2022
Exports
$1.93MWorld Rnk 52 / 182
Flag Rnk 639 / 1199
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$9.07MWorld Rnk 57 / 216
Flag Rnk 618 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $1.93M in Electromagnets, making it the 52nd largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 639th most exported product in Greece. The main destination of Electromagnets exports from Greece are: Italy ($659k), Hungary ($262k), Spain ($173k), Germany ($166k), and Kazakhstan ($80.4k).

The fastest growing export markets for Electromagnets of Greece between 2021 and 2022 were Italy ($443k), Spain ($157k), and Germany ($146k).

Imports In 2022, Greece imported $9.07M in Electromagnets, becoming the 57th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 618th most imported product in Greece. Greece imports Electromagnets primarily from: China ($3.69M), Germany ($1.66M), Italy ($1.36M), Netherlands ($508k), and Austria ($259k).

The fastest growing import markets in Electromagnets for Greece between 2021 and 2022 were China ($2.2M), Germany ($357k), and Austria ($169k).

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 Electromagnets. 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)$1.93M
IMPORTS (2022)$9.07M
NET TRADE (2022)-$7.15M

In 2022, Greece exported $1.93M in Electromagnets. The main destinations of Greece exports on Electromagnets were Italy ($659k), Hungary ($262k), Spain ($173k), Germany ($166k), and Kazakhstan ($80.4k).

In 2022, Greece imported $9.07M in Electromagnets, mainly from China ($3.69M), Germany ($1.66M), Italy ($1.36M), Netherlands ($508k), and Austria ($259k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Italy$443k (206%)
Spain$157k (977%)
Germany$146k (736%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Greece WERE (2021 - 2022):
Singapore-$104k (-83.3%)
South Korea-$29.4k (-92.6%)
Kuwait-$16.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Greece's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $254k
TOP IMPORT POTENTIALChina+ $2.11M

Electromagnets’s highest export potential is Germany. With an export gap of $254k.   Electromagnets’s highest import potential is China with an import gap of $2.11M.

See methodology.

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