2022
Exports
$198MWorld Rnk 38 / 192
Flag Rnk 98 / 1204
2022
PRODUCT COMPLEXITY IN Gas Turbines
0.71Rnk 270 / 1025
2022
Imports
$247MWorld Rnk 54 / 207
Flag Rnk 130 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $198M in Gas Turbines, making it the 38th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 98th most exported product in Romania. The main destination of Gas Turbines exports from Romania are: Singapore ($72.9M), United States ($26.1M), Italy ($18.9M), Germany ($16.3M), and South Korea ($15M).

The fastest growing export markets for Gas Turbines of Romania between 2021 and 2022 were Singapore ($54.3M), South Korea ($14.6M), and Italy ($13.3M).

Imports In 2022, Romania imported $247M in Gas Turbines, becoming the 54th largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 130th most imported product in Romania. Romania imports Gas Turbines primarily from: China ($58.8M), France ($37.8M), Portugal ($29.3M), Sweden ($26.1M), and Germany ($17.6M).

The fastest growing import markets in Gas Turbines for Romania between 2021 and 2022 were Portugal ($24.7M), Sweden ($10.9M), and France ($10.7M).

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 Gas Turbines. 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)$198M
IMPORTS (2022)$247M
NET TRADE (2022)-$48.7M

In 2022, Romania exported $198M in Gas Turbines. The main destinations of Romania exports on Gas Turbines were Singapore ($72.9M), United States ($26.1M), Italy ($18.9M), Germany ($16.3M), and South Korea ($15M).

In 2022, Romania imported $247M in Gas Turbines, mainly from China ($58.8M), France ($37.8M), Portugal ($29.3M), Sweden ($26.1M), and Germany ($17.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Singapore$54.3M (292%)
South Korea$14.6M (3.5k%)
Italy$13.3M (239%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Romania WERE (2021 - 2022):
Germany-$20.3M (-55.6%)
United Kingdom-$15.6M (-72.6%)
Austria-$2.11M (-25.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Gas Turbines were:
In 2022, Romania's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $26.1M
TOP IMPORT POTENTIALFrance+ $17.6M

Gas Turbines’s highest export potential is United States. With an export gap of $26.1M.   Gas Turbines’s highest import potential is France with an import gap of $17.6M.

See methodology.

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