2022
Exports
$1.78MWorld Rnk 30 / 120
Flag Rnk 783 / 1204
2022
PRODUCT COMPLEXITY IN Knitting Machines
1.1Rnk 135 / 1025
2022
Imports
$10.7MWorld Rnk 43 / 191
Flag Rnk 699 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.78M in Knitting Machines, making it the 30th largest exporter of Knitting Machines in the world. At the same year, Knitting Machines was the 783rd most exported product in Romania. The main destination of Knitting Machines exports from Romania are: Turkey ($599k), Greece ($277k), Italy ($260k), Germany ($243k), and India ($151k).

The fastest growing export markets for Knitting Machines of Romania between 2021 and 2022 were Turkey ($599k), Greece ($277k), and Germany ($175k).

Imports In 2022, Romania imported $10.7M in Knitting Machines, becoming the 43rd largest importer of Knitting Machines in the world. At the same year, Knitting Machines was the 699th most imported product in Romania. Romania imports Knitting Machines primarily from: Germany ($3.93M), Italy ($1.78M), Greece ($1.29M), China ($955k), and Switzerland ($768k).

The fastest growing import markets in Knitting Machines for Romania between 2021 and 2022 were Germany ($2.2M), Greece ($900k), and Switzerland ($756k).

COMPANIES In 2023, leading companies such as IKEA Group (13) were at the forefront of shipping Knitting Machines from Romania to the United States.

Latest Trends

Oct 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 Knitting 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)$1.78M
IMPORTS (2022)$10.7M
NET TRADE (2022)-$8.88M

In 2022, Romania exported $1.78M in Knitting Machines. The main destinations of Romania exports on Knitting Machines were Turkey ($599k), Greece ($277k), Italy ($260k), Germany ($243k), and India ($151k).

In 2022, Romania imported $10.7M in Knitting Machines, mainly from Germany ($3.93M), Italy ($1.78M), Greece ($1.29M), China ($955k), and Switzerland ($768k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knitting Machines EXPORT MARKETS FOR Romania WERE (2021 - 2022):
Turkey$599k (1%)
Greece$277k (1%)
Germany$175k (258%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knitting Machines BY Romania WERE (2021 - 2022):
Ukraine-$88.2k (-100%)
Italy-$80.8k (-23.7%)
Vietnam-$70.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Knitting Machines were:
China $1.28B
Japan $411M
In 2022, Romania's main importing competitors in Knitting Machines were:

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Trade Value of Knitting Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $275k
TOP IMPORT POTENTIALChina+ $854k

Knitting Machines’s highest export potential is Turkey. With an export gap of $275k.   Knitting Machines’s highest import potential is China with an import gap of $854k.

See methodology.

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