2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Canada-Greece Trade: In 2022, Canada exported $140M to Greece. The main products that Canada exported to Greece were Planes, Helicopters, and/or Spacecraft ($25.2M), Dried Legumes ($17.9M), and Soybeans ($12.2M). Over the past 5 years the exports of Canada to Greece have increased at an annualized rate of 6.67%, from $101M in 2017 to $140M in 2022.

In 2020, Canada exported services to Greece worth $262M, with Transportation ($245M), Travel ($8.95M), and Government services, n.i.e. ($3.73M) being the largest in terms of value.

Greece-Canada Trade: In 2022, Greece exported $296M to Canada. The main products that Greece exported to Canada were Refined Petroleum ($26.9M), Other Processed Vegetables ($26.8M), and Other Processed Fruits and Nuts ($18.7M). Over the past 5 years the exports of Greece to Canada have increased at an annualized rate of 9.47%,  from $188M in 2017 to $296M in 2022.

In 2020, Greece exported services to Canada worth $353M, with Transportation ($286M), Travel ($46M), and Other business services ($5.6M) being the largest in terms of value.

Comparison: In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $140M to Greece. The main products exported from Canada to Greece were Planes, Helicopters, and/or Spacecraft ($25.2M), Dried Legumes ($17.9M), and Soybeans ($12.2M). During the last 5 years the exports of Canada to Greece have increased at an annualized rate of 6.67%, from $101M in 2017 to $140M in 2022.

In 2017, Greece exported $296M to Canada. The main products exported from Greece to Canada were Refined Petroleum ($26.9M), Other Processed Vegetables ($26.8M), and Other Processed Fruits and Nuts ($18.7M). During the last 5 years the exports of Greece to Canada have increased at an annualized rate of 9.47%, from $188M in 2022 to $296M in 2017.

Exports from Canada (Flag) to Greece (Flag) (2022)

Exports from Greece (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Greece
Top Destination
Italy$5.82B

This map shows whether countries import more from Canada or Greece. Each country is colored based on the difference in imports they receive from Canada and Greece or the difference in the growth in imports.

In 2022, countries that imported more from Canada than Greece included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Greece than Canada included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

Difference in imports from Greece (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Greece

Flow
Scale

This chart compares trade between Canada and Greece by product, considering products traded by both, Canada and Greece.

During 2022, Canada had a large net trade with Greece in the exports of Vegetable Products ($35M), Transportation ($33.8M), and Machines ($17.9M).

During 2017, Greece had a large net trade with Canada in the exports of Foodstuffs ($76.3M), Mineral Products ($63.6M), and Metals ($33.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Greece+$10.8MPlanes, Helicopters, and/or Spacecraft
Top Product Potential Greece Canada+$51MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Canada exported services to Greece worth $262M, with Transportation ($245M), Travel ($8.95M), and Government services, n.i.e. ($3.73M) being the largest in terms of value.

In 2020, Greece exported services to Canada worth $353M, with Transportation ($286M), Travel ($46M), and Other business services ($5.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Greece (Flag) (2020)

Services Exports from Greece (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Greece. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Greece (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with