2023
Exports
$3.67MWorld Rnk 33 / 196
Flag Rnk 649 / 1203
2023
PRODUCT COMPLEXITY IN Hand Tools
0.76Rnk 262 / 1025
2023
Imports
$20.7MWorld Rnk 31 / 220
Flag Rnk 580 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $3.67M in Hand Tools, making it the 33rd largest exporter of Hand Tools in the world. At the same year, Hand Tools was the 649th most exported product in Romania. The main destination of Hand Tools exports from Romania are: Germany ($1.75M), Czechia ($500k), France ($474k), United States ($318k), and Hungary ($65.1k).

The fastest growing export markets for Hand Tools of Romania between 2022 and 2023 were United States ($310k), Czechia ($270k), and Germany ($220k).

Imports In 2023, Romania imported $20.7M in Hand Tools, becoming the 31st largest importer of Hand Tools in the world. At the same year, Hand Tools was the 580th most imported product in Romania. Romania imports Hand Tools primarily from: Germany ($7.61M), China ($3.55M), Poland ($2.28M), Italy ($992k), and Belgium ($734k).

The fastest growing import markets in Hand Tools for Romania between 2022 and 2023 were Germany ($396k), Italy ($357k), and Austria ($137k).

COMPANIES In 2024, leading companies such as John Deere (1) were at the forefront of shipping Hand Tools from Romania to the United States.

Latest Trends

Dec 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 Hand Tools. 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)$3.67M
IMPORTS (2023)$20.7M
NET TRADE (2023)-$17M

In 2023, Romania exported $3.67M in Hand Tools. The main destinations of Romania exports on Hand Tools were Germany ($1.75M), Czechia ($500k), France ($474k), United States ($318k), and Hungary ($65.1k).

In 2023, Romania imported $20.7M in Hand Tools, mainly from Germany ($7.61M), China ($3.55M), Poland ($2.28M), Italy ($992k), and Belgium ($734k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hand Tools EXPORT MARKETS FOR Romania WERE (2022 - 2023):
United States$310k (4.29k%)
Czechia$270k (118%)
Germany$220k (14.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hand Tools BY Romania WERE (2022 - 2023):
Italy-$112k (-96.8%)
France-$68.4k (-12.6%)
United Kingdom-$48.8k (-69.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Hand Tools were:
In 2023, Romania's main importing competitors in Hand Tools were:

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Trade Value of Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $195k
TOP IMPORT POTENTIALChina+ $1.59M

Hand Tools’s highest export potential is France. With an export gap of $195k.   Hand Tools’s highest import potential is China with an import gap of $1.59M.

See methodology.

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