2023
Exports
$7.78MWorld Rnk 44 / 160
Flag Rnk 417 / 1205
2023
PRODUCT COMPLEXITY IN Electric Furnaces
1.62Rnk 31 / 1025
2023
Imports
$11.2MWorld Rnk 65 / 206
Flag Rnk 568 / 1211
2023
ECONOMIC COMPLEXITY of Greece
0.4Rnk 46 / 132

About

Exports In 2023, Greece exported $7.78M in Electric Furnaces, making it the 44th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 417th most exported product in Greece. The main destination of Electric Furnaces exports from Greece are: United States ($4.31M), Saudi Arabia ($2.72M), Bulgaria ($113k), North Macedonia ($76.4k), and Romania ($74.2k).

The fastest growing export markets for Electric Furnaces of Greece between 2022 and 2023 were United States ($4.2M), Saudi Arabia ($2.72M), and United Kingdom ($67.7k).

Imports In 2023, Greece imported $11.2M in Electric Furnaces, becoming the 65th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 568th most imported product in Greece. Greece imports Electric Furnaces primarily from: Italy ($3.92M), Germany ($3.44M), France ($539k), Spain ($461k), and Turkey ($419k).

The fastest growing import markets in Electric Furnaces for Greece between 2022 and 2023 were Germany ($772k), France ($470k), and Italy ($413k).

Latest Trends

Jan 2025

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 (2023)$7.78M
IMPORTS (2023)$11.2M
NET TRADE (2023)-$3.46M

In 2023, Greece exported $7.78M in Electric Furnaces. The main destinations of Greece exports on Electric Furnaces were United States ($4.31M), Saudi Arabia ($2.72M), Bulgaria ($113k), North Macedonia ($76.4k), and Romania ($74.2k).

In 2023, Greece imported $11.2M in Electric Furnaces, mainly from Italy ($3.92M), Germany ($3.44M), France ($539k), Spain ($461k), and Turkey ($419k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Greece WERE (2022 - 2023):
United States$4.2M (3.69k%)
Saudi Arabia$2.72M (1%)
United Kingdom$67.7k (2.14k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Greece WERE (2022 - 2023):
Bosnia and Herzegovina-$652k (-99.7%)
Serbia-$368k (-86.4%)
Bulgaria-$310k (-73.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greece's main exporting competitors in Electric Furnaces were:
China $1.28B
Italy $638M
In 2023, 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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