Casting Machines was the 653rd most imported product in Romania. Romania imports Casting Machines primarily from: Sweden ($2.44M), Italy ($2.21M), Germany ($1.98M), China ($1.52M), and United States ($1.35M).

The fastest growing import markets in Casting Machines for Romania between 2021 and 2022 were Sweden ($1.85M), United States ($788k), and Germany ($495k).

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 Casting Machines. 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)$1.88M
IMPORTS (2022)$13.3M
NET TRADE (2022)-$11.4M

In 2022, Romania exported $1.88M in Casting Machines. The main destinations of Romania exports on Casting Machines were Austria ($471k), Turkey ($465k), Azerbaijan ($250k), Belgium ($163k), and United States ($158k).

In 2022, Romania imported $13.3M in Casting Machines, mainly from Sweden ($2.44M), Italy ($2.21M), Germany ($1.98M), China ($1.52M), and United States ($1.35M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Casting Machines EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Belgium$163k (1%)
Turkey$150k (47.8%)
United States$104k (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Casting Machines BY Romania WERE (2021 - 2022):
Austria-$551k (-53.9%)
Azerbaijan-$112k (-30.9%)
Finland-$76k (-99.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Casting Machines were:
China $862M
Italy $360M
Japan $267M
In 2022, Romania's main importing competitors in Casting Machines were:

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Trade Value of Casting Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $246k
TOP IMPORT POTENTIALChina+ $1.14M

Casting Machines’s highest export potential is Turkey. With an export gap of $246k.   Casting Machines’s highest import potential is China with an import gap of $1.14M.

See methodology.

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