2022
Exports
$2.21MWorld Rnk 55 / 159
Flag Rnk 616 / 1199
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$12.7MWorld Rnk 59 / 209
Flag Rnk 545 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $2.21M in Electric Furnaces, making it the 55th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 616th most exported product in Greece. The main destination of Electric Furnaces exports from Greece are: Bosnia and Herzegovina ($654k), Bulgaria ($423k), Serbia ($420k), Israel ($152k), and United States ($116k).

The fastest growing export markets for Electric Furnaces of Greece between 2021 and 2022 were Bosnia and Herzegovina ($654k), Bulgaria ($389k), and Serbia ($278k).

Imports In 2022, Greece imported $12.7M in Electric Furnaces, becoming the 59th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 545th most imported product in Greece. Greece imports Electric Furnaces primarily from: Italy ($4.38M), Germany ($2.11M), China ($1.61M), Serbia ($734k), and Poland ($584k).

The fastest growing import markets in Electric Furnaces for Greece between 2021 and 2022 were China ($937k), Serbia ($734k), and Italy ($649k).

Latest Trends

Nov 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 Electric Furnaces. 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)$2.21M
IMPORTS (2022)$12.7M
NET TRADE (2022)-$10.4M

In 2022, Greece exported $2.21M in Electric Furnaces. The main destinations of Greece exports on Electric Furnaces were Bosnia and Herzegovina ($654k), Bulgaria ($423k), Serbia ($420k), Israel ($152k), and United States ($116k).

In 2022, Greece imported $12.7M in Electric Furnaces, mainly from Italy ($4.38M), Germany ($2.11M), China ($1.61M), Serbia ($734k), and Poland ($584k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Bulgaria$389k (1.12k%)
Serbia$278k (195%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Greece WERE (2021 - 2022):
Romania-$218k (-91.8%)
Netherlands-$79.4k (-55.1%)
China-$39.9k (-60%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Greece's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $206k
TOP IMPORT POTENTIALChina+ $937k

Electric Furnaces’s highest export potential is United States. With an export gap of $206k.   Electric Furnaces’s highest import potential is China with an import gap of $937k.

See methodology.

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