2022
Exports
$83.6MWorld Rnk 49 / 221
Flag Rnk 107 / 1199
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$102MWorld Rnk 67 / 224
Flag Rnk 153 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $83.6M in Excavation Machinery, making it the 49th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 107th most exported product in Greece. The main destination of Excavation Machinery exports from Greece are: Serbia ($6.99M), United Kingdom ($6.45M), Germany ($5.31M), Czechia ($4.92M), and Cyprus ($4.4M).

The fastest growing export markets for Excavation Machinery of Greece between 2021 and 2022 were Kuwait ($2.63M), United Kingdom ($1.98M), and Hungary ($1.95M).

Imports In 2022, Greece imported $102M in Excavation Machinery, becoming the 67th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 153rd most imported product in Greece. Greece imports Excavation Machinery primarily from: Italy ($21.5M), China ($11.7M), Germany ($11.3M), Spain ($8.97M), and Belgium ($7.53M).

The fastest growing import markets in Excavation Machinery for Greece between 2021 and 2022 were United Kingdom ($2.06M), United States ($1.79M), and Turkey ($1.71M).

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 Excavation Machinery. 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)$83.6M
IMPORTS (2022)$102M
NET TRADE (2022)-$18.2M

In 2022, Greece exported $83.6M in Excavation Machinery. The main destinations of Greece exports on Excavation Machinery were Serbia ($6.99M), United Kingdom ($6.45M), Germany ($5.31M), Czechia ($4.92M), and Cyprus ($4.4M).

In 2022, Greece imported $102M in Excavation Machinery, mainly from Italy ($21.5M), China ($11.7M), Germany ($11.3M), Spain ($8.97M), and Belgium ($7.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Kuwait$2.63M (632%)
United Kingdom$1.98M (44.2%)
Hungary$1.95M (117%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Greece WERE (2021 - 2022):
Italy-$4.73M (-64%)
Singapore-$1.46M (-90.5%)
Saudi Arabia-$1.28M (-67.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Excavation Machinery were:
In 2022, Greece's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $6.29M
TOP IMPORT POTENTIALChina+ $11.8M

Excavation Machinery’s highest export potential is Germany. With an export gap of $6.29M.   Excavation Machinery’s highest import potential is China with an import gap of $11.8M.

See methodology.

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