2023
Exports
$799MWorld Rnk 14 / 216
Flag Rnk 22 / 1203
2023
PRODUCT COMPLEXITY IN Electrical Power Accessories
0.94Rnk 195 / 1025
2023
Imports
$903MWorld Rnk 11 / 224
Flag Rnk 24 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $799M in Electrical Power Accessories, making it the 14th largest exporter of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 22nd most exported product in Romania. The main destination of Electrical Power Accessories exports from Romania are: Germany ($163M), Hungary ($150M), Belgium ($60.9M), Italy ($52.4M), and Czechia ($49.8M).

The fastest growing export markets for Electrical Power Accessories of Romania between 2022 and 2023 were Germany ($32.9M), Hungary ($27.9M), and Serbia ($10.1M).

Imports In 2023, Romania imported $903M in Electrical Power Accessories, becoming the 11th largest importer of Electrical Power Accessories in the world. At the same year, Electrical Power Accessories was the 24th most imported product in Romania. Romania imports Electrical Power Accessories primarily from: Germany ($425M), Austria ($148M), Italy ($70.5M), Czechia ($62.9M), and China ($41.5M).

The fastest growing import markets in Electrical Power Accessories for Romania between 2022 and 2023 were Germany ($24.5M), Czechia ($15.1M), and Austria ($13.1M).

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 Power Accessories. 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)$799M
IMPORTS (2023)$903M
NET TRADE (2023)-$104M

In 2023, Romania exported $799M in Electrical Power Accessories. The main destinations of Romania exports on Electrical Power Accessories were Germany ($163M), Hungary ($150M), Belgium ($60.9M), Italy ($52.4M), and Czechia ($49.8M).

In 2023, Romania imported $903M in Electrical Power Accessories, mainly from Germany ($425M), Austria ($148M), Italy ($70.5M), Czechia ($62.9M), and China ($41.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Power Accessories EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Germany$32.9M (25.2%)
Hungary$27.9M (22.8%)
Serbia$10.1M (187%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Power Accessories BY Romania WERE (2022 - 2023):
Italy-$6.02M (-10.3%)
Israel-$5.67M (-68.2%)
Russia-$4.28M (-67%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Electrical Power Accessories were:
In 2023, Romania's main importing competitors in Electrical Power Accessories were:

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Trade Value of Electrical Power Accessories by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.6M
TOP IMPORT POTENTIALChina+ $26.7M

Electrical Power Accessories’s highest export potential is China. With an export gap of $24.6M.   Electrical Power Accessories’s highest import potential is China with an import gap of $26.7M.

See methodology.

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