2022
Exports
$4.39MWorld Rnk 27 / 167
Flag Rnk 620 / 1204
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments
0.55Rnk 344 / 1025
2022
Imports
$13.2MWorld Rnk 38 / 210
Flag Rnk 656 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $4.39M in Electric Musical Instruments, making it the 27th largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 620th most exported product in Romania. The main destination of Electric Musical Instruments exports from Romania are: France ($739k), Germany ($671k), Spain ($425k), Cyprus ($385k), and Netherlands ($270k).

The fastest growing export markets for Electric Musical Instruments of Romania between 2021 and 2022 were Germany ($394k), Cyprus ($385k), and France ($337k).

Imports In 2022, Romania imported $13.2M in Electric Musical Instruments, becoming the 38th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 656th most imported product in Romania. Romania imports Electric Musical Instruments primarily from: Germany ($6.73M), Spain ($861k), Netherlands ($790k), China ($745k), and Belgium ($619k).

The fastest growing import markets in Electric Musical Instruments for Romania between 2021 and 2022 were Germany ($1.95M), Spain ($444k), and Netherlands ($389k).

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 Electric Musical Instruments. 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)$4.39M
IMPORTS (2022)$13.2M
NET TRADE (2022)-$8.8M

In 2022, Romania exported $4.39M in Electric Musical Instruments. The main destinations of Romania exports on Electric Musical Instruments were France ($739k), Germany ($671k), Spain ($425k), Cyprus ($385k), and Netherlands ($270k).

In 2022, Romania imported $13.2M in Electric Musical Instruments, mainly from Germany ($6.73M), Spain ($861k), Netherlands ($790k), China ($745k), and Belgium ($619k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Germany$394k (142%)
Cyprus$385k (1%)
France$337k (83.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Romania WERE (2021 - 2022):
Greece-$163k (-44.9%)
Poland-$45.3k (-65%)
Latvia-$26.1k (-96.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $350k
TOP IMPORT POTENTIALChina+ $888k

Electric Musical Instruments’s highest export potential is Germany. With an export gap of $350k.   Electric Musical Instruments’s highest import potential is China with an import gap of $888k.

See methodology.

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