2022
Exports
$1.72MWorld Rnk 38 / 184
Flag Rnk 787 / 1204
2022
PRODUCT COMPLEXITY IN Tool Sets
0.9Rnk 208 / 1025
2022
Imports
$12.5MWorld Rnk 29 / 218
Flag Rnk 671 / 1214
2022
ECONOMIC COMPLEXITY of Romania
1.03Rnk 26 / 133

About

Exports In 2022, Romania exported $1.72M in Tool Sets, making it the 38th largest exporter of Tool Sets in the world. At the same year, Tool Sets was the 787th most exported product in Romania. The main destination of Tool Sets exports from Romania are: Germany ($338k), France ($266k), Bulgaria ($191k), Switzerland ($163k), and United States ($151k).

The fastest growing export markets for Tool Sets of Romania between 2021 and 2022 were France ($252k), Germany ($183k), and Switzerland ($159k).

Imports In 2022, Romania imported $12.5M in Tool Sets, becoming the 29th largest importer of Tool Sets in the world. At the same year, Tool Sets was the 671st most imported product in Romania. Romania imports Tool Sets primarily from: China ($5.6M), Germany ($1.26M), Poland ($1.14M), Italy ($897k), and Netherlands ($766k).

The fastest growing import markets in Tool Sets for Romania between 2021 and 2022 were China ($2.51M), Netherlands ($535k), and Italy ($275k).

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 Tool Sets. 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)$1.72M
IMPORTS (2022)$12.5M
NET TRADE (2022)-$10.8M

In 2022, Romania exported $1.72M in Tool Sets. The main destinations of Romania exports on Tool Sets were Germany ($338k), France ($266k), Bulgaria ($191k), Switzerland ($163k), and United States ($151k).

In 2022, Romania imported $12.5M in Tool Sets, mainly from China ($5.6M), Germany ($1.26M), Poland ($1.14M), Italy ($897k), and Netherlands ($766k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Sets EXPORT MARKETS FOR Romania WERE (2021 - 2022):
France$252k (1.8k%)
Germany$183k (118%)
Switzerland$159k (3.87k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Sets BY Romania WERE (2021 - 2022):
Hungary-$73.2k (-48.7%)
Thailand-$70.8k (-37.1%)
Norway-$49.3k (-92.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Romania's main exporting competitors in Tool Sets were:
In 2022, Romania's main importing competitors in Tool Sets were:

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Trade Value of Tool Sets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $172k
TOP IMPORT POTENTIALChina+ $810k

Tool Sets’s highest export potential is Germany. With an export gap of $172k.   Tool Sets’s highest import potential is China with an import gap of $810k.

See methodology.

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