2023
Exports
$1.33MWorld Rnk 55 / 187
Flag Rnk 714 / 1205
2023
PRODUCT COMPLEXITY IN Electromagnets
1.1Rnk 144 / 1025
2023
Imports
$8.14MWorld Rnk 60 / 216
Flag Rnk 632 / 1211
2023
ECONOMIC COMPLEXITY of Greece
0.4Rnk 46 / 132

About

Exports In 2023, Greece exported $1.33M in Electromagnets, making it the 55th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 714th most exported product in Greece. The main destination of Electromagnets exports from Greece are: Hungary ($530k), Italy ($163k), Cyprus ($116k), Germany ($93.5k), and France ($42.2k).

The fastest growing export markets for Electromagnets of Greece between 2022 and 2023 were Hungary ($506k), Albania ($38.3k), and Cyprus ($30.3k).

Imports In 2023, Greece imported $8.14M in Electromagnets, becoming the 60th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 632nd most imported product in Greece. Greece imports Electromagnets primarily from: China ($3.83M), Germany ($1.06M), Italy ($728k), Turkey ($410k), and Czechia ($380k).

The fastest growing import markets in Electromagnets for Greece between 2022 and 2023 were Czechia ($335k), United States ($171k), and Turkey ($124k).

Latest Trends

Dec 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 Electromagnets. 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 (2023)$1.33M
IMPORTS (2023)$8.14M
NET TRADE (2023)-$6.81M

In 2023, Greece exported $1.33M in Electromagnets. The main destinations of Greece exports on Electromagnets were Hungary ($530k), Italy ($163k), Cyprus ($116k), Germany ($93.5k), and France ($42.2k).

In 2023, Greece imported $8.14M in Electromagnets, mainly from China ($3.83M), Germany ($1.06M), Italy ($728k), Turkey ($410k), and Czechia ($380k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Greece WERE (2022 - 2023):
Hungary$506k (2.16k%)
Albania$38.3k (1.82k%)
Cyprus$30.3k (35.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Greece WERE (2022 - 2023):
Italy-$535k (-76.7%)
Germany-$72.9k (-43.8%)
Spain-$72.5k (-81.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greece's main exporting competitors in Electromagnets were:
China $5.34B
Germany $1.17B
Japan $974M
In 2023, Greece's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $254k
TOP IMPORT POTENTIALChina+ $2.11M

Electromagnets’s highest export potential is Germany. With an export gap of $254k.   Electromagnets’s highest import potential is China with an import gap of $2.11M.

See methodology.

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