2023
Exports
$35.2MWorld Rnk 42 / 212
Flag Rnk 292 / 1203
2023
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.77Rnk 16 / 1025
2023
Imports
$198MWorld Rnk 31 / 223
Flag Rnk 166 / 1213
2023
ECONOMIC COMPLEXITY of Romania
1.02Rnk 28 / 132

About

Exports In 2023, Romania exported $35.2M in Interchangeable Tool Parts, making it the 42nd largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 292nd most exported product in Romania. The main destination of Interchangeable Tool Parts exports from Romania are: Germany ($21.5M), Italy ($3.91M), Bulgaria ($1.64M), Netherlands ($1.31M), and Turkey ($1.03M).

The fastest growing export markets for Interchangeable Tool Parts of Romania between 2022 and 2023 were Turkey ($611k), Hungary ($363k), and Croatia ($357k).

Imports In 2023, Romania imported $198M in Interchangeable Tool Parts, becoming the 31st largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 166th most imported product in Romania. Romania imports Interchangeable Tool Parts primarily from: Germany ($60M), China ($37.7M), Italy ($22.2M), Turkey ($13.4M), and France ($10.9M).

The fastest growing import markets in Interchangeable Tool Parts for Romania between 2022 and 2023 were China ($23.8M), Turkey ($9.06M), and Italy ($2.42M).

COMPANIES In 2024, leading companies such as Robert Bosch (1) and Arhaus (1) were at the forefront of shipping Interchangeable Tool Parts 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 Interchangeable Tool Parts. 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)$35.2M
IMPORTS (2023)$198M
NET TRADE (2023)-$163M

In 2023, Romania exported $35.2M in Interchangeable Tool Parts. The main destinations of Romania exports on Interchangeable Tool Parts were Germany ($21.5M), Italy ($3.91M), Bulgaria ($1.64M), Netherlands ($1.31M), and Turkey ($1.03M).

In 2023, Romania imported $198M in Interchangeable Tool Parts, mainly from Germany ($60M), China ($37.7M), Italy ($22.2M), Turkey ($13.4M), and France ($10.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Romania WERE (2022 - 2023):
Turkey$611k (146%)
Hungary$363k (262%)
Croatia$357k (4.62k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Romania WERE (2022 - 2023):
Switzerland-$981k (-68.4%)
Austria-$430k (-63.1%)
Albania-$359k (-91.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Romania's main exporting competitors in Interchangeable Tool Parts were:
In 2023, Romania's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $2.57M
TOP IMPORT POTENTIALChina+ $10.5M

Interchangeable Tool Parts’s highest export potential is Germany. With an export gap of $2.57M.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $10.5M.

See methodology.

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