ELECTRICAL MACHINERY AND EQUIPMENT TRADE PATTERNS IN ROMANIA
Nițoi Mihai
Abstract
Nițoi Mihai
Abstract
This article analyses electrical machinery and equipment trade in Romania.Therefore, we have studied electrical machinery and equipment patterns for exports, importsand balance of trade over the period 2004 to 2014. In order to have complete picture, wehave also emphasized the most important products within this group. We should underlinethat electrical machinery and equipment has the highest share in Romania’s exports andimports. However, this group has also a significant contribution to negative trade balance.The main export market for electrical machinery and equipment manufactured in Romania isGermany, with a share of 38.82% in 2014.
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This article analyses electrical machinery and equipment trade in Romania.Therefore, we have studied electrical machinery and equipment patterns for exports, importsand balance of trade over the period 2004 to 2014. In order to have complete picture, wehave also emphasized the most important products within this group. We should underlinethat electrical machinery and equipment has the highest share in Romania’s exports andimports. However, this group has also a significant contribution to negative trade balance.The main export market for electrical machinery and equipment manufactured in Romania isGermany, with a share of 38.82% in 2014.
Key concepts: Electrical machinery, Balance (ability), Electrical equipment, Business, Order (exchange), Balance of trade, Electronic equipment, International trade