Trade Trend

In 2023, Greece's total export value is 55.08Billion USD, total import value is 89.48Billion USD, Deficit is -34.40Billion USD, and foreign trade dependency is 0.607. In 2023，Greece's top export products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(14.60Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(2.88Billion USD), Petroleum gases and other gaseous hydrocarbons(1.61Billion USD), top export destinations are Italy(6.36Billion USD), Bulgaria(3.83Billion USD), Germany(3.69Billion USD). In 2023, Greece's top import products are Petroleum oils and oils obtained from bituminous minerals; crude(13.84Billion USD), Petroleum gases and other gaseous hydrocarbons(4.77Billion USD), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(4.45Billion USD), top import origins are Germany(9.36Billion USD), China(7.47Billion USD), Italy(7.33Billion USD).

Comparing to 2022, Greece's total export value decreased -3.45Billion USD(-5.89%) in 2023, this could result from its export decreases of products such as Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-2.58Billion USD or -15.01%), Petroleum gases and other gaseous hydrocarbons(-1.00Billion USD or -38.45%), Electrical energy(-762.34Million USD or -50.12%) and export decreases to countries/economics such as Bulgaria(-904.89Million USD or -19.13%), Turkey(-658.24Million USD or -25.34%), Italy(-422.51Million USD or -6.23%). Comparing to 2022, Greece's total import value decreased -9.81Billion USD(-9.88%) in 2023, this could result from its import decreases of products such as Petroleum gases and other gaseous hydrocarbons(-5.53Billion USD or -53.67%), Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(-2.32Billion USD or -34.30%), Petroleum oils and oils obtained from bituminous minerals; crude(-1.83Billion USD or -11.68%), and its import decreases from countries/economies such as Russia(-7.08Billion USD or -72.84%), United States(-1.94Billion USD or -55.02%), Iraq(-1.47Billion USD or -20.54%).

Cumulated to first 7 months of 2024, Greece's total export value is 18.96Billion USD, total import value is 32.39Billion USD, and tradedeficit is -13.43Billion USD. Cumulated to first 7 months of 2024, Greece's top export products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(5.21Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(1.07Billion USD), Aluminium; plates, sheets and strip, thickness exceeding 0.2mm(455.73Million USD), and top export destinations are Italy(1.95Billion USD), Germany(1.30Billion USD), Cyprus(1.15Billion USD). Cumulated to first 7 months of 2024, Greece's top import products are Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c, containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils(5.21Billion USD), Medicaments; (not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therapeutic or prophylactic use, put up in measured doses (incl. those in the form of transdermal admin. systems) or packed for retail sale(1.07Billion USD), Aluminium; plates, sheets and strip, thickness exceeding 0.2mm(455.73Million USD), and top import origins areChina(3.53Billion USD), Germany(3.33Billion USD), Italy(2.71Billion USD).