2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Greece-Germany Trade: In 2022, Greece exported $3.45B to Germany. The main products that Greece exported to Germany were Packaged Medicaments ($382M), Cheese ($236M), and Aluminium Bars ($183M). Over the past 5 years the exports of Greece to Germany have increased at an annualized rate of 9.48%, from $2.19B in 2017 to $3.45B in 2022.

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.

Germany-Greece Trade: In 2022, Germany exported $8.78B to Greece. The main products that Germany exported to Greece were Oxygen Heterocyclic Compounds ($822M), Packaged Medicaments ($742M), and Planes, Helicopters, and/or Spacecraft ($719M). Over the past 5 years the exports of Germany to Greece have increased at an annualized rate of 9.02%,  from $5.7B in 2017 to $8.78B in 2022.

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.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $3.45B to Germany. The main products exported from Greece to Germany were Packaged Medicaments ($382M), Cheese ($236M), and Aluminium Bars ($183M). During the last 5 years the exports of Greece to Germany have increased at an annualized rate of 9.48%, from $2.19B in 2017 to $3.45B in 2022.

In 2017, Germany exported $8.78B to Greece. The main products exported from Germany to Greece were Oxygen Heterocyclic Compounds ($822M), Packaged Medicaments ($742M), and Planes, Helicopters, and/or Spacecraft ($719M). During the last 5 years the exports of Germany to Greece have increased at an annualized rate of 9.02%, from $5.7B in 2022 to $8.78B in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Germany (Flag)

Greece Exports

Germany Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Greece than Germany included Cyprus ($2.92B), Libya ($1.95B), and Gibraltar ($1.27B).

In 2022, countries that imported more from Germany than Greece included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Greece - Germany

Flow
Scale

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

During 2022, Greece had a large net trade with Germany in the exports of Metals ($619M), Chemical Products ($519M), and Foodstuffs ($472M).

During 2017, Germany had a large net trade with Greece in the exports of Chemical Products ($2.65B), Machines ($1.61B), and Transportation ($1.45B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Germany+$194MRefined Petroleum
Top Product Potential Germany Greece+$109MCars

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.

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Bilateral Service Trade

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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