Flag Greece / Spain Flag

2021
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Exports
: $2.37B, Rnk 12 / 212

2021
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Top Product
: $333M, Non-fillet Fresh Fish

2021
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Exports
: $3.88B, Rnk 15 / 222

2021
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Top Product
: $236M, Refined Copper

2021
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Economic Complexity (ECI)
: ECI 0.32, Rnk 50 / 131

2021
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Economic Complexity (ECI)
: ECI 0.78, Rnk 35 / 131

2021
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GDP
: $216B, CURRENT US$
Rnk 49 / 182

2011-2021
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GDP GROWTH
: -23.6%, CURRENT US$
Rnk 174 / 182

2021
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 GDP
: $1.43T, CURRENT US$
Rnk 14 / 182

2011-2021
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GDP GROWTH
: -3.74%, CURRENT US$
Rnk 158 / 182

2021
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GDP PC 
: $20,277, CURRENT US$
Rnk 44 / 182

2011-2021
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GDP PC GROWTH
: -20.4%, CURRENT US$
Rnk 163 / 182

2021
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GDP PC
: $30,116, CURRENT US$
Rnk 32 / 182

2011-2021
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GDP PC GROWTH
: -4.93%, CURRENT US$
Rnk 139 / 182

Greece-Spain In 2021, Greece exported $2.37B to Spain. The main products that Greece exported to Spain are Non-fillet Fresh Fish ($333M), Refined Petroleum ($294M), and Computers ($212M). During the last 26 years the exports of Greece to Spain have increased at an annualized rate of 6.86%, from $422M in 1995 to $2.37B in 2021.

In 2020, Greece exported services to Spain worth $406M, with Transportation ($271M), Travel ($51.4M), and Other business services ($45.6M) being the largest in terms of value.

Spain-Greece In 2021, Spain exported $3.88B to Greece. The main products that Spain exported to Greece were Refined Copper ($236M), Refined Petroleum ($218M), and Coal Tar Oil ($205M). During the last 26 years the exports of Spain to Greece have increased at an annualized rate of 5.54%, from $955M in 1995 to $3.88B in 2021.

In 2009, Spain exported services to Greece worth $831M, with Services not allocated ($527M), Travel ($176M), and Transportation ($128M) being the largest in terms of value.

Comparison In 2021,  Greece ranked 50 in the Economic Complexity Index (ECI 0.32), and 44 in total exports ($82B). That same year, Spain ranked 35 in the Economic Complexity Index (ECI 0.78), and 16 in total exports ($372B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Greece exported $2.37B to Spain. The main products exported from Greece to Spain were Non-fillet Fresh Fish ($333M), Refined Petroleum ($294M), and Computers ($212M). During the last 26 years the exports of Greece to Spain have increased at an annualized rate of 6.86%, from $422M in 1995 to $2.37B in 2021.

In 2021, Spain exported $3.88B to Greece. The main products exported from Spain to Greece were Refined Copper ($236M), Refined Petroleum ($218M), and Coal Tar Oil ($205M). During the last 26 years the exports of Spain to Greece have increased at an annualized rate of 5.54%, from $955M in 1995 to $3.88B in 2021.

Greece Exports

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Market Competitiveness

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Color

Greece
Top Destination
: Italy, $6.8B

Spain
Top Destination
: France, $59B

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

In 2021, countries that imported more from Greece than Spain were Cyprus ($4.47B), Bulgaria ($3.48B), and Lebanon ($2.77B).

In 2021, countries that imported more from Spain than Greece were France ($59B), Germany ($38.3B), and Portugal ($30.5B).

Comparative Advantage Greece - Spain

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Flow
Scale

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

During 2021, Greece had a large net trade with Spain in the exports of Animal Products ($425M), Mineral Products ($346M), and Machines ($317M).

During 2021, Spain had a large net trade with Greece in the exports of Chemical Products ($617M), Metals ($472M), and Textiles ($457M).

Bilateral Service Trade

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In 2020, Greece exported services to Spain worth $406M, with Transportation ($271M), Travel ($51.4M), and Other business services ($45.6M) being the largest in terms of value.

In 2009, Spain exported services to Greece worth $831M, with Services not allocated ($527M), Travel ($176M), and Transportation ($128M) 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 Greece has comparative advantage over Spain. Similarly, the more yellow a dot/product is, the more Spain has comparative advantage over Greece.