2022
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GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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 GDP
$1.67TCURRENT US$
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2012-2022
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GDP GROWTH
30.3%CURRENT US$
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2022
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GDP PC 
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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2022
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GDP PC
$32,255CURRENT US$
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2012-2022
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GDP PC GROWTH
26.7%CURRENT US$
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About

Greece-South Korea In 2022, Greece exported $811M to South Korea. The main products that Greece exported to South Korea are Refined Petroleum ($627M), Packaged Medicaments ($82.3M), and Centrifuges ($9.36M). During the last 27 years the exports of Greece to South Korea have increased at an annualized rate of 13.2%, from $28.8M in 1995 to $811M in 2022.

In 2020, Greece exported services to South Korea worth $248M, with Transportation ($242M), Travel ($3.08M), and Other business services ($1.48M) being the largest in terms of value.

South Korea-Greece In 2022, South Korea exported $1.24B to Greece. The main products that South Korea exported to Greece were Passenger and Cargo Ships ($772M), Cars ($69.8M), and Ethylene Polymers ($38M). During the last 27 years the exports of South Korea to Greece have increased at an annualized rate of 4.43%, from $384M in 1995 to $1.24B in 2022.

In 2022, South Korea did not export any services to Greece.

Comparison In 2022,  Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B). That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.71), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $811M to South Korea. The main products exported from Greece to South Korea were Refined Petroleum ($627M), Packaged Medicaments ($82.3M), and Centrifuges ($9.36M). During the last 27 years the exports of Greece to South Korea have increased at an annualized rate of 13.2%, from $28.8M in 1995 to $811M in 2022.

In 2022, South Korea exported $1.24B to Greece. The main products exported from South Korea to Greece were Passenger and Cargo Ships ($772M), Cars ($69.8M), and Ethylene Polymers ($38M). During the last 27 years the exports of South Korea to Greece have increased at an annualized rate of 4.43%, from $384M in 1995 to $1.24B in 2022.

Exports from Greece (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and South Korea (Flag)

Greece Exports

South Korea Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
South Korea
Top Destination
China$150B

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

In 2021, countries that imported more from Greece than South Korea were Bulgaria ($3.62B), Cyprus ($2.92B), and North Macedonia ($1.7B).

In 2021, countries that imported more from South Korea than Greece were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - South Korea

Flow
Scale

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

During 2022, Greece had a large net trade with South Korea in the exports of Mineral Products ($632M), Chemical Products ($84.8M), and Machines ($24.6M).

During 2022, South Korea had a large net trade with Greece in the exports of Transportation ($844M), Plastics and Rubbers ($108M), and Machines ($102M).

Service Trade

Bilateral Service Trade

In 2020, Greece exported services to South Korea worth $248M, with Transportation ($242M), Travel ($3.08M), and Other business services ($1.48M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece (Flag) to South Korea (Flag) (2020)

Economic Complexity

Competitive Landscape

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 Greece has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Greece.

Product Space of Greece (Flag) and South Korea (Flag) (2022)

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