2023
Exports
$168MWorld Rnk 22 / 123
Flag Rnk 52 / 1205
2023
PRODUCT COMPLEXITY IN Hot-Rolled Iron Bars
-0.48Rnk 693 / 1025
2023
Imports
$26.4MWorld Rnk 77 / 213
Flag Rnk 398 / 1211
2023
ECONOMIC COMPLEXITY of Greece
0.4Rnk 46 / 132

About

Exports In 2023, Greece exported $168M in Hot-Rolled Iron Bars, making it the 22nd largest exporter of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 52nd most exported product in Greece. The main destination of Hot-Rolled Iron Bars exports from Greece are: Bulgaria ($53.7M), Romania ($47.7M), Belgium ($16.3M), North Macedonia ($13.1M), and Germany ($6.35M).

The fastest growing export markets for Hot-Rolled Iron Bars of Greece between 2022 and 2023 were Canada ($5.77M), Germany ($5.1M), and United States ($4.04M).

Imports In 2023, Greece imported $26.4M in Hot-Rolled Iron Bars, becoming the 77th largest importer of Hot-Rolled Iron Bars in the world. At the same year, Hot-Rolled Iron Bars was the 398th most imported product in Greece. Greece imports Hot-Rolled Iron Bars primarily from: Algeria ($13.8M), Turkey ($3.63M), Italy ($2.51M), Egypt ($1.81M), and Bulgaria ($1.76M).

The fastest growing import markets in Hot-Rolled Iron Bars for Greece between 2022 and 2023 were Algeria ($5.51M), Italy ($1.95M), and Egypt ($1.06M).

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 Hot-Rolled Iron Bars. 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)$168M
IMPORTS (2023)$26.4M
NET TRADE (2023)$142M

In 2023, Greece exported $168M in Hot-Rolled Iron Bars. The main destinations of Greece exports on Hot-Rolled Iron Bars were Bulgaria ($53.7M), Romania ($47.7M), Belgium ($16.3M), North Macedonia ($13.1M), and Germany ($6.35M).

In 2023, Greece imported $26.4M in Hot-Rolled Iron Bars, mainly from Algeria ($13.8M), Turkey ($3.63M), Italy ($2.51M), Egypt ($1.81M), and Bulgaria ($1.76M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron Bars EXPORT MARKETS FOR Greece WERE (2022 - 2023):
Canada$5.77M (1%)
Germany$5.1M (406%)
United States$4.04M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron Bars BY Greece WERE (2022 - 2023):
Romania-$50.4M (-51.4%)
Israel-$32.7M (-86.4%)
Bulgaria-$24.9M (-31.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greece's main exporting competitors in Hot-Rolled Iron Bars were:
China $2.23B
Germany $1.17B
Italy $808M
In 2023, Greece's main importing competitors in Hot-Rolled Iron Bars were:

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Trade Value of Hot-Rolled Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $5.45M
TOP IMPORT POTENTIALTurkey+ $2.78M

Hot-Rolled Iron Bars’s highest export potential is Italy. With an export gap of $5.45M.   Hot-Rolled Iron Bars’s highest import potential is Turkey with an import gap of $2.78M.

See methodology.

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