Flag Germany / Greece Flag

2020
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Exports
: $6.68B, Rnk 36 / 220

2020
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Top Product
: $652M, Oxygen Heterocyclic Compounds

2020
FlagFlag
Exports
: $2.62B, Rnk 2 / 213

2020
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Top Product
: $280M, Packaged Medicaments

2020
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Economic Complexity (ECI)
: ECI 1.88, Rnk 4 / 127

2020
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Economic Complexity (ECI)
: ECI 0.26, Rnk 49 / 127

2020
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GDP
: $3.85T, CURRENT US$
Rnk 4 / 204

2010-2020
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GDP GROWTH
: 13.1%, CURRENT US$
Rnk 136 / 204

2020
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 GDP
: $189B, CURRENT US$
Rnk 51 / 204

2010-2020
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GDP GROWTH
: -36.4%, CURRENT US$
Rnk 200 / 204

2020
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GDP PC 
: $46,253, CURRENT US$
Rnk 20 / 204

2010-2020
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GDP PC GROWTH
: 11.3%, CURRENT US$
Rnk 110 / 204

2020
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GDP PC
: $17,647, CURRENT US$
Rnk 58 / 204

2010-2020
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GDP PC GROWTH
: -33.9%, CURRENT US$
Rnk 193 / 204

Germany-Greece In 2020, Germany exported $6.68B to Greece. The main products that Germany exported to Greece are Oxygen Heterocyclic Compounds ($652M), Packaged Medicaments ($643M), and Vaccines, blood, antisera, toxins and cultures ($274M). During the last 25 years the exports of Germany to Greece have increased at an annualized rate of 2.36%, from $3.73B in 1995 to $6.68B in 2020.

In 2020, Germany exported services to Greece worth $502M, with Transportation ($162M), Other business services ($153M), and Communications services ($75.4M) being the largest in terms of value.

Greece-Germany In 2020, Greece exported $2.62B to Germany. The main products that Greece exported to Germany were Packaged Medicaments ($280M), Cheese ($192M), and Aluminium Bars ($98.4M). During the last 25 years the exports of Greece to Germany have increased at an annualized rate of 0.32%, from $2.41B in 1995 to $2.62B in 2020.

In 2020, Greece exported services to Germany worth $2.06B, with Travel ($1.3B), Transportation ($337M), and Other business services ($161M) being the largest in terms of value.

Comparison In 2020,  Germany ranked 4 in the Economic Complexity Index (ECI 1.88), and 3 in total exports ($1.33T). That same year, Greece ranked 49 in the Economic Complexity Index (ECI 0.26), and 56 in total exports ($35.8B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Germany exported $6.68B to Greece. The main products exported from Germany to Greece were Oxygen Heterocyclic Compounds ($652M), Packaged Medicaments ($643M), and Vaccines, blood, antisera, toxins and cultures ($274M). During the last 25 years the exports of Germany to Greece have increased at an annualized rate of 2.36%, from $3.73B in 1995 to $6.68B in 2020.

In 2020, Greece exported $2.62B to Germany. The main products exported from Greece to Germany were Packaged Medicaments ($280M), Cheese ($192M), and Aluminium Bars ($98.4M). During the last 25 years the exports of Greece to Germany have increased at an annualized rate of 0.32%, from $2.41B in 1995 to $2.62B in 2020.

Market Competitiveness

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Measure

Germany
Top Destination
: United States, $116B

Greece
Top Destination
: Italy, $3.39B

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

In 2019, countries that imported more from Germany than Greece were United States ($116B), China ($106B), and France ($101B).

In 2019, countries that imported more from Greece than Germany were Cyprus ($2B), Gibraltar ($496M), and Libya ($719M).

Comparative Advantage Germany - Greece

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Flow
Scale

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

During 2020, Germany had a large net trade with Greece in the exports of Chemical Products ($2.28B), Machines ($1.22B), and Transportation ($805M).

During 2020, Greece had a large net trade with Germany in the exports of Foodstuffs ($443M), Chemical Products ($387M), and Metals ($379M).

Bilateral Service Trade

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In 2020, Germany exported services to Greece worth $502M, with Transportation ($162M), Other business services ($153M), and Communications services ($75.4M) being the largest in terms of value.

In 2020, Greece exported services to Germany worth $2.06B, with Travel ($1.3B), Transportation ($337M), and Other business services ($161M) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Greece. Similarly, the more yellow a dot/product is, the more Greece has comparative advantage over Germany.