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What are the main imports and exports in Greece?

Author

Christopher Snyder

Updated on February 19, 2026

What are the main imports and exports in Greece?

Greece Exports And Import
RankExports ProductImport Product
1Refined PetroleumCrude Petroleum
2Packaged MedicamentsRefined Petroleum
3Aluminium PlatingPackaged Medicaments
4Non-fillet Fresh FishPassenger and Cargo Ships

Similarly one may ask, what are Greece's main imports?

Greece main imports are crude oil (15 percent of total imports), ships, boats and floating structures (6 percent), petroleum products (6 percent), medicament (5 percent), motor vehicles (2 percent) and natural gas (2 percent).

Furthermore, where does Greece import from? Greece trade balance, exports and imports by country

In 2017, Greece major trading partner countries for exports were Italy, Germany, Turkey, Cyprus and Bulgaria and for imports they were Germany, Italy, Russian Federation, Korea, Rep. and Iraq.

Consequently, what are Greece's main exports?

Greece main exports are petroleum products (29 percent of the total exports), aluminium (5 percent), medicament (4 percent), fruits and nuts, fresh or dried (3 percent), vegetables, prepared or preserved (2 percent) and fish, fresh or frozen (2 percent).

What are their main imports and exports?

  • Machinery (including computers and hardware) – $213.1 billion.
  • Minerals, fuels, and oil – $189.9 billion.
  • Electrical machinery and equipment – $176.1 billion.
  • Aircraft and spacecraft – $139.1 billion.
  • Vehicles and automobiles – $130.6 billion.

What food does Greece import?

Apart from meat and grains, other food categories Greece imported in 2016 included milk, dairy products and eggs (€748 million); fish and seafood (€429 million); fruits and vegetables (€747 million); sugar, sugar products and honey (€231 million); and beverages (€281 million).

Is Greece a 3rd world country?

Greece has already left the European Union in a manner of speaking: it is now part of the Third World.

Which country imports the most from Greece?

Greece's imports 2020 by country

Top trading partners (import sources) of Greece in 2020: Germany with a share of 11.8% (6.6 billion US$) Italy with a share of 8.28% (4.6 billion US$) China with a share of 7.69% (4.27 billion US$)

Where does Greece import oil from?

Greece Crude Oil: Imports was reported at 460.708 Barrel/Day th in Dec 2019.

Buy Selected Data.

country/regionLast
Imports: European Union: Germany (EUR)6,152,558,739.000 2019
Imports: Non European Union: Russia (EUR)4,081,471,259.000 2019

How important is Greek trade?

Trade was very important in ancient Greece. The Greeks even built cities in other parts of the world so they could trade goods. Goods could be made in one part of the Mediterranean and sold in another. The Greeks spread their culture to other peoples by selling wine, olives and pottery.

What does the UK export to Greece?

In the year to June 2019, the top goods exported from the UK to Greece were medicinal and pharmaceutical products, clothing, cars, beverages and telecoms and sound equipment (ONS, 2019).

Does Greece import or export more?

Greece ranks as the 63rd largest exporting country in the world and according to the Economic Complexity Index (ECI), the country ranks the 54thmost complex economy in the world. Greece is the 48th world's largest importer with her annual imports at $60.8B in 2014.

Does Greece have any trade barriers?

Non-tariff barriers

Greece, which is a World Trade Organization (WTO) member, has both European Union (EU) mandated and Greek government-initiated trade barriers. EU regulations, directives and legislation apply. Import licences are required for some products, including a number that have restricted licensing.

Is Greece a poor or rich country?

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RankCountryGDP-PPP ($)
54Greece30,252
55Russia29,642
56Antigua and Barbuda29,346
57Kazakhstan28,849

What is Greece main source of income?

Greece's main industries are tourism, shipping, industrial products, food and tobacco processing, textiles, chemicals, metal products, mining and petroleum. Greece's GDP growth has also, as an average, since the early 1990s been higher than the EU average.

How did Greece become so poor?

The Greek debt crisis originated from heavy government spending and problems escalated over the years due to slowdown in global economic growth. 1, 1981, the country's economy and finances were in good shape, with a debt-to-GDP ratio of 28% and a budget deficit below 3% of GDP.

Why is Greece economy so bad?

Austerity measures created a humanitarian crisis, homelessness increased, suicides hit record highs, and public health significantly deteriorated. The measures, applied amidst the worst financial crisis since the Great Depression, proved to be one of the largest factors attributing to Greece's economic implosion.

What products are made in Greece?

The Most Popular Greek Products
  • Olive Oil.
  • Feta Cheese.
  • Greek Yoghurt.
  • Greek Honey.
  • Mastic Raisin.
  • Krokos Kozanis/Greek red saffron.

What does US import from Greece?

The top three U.S. imports from Greece, also by value, were Petroleum products, (2) Misc. vegetables, not frozen, and (3) Razors, razor blades. By tonnage, the top three U.S. exports were (1) LNG, other petroleum gases, (2) Petroleum products, and (3) Soybeans.

How is the Greek economy doing?

Greece Economic Growth

FocusEconomics panelists see GDP growing 5.1% in 2021, which is down 0.1 percentage points from last month's projection. In 2022 the panel sees the economy expanding 4.0%.

Has the Greek economy recovered?

Like the rest of the world, the Greek economy has entered into another deep economic recession in 2020. While the economy appeared to be on a modest recovery from its 'great depression' of 2010-2016, it was hit by a new major international economic shock due to the Covid-19 pandemic.

Who does Greece trade with?

In 2018, Greece major trading partner countries for exports were Italy, Germany, Turkey, Cyprus and Lebanon and for imports they were Germany, Iraq, Italy, Russian Federation and China.

Does Switzerland import or export more?

Switzerland is currently our 16th largest goods trading partner with $62.5 billion in total (two way) goods trade during 2019. Goods exports totaled $17.9 billion; goods imports totaled $44.6 billion. The U.S. goods trade deficit with Switzerland was $26.7 billion in 2019.

What does Greece Export Germany?

Exports: The top exports of Greece are Refined Petroleum ($10.1B), Packaged Medicaments ($2.28B), Aluminium Plating ($690M), Computers ($594M), and Raw Cotton ($589M), exporting mostly to Italy ($3.67B), Germany ($2.46B), Turkey ($2.02B), Cyprus ($1.96B), and Bulgaria ($1.68B).

What is America's number 1 export?

Processed petroleum oils

Is it better for a country to export or import?

If you import more than you export, more money is leaving the country than is coming in through export sales. On the other hand, the more a country exports, the more domestic economic activity is occurring. More exports means more production, jobs and revenue.

Which country imports the most?

In 2019, the U.S. were the leading import country in the world with an import value of about 2.57 trillion US dollars. Import and export are generally important pillars of a country's economy. The trade balance of a country shows the relationship between the values of a country's imports and exports.

What is China's #1 import?

Searchable List of China's Most Valuable Import Products
RankChina's Import Product2020 Value (US$)
1Integrated circuits/microassemblies$350,845,066,000
2Crude oil$176,321,269,000
3Iron ores, concentrates$118,944,291,000
4Cars$44,923,331,000

What is China's biggest export?

Searchable List of China's Most Valuable Export Products
RankChina's Export Product2020 Value (US$)
1Phone system devices including smartphones$223,217,114,000
2Computers, optical readers$170,176,156,000
3Integrated circuits/microassemblies$117,099,589,000
4Miscellaneous articles, dress patterns$55,225,956,000

What is difference between import and export?

Exports refers to selling goods and services produced in the home country to other markets. Imports are derived from the conceptual meaning, as to bringing in the goods and services into the port of a country. An import in the receiving country is an export to the sending country.

Where does US export to?

Year-to-Date Total Trade
RankCountryExports
1Mexico64.0
2Canada71.5
3China34.8
4Japan17.6

How can we reduce import costs?

Reducing Customs Import Duties for Your Business
  1. Differences Between Countries. Each country an order is made from creates a new tariff.
  2. Responsibility Of The Supply Chain.
  3. Checking Information.
  4. Value Of Products And Goods.
  5. Researching Regulated Products.
  6. Using Tariff Codes.
  7. Total Landed Cost.