2022
Exports
$65MWorld Rnk 23 / 182
Flag Rnk 218 / 1204
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$99.2MWorld Rnk 27 / 216
Flag Rnk 261 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $65M in Electromagnets, making it the 23rd largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 218th most exported product in Romania. The main destination of Electromagnets exports from Romania are: Germany ($45.2M), Czechia ($4.21M), Slovakia ($3.73M), Japan ($2.92M), and Italy ($1.97M).

The fastest growing export markets for Electromagnets of Romania between 2021 and 2022 were Japan ($2.92M), Italy ($1.59M), and France ($483k).

Imports In 2022, Romania imported $99.2M in Electromagnets, becoming the 27th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 261st most imported product in Romania. Romania imports Electromagnets primarily from: N/A.

The fastest growing import markets in Electromagnets for Romania between 2021 and 2022 were Austria ($5.12M), Italy ($701k), and Poland ($458k).

Latest Trends

Oct 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 Electromagnets. 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)$65M
IMPORTS (2022)$99.2M
NET TRADE (2022)-$34.2M

In 2022, Romania exported $65M in Electromagnets. The main destinations of Romania exports on Electromagnets were Germany ($45.2M), Czechia ($4.21M), Slovakia ($3.73M), Japan ($2.92M), and Italy ($1.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Japan$2.92M (1%)
Italy$1.59M (414%)
France$483k (760%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Romania WERE (2021 - 2022):
Germany-$2.14M (-4.52%)
China-$1.62M (-82.5%)
Russia-$1.28M (-99.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Romania's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $3.48M
TOP IMPORT POTENTIALChina+ $7.15M

Electromagnets’s highest export potential is China. With an export gap of $3.48M.   Electromagnets’s highest import potential is China with an import gap of $7.15M.

See methodology.

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