2022
Exports
$38.8MWorld Rnk 64 / 223
Flag Rnk 182 / 1199
2022
PRODUCT COMPLEXITY IN Electrical Transformers
0.65Rnk 294 / 1025
2022
Imports
$418MWorld Rnk 44 / 225
Flag Rnk 28 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $38.8M in Electrical Transformers, making it the 64th largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 182nd most exported product in Greece. The main destination of Electrical Transformers exports from Greece are: Cyprus ($7.98M), Italy ($4.95M), Bulgaria ($3.54M), Romania ($2.67M), and Turkey ($2.52M).

The fastest growing export markets for Electrical Transformers of Greece between 2021 and 2022 were Italy ($3.71M), Cyprus ($2.92M), and Albania ($1.54M).

Imports In 2022, Greece imported $418M in Electrical Transformers, becoming the 44th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 28th most imported product in Greece. Greece imports Electrical Transformers primarily from: China ($108M), Austria ($51.5M), Italy ($46.2M), Germany ($41.3M), and India ($30.4M).

The fastest growing import markets in Electrical Transformers for Greece between 2021 and 2022 were China ($36.1M), Austria ($21.2M), and Turkey ($8.06M).

Latest Trends

Jul 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 (2022)$38.8M
IMPORTS (2022)$418M
NET TRADE (2022)-$379M

In 2022, Greece exported $38.8M in Electrical Transformers. The main destinations of Greece exports on Electrical Transformers were Cyprus ($7.98M), Italy ($4.95M), Bulgaria ($3.54M), Romania ($2.67M), and Turkey ($2.52M).

In 2022, Greece imported $418M in Electrical Transformers, mainly from China ($108M), Austria ($51.5M), Italy ($46.2M), Germany ($41.3M), and India ($30.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Italy$3.71M (299%)
Cyprus$2.92M (57.7%)
Albania$1.54M (371%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY Greece WERE (2021 - 2022):
Bulgaria-$1.08M (-23.3%)
Republic of the Congo-$459k (-98.4%)
Luxembourg-$194k (-81%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Electrical Transformers were:
In 2022, 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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