2023
Exports
$3.04BWorld Rnk 7 / 220
Flag Rnk 5 / 1203
2023
PRODUCT COMPLEXITY IN Electrical Control Boards
0.69Rnk 285 / 1025
2023
Imports
$825MWorld Rnk 30 / 225
Flag Rnk 25 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $3.04B in Electrical Control Boards, making it the 7th largest exporter of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 5th most exported product in Romania. The main destination of Electrical Control Boards exports from Romania are: Germany ($1.49B), Czechia ($233M), United States ($178M), France ($165M), and Slovakia ($121M).

The fastest growing export markets for Electrical Control Boards of Romania between 2022 and 2023 were Germany ($157M), France ($126M), and United States ($48.7M).

Imports In 2023, Romania imported $825M in Electrical Control Boards, becoming the 30th largest importer of Electrical Control Boards in the world. At the same year, Electrical Control Boards was the 25th most imported product in Romania. Romania imports Electrical Control Boards primarily from: Germany ($237M), Hungary ($147M), Italy ($62.2M), China ($52.5M), and Czechia ($41.5M).

The fastest growing import markets in Electrical Control Boards for Romania between 2022 and 2023 were Hungary ($41.4M), Italy ($37.8M), and France ($10.7M).

Latest Trends

Jan 2025

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 Electrical Control Boards. 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 (2023)$3.04B
IMPORTS (2023)$825M
NET TRADE (2023)$2.21B

In 2023, Romania exported $3.04B in Electrical Control Boards. The main destinations of Romania exports on Electrical Control Boards were Germany ($1.49B), Czechia ($233M), United States ($178M), France ($165M), and Slovakia ($121M).

In 2023, Romania imported $825M in Electrical Control Boards, mainly from Germany ($237M), Hungary ($147M), Italy ($62.2M), China ($52.5M), and Czechia ($41.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Control Boards EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Germany$157M (11.7%)
France$126M (315%)
United States$48.7M (37.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Control Boards BY Romania WERE (2022 - 2023):
China-$25.3M (-27.4%)
Switzerland-$21.1M (-67.2%)
Mexico-$14.1M (-52.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Electrical Control Boards were:
China $14.5B
Germany $13.7B
Mexico $9.41B
In 2023, Romania's main importing competitors in Electrical Control Boards were:

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Trade Value of Electrical Control Boards by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $112M
TOP IMPORT POTENTIALChina+ $35.9M

Electrical Control Boards’s highest export potential is United States. With an export gap of $112M.   Electrical Control Boards’s highest import potential is China with an import gap of $35.9M.

See methodology.

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