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2022
Exports $47.3MWorld Rnk 39 / 207
Flag Rnk 252 / 1204
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Knit Men's Suits-1.32Rnk 915 / 1025
2022
Imports $83.1MWorld Rnk 40 / 221
Flag Rnk 288 / 1214
2022
ECONOMIC COMPLEXITY of Romania1.03Rnk 26 / 133

About

Imports In 2022, Romania imported $83.1M in Knit Men's Suits, becoming the 40th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 288th most imported product in Romania. Romania imports Knit Men's Suits primarily from: Hungary ($15.4M), Poland ($14.5M), Belgium ($8.28M), Turkey ($7.7M), and Germany ($6.69M).

The fastest growing import markets in Knit Men's Suits for Romania between 2021 and 2022 were Hungary ($5.68M), Poland ($5.37M), and Belgium ($5.28M).

COMPANIES In 2023, leading companies such as IKEA Group (29) were at the forefront of shipping Knit Men's Suits from Romania to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Knit Men's Suits. 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)$47.3M
IMPORTS (2022)$83.1M
NET TRADE (2022)-$35.8M

In 2022, Romania imported $83.1M in Knit Men's Suits, mainly from Hungary ($15.4M), Poland ($14.5M), Belgium ($8.28M), Turkey ($7.7M), and Germany ($6.69M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Knit Men's Suits were:
China $4.9B
Bangladesh $1.43B
Vietnam $1.42B
In 2022, Romania's main importing competitors in Knit Men's Suits were:
United States $3.65B
Germany $921M
United Kingdom $799M

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $2.76M
TOP IMPORT POTENTIALChina+ $3.57M

Knit Men's Suits’s highest export potential is United States. With an export gap of $2.76M.   Knit Men's Suits’s highest import potential is China with an import gap of $3.57M.

See methodology.

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