2022
Exports
$11.6MWorld Rnk 40 / 165
Flag Rnk 457 / 1204
2022
PRODUCT COMPLEXITY IN Forging Machines
1.5Rnk 53 / 1025
2022
Imports
$79.5MWorld Rnk 28 / 211
Flag Rnk 296 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $11.6M in Forging Machines, making it the 40th largest exporter of Forging Machines in the world. At the same year, Forging Machines was the 457th most exported product in Romania. The main destination of Forging Machines exports from Romania are: Spain ($3.61M), Turkey ($1.18M), Bulgaria ($1.1M), India ($950k), and Slovakia ($864k).

The fastest growing export markets for Forging Machines of Romania between 2021 and 2022 were Spain ($2.72M), Slovakia ($850k), and India ($548k).

Imports In 2022, Romania imported $79.5M in Forging Machines, becoming the 28th largest importer of Forging Machines in the world. At the same year, Forging Machines was the 296th most imported product in Romania. Romania imports Forging Machines primarily from: Italy ($25.2M), Germany ($10.1M), Turkey ($9.15M), China ($5.53M), and Poland ($4.01M).

The fastest growing import markets in Forging Machines for Romania between 2021 and 2022 were Spain ($3.31M), Turkey ($1.93M), and Ukraine ($1.79M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (2) were at the forefront of shipping Forging Machines from Romania to the United States.

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 Forging 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)$11.6M
IMPORTS (2022)$79.5M
NET TRADE (2022)-$68M

In 2022, Romania exported $11.6M in Forging Machines. The main destinations of Romania exports on Forging Machines were Spain ($3.61M), Turkey ($1.18M), Bulgaria ($1.1M), India ($950k), and Slovakia ($864k).

In 2022, Romania imported $79.5M in Forging Machines, mainly from Italy ($25.2M), Germany ($10.1M), Turkey ($9.15M), China ($5.53M), and Poland ($4.01M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Forging Machines EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Spain$2.72M (309%)
Slovakia$850k (6.3k%)
India$548k (137%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Forging Machines BY Romania WERE (2021 - 2022):
Germany-$2.29M (-88.1%)
Netherlands-$1.97M (-75.8%)
Ukraine-$1.08M (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Forging Machines were:
China $1.72B
Italy $1.2B
Germany $1.02B
In 2022, Romania's main importing competitors in Forging Machines were:

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Trade Value of Forging Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $891k
TOP IMPORT POTENTIALChina+ $4.24M

Forging Machines’s highest export potential is India. With an export gap of $891k.   Forging Machines’s highest import potential is China with an import gap of $4.24M.

See methodology.

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