2023
Exports
$50.6MWorld Rnk 63 / 223
Flag Rnk 151 / 1205
2023
PRODUCT COMPLEXITY IN Electrical Transformers
0.68Rnk 293 / 1025
2023
Imports
$492MWorld Rnk 46 / 225
Flag Rnk 21 / 1211
2023
ECONOMIC COMPLEXITY of Greece
0.4Rnk 46 / 132

About

Exports In 2023, Greece exported $50.6M in Electrical Transformers, making it the 63rd largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 151st most exported product in Greece. The main destination of Electrical Transformers exports from Greece are: Italy ($8.98M), Cyprus ($8.02M), Bulgaria ($5.37M), Germany ($5.32M), and Turkey ($3.4M).

The fastest growing export markets for Electrical Transformers of Greece between 2022 and 2023 were Italy ($4.09M), Germany ($3.27M), and Poland ($2.02M).

Imports In 2023, Greece imported $492M in Electrical Transformers, becoming the 46th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 21st most imported product in Greece. Greece imports Electrical Transformers primarily from: China ($161M), Germany ($65M), Austria ($45.6M), India ($45.4M), and Italy ($44.1M).

The fastest growing import markets in Electrical Transformers for Greece between 2022 and 2023 were China ($83.6M), Germany ($21.5M), and India ($13.9M).

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 Electrical Transformers. 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)$50.6M
IMPORTS (2023)$492M
NET TRADE (2023)-$442M

In 2023, Greece exported $50.6M in Electrical Transformers. The main destinations of Greece exports on Electrical Transformers were Italy ($8.98M), Cyprus ($8.02M), Bulgaria ($5.37M), Germany ($5.32M), and Turkey ($3.4M).

In 2023, Greece imported $492M in Electrical Transformers, mainly from China ($161M), Germany ($65M), Austria ($45.6M), India ($45.4M), and Italy ($44.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Greece WERE (2022 - 2023):
Italy$4.09M (83.7%)
Germany$3.27M (160%)
Poland$2.02M (1.85k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Greece WERE (2022 - 2023):
United States-$1.43M (-74.4%)
Hungary-$1.23M (-69.8%)
Guinea-$374k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greece's main exporting competitors in Electrical Transformers were:
China $51.9B
Germany $12.8B
Mexico $6.34B
In 2023, Greece's main importing competitors in Electrical Transformers were:

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Trade Value of Electrical Transformers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.17M
TOP IMPORT POTENTIALChina+ $49M

Electrical Transformers’s highest export potential is United States. With an export gap of $4.17M.   Electrical Transformers’s highest import potential is China with an import gap of $49M.

See methodology.

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