The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Romania totalled $ 7.75 billion in 2023. Sales of commodity group 8708 from Romania went up by 15.4% compared to 2022: exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 1.03 billion (cumulative exports of commodity group 8708 from Romania amounted $6.71 billion in 2022)
Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 7.7% of total exports from Romania (cumulative merchandise exports from Romania totalled $ 100 billion in 2023). The share of commodity group 8708 in total exports from Romania increased by 0.77 p.p. compared to 2022 (it was 6.93% in 2022 and cumulative exports from Romania were equal to $ 96 billion).
Exports of commodity group 8708 amounted to 49% of total sales of group "" from Romania in 2023 (the value of exports of commodity group from Romania amounted to $15.6 billion in 2023). The share of exports of commodity group 8708 in sales of commodity group from Romania increased by 0.899 p.p. compared to 2022 (it was 48% in 2022, and exports of commodity group from Romania were $13.7 billion).
Where does Romania export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?
Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Romania in 2023:
- Germany with a share of 50% (3.88 billion US$)
- Poland with a share of 5.18% (401 million US$)
- Czech Republic with a share of 4.71% (365 million US$)
- France with a share of 4.56% (353 million US$)
- Hungary with a share of 4.53% (351 million US$)
- Slovak Republic with a share of 4.07% (315 million US$)
- Morocco with a share of 3.9% (303 million US$)
- Spain with a share of 3.78% (293 million US$)
- Turkey with a share of 3.04% (236 million US$)
- United Kingdom with a share of 2.83% (219 million US$)
Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from Romania in 2023 represented by the following main commodity groups:
- 29% (2.3 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 14.5% (1.12 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 13.3% (1.03 billion US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 12.2% (946 million US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 6.21% (482 million US$): 870821 - Safety seat belts of the motor vehicles of 87.01-87.05
- 4.04% (313 million US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 3.16% (245 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
- 1.78% (138 million US$): 870891 - Vehicles; parts, radiators
- 1.33% (103 million US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 0.82% (63 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to Romania totalled $ 5.36 billion in 2023. Sales of commodity group 8708 to Romania went up by 14.2% compared to 2022: imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 669 million (the value of imports of commodity group 8708 to Romania was equal to $4.69 billion in 2022)
Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 4.06% of total import flow to Romania (in 2023, total imports to Romania amounted to $ 131 billion). The share of commodity group 8708 in total imports to Romania increased by 0.526 p.p. compared to 2022 (it was 3.53% in 2022 and cumulative imports to Romania were equal to $ 132 billion).
Imports of commodity group 8708 reached 40% of total imports of group "" to Romania in 2023 (imports of commodity group to Romania totalled $13.2 billion in 2023). The share of purchases of commodity group 8708 in imports of commodity group to Romania went down by 1.95 p.p. compared to 2022 (it was 42% in 2022, and imports of commodity group to Romania accounted for $11 billion).
Where does Romania import Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from?
Top trading partners (import of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05") of Romania in 2023:
- Germany with a share of 41% (2.2 billion US$)
- Poland with a share of 7.82% (419 million US$)
- France with a share of 7.68% (412 million US$)
- Italy with a share of 6.18% (331 million US$)
- Turkey with a share of 5.43% (291 million US$)
- Spain with a share of 3.78% (203 million US$)
- Austria with a share of 3.23% (173 million US$)
- Czech Republic with a share of 3.19% (171 million US$)
- Hungary with a share of 3.18% (171 million US$)
- Slovak Republic with a share of 2.81% (151 million US$)
Imports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - to Romania in 2023 represented by the following main commodity groups:
- 36% (1.93 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 14.3% (767 million US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 14% (755 million US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 6.36% (341 million US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 4.94% (265 million US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 3.01% (161 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 2.82% (151 million US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 2.51% (135 million US$): 870893 - Vehicle parts; clutches and parts thereof
- 1.83% (98 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
- 1.11% (59 million US$): 870891 - Vehicles; parts, radiators