2022
Exports
$505MWorld Rnk 47 / 222
Flag Rnk 16 / 1199
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$348MWorld Rnk 56 / 225
Flag Rnk 37 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $505M in Insulated Wire, making it the 47th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 16th most exported product in Greece. The main destination of Insulated Wire exports from Greece are: United Kingdom ($130M), Israel ($81.4M), Germany ($70.4M), Russia ($32.6M), and Italy ($18.9M).

The fastest growing export markets for Insulated Wire of Greece between 2021 and 2022 were Russia ($32.1M), United States ($11.1M), and Croatia ($7.81M).

Imports In 2022, Greece imported $348M in Insulated Wire, becoming the 56th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 37th most imported product in Greece. Greece imports Insulated Wire primarily from: Turkey ($50.4M), Romania ($49.8M), Italy ($43.9M), China ($38.1M), and Norway ($32.5M).

The fastest growing import markets in Insulated Wire for Greece between 2021 and 2022 were Sweden ($28.2M), India ($6.59M), and Germany ($5.13M).

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 Insulated Wire. 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)$505M
IMPORTS (2022)$348M
NET TRADE (2022)$157M

In 2022, Greece exported $505M in Insulated Wire. The main destinations of Greece exports on Insulated Wire were United Kingdom ($130M), Israel ($81.4M), Germany ($70.4M), Russia ($32.6M), and Italy ($18.9M).

In 2022, Greece imported $348M in Insulated Wire, mainly from Turkey ($50.4M), Romania ($49.8M), Italy ($43.9M), China ($38.1M), and Norway ($32.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Russia$32.1M (6.4k%)
United States$11.1M (560%)
Croatia$7.81M (1.57k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Greece WERE (2021 - 2022):
Netherlands-$34.4M (-75.8%)
United Kingdom-$17M (-11.5%)
Poland-$12.1M (-42.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Insulated Wire were:
In 2022, Greece's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $36.6M
TOP IMPORT POTENTIALChina+ $27.7M

Insulated Wire’s highest export potential is Germany. With an export gap of $36.6M.   Insulated Wire’s highest import potential is China with an import gap of $27.7M.

See methodology.

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