Greece (GRC) and Israel (ISR) Trade | The Observatory of Economic Complexity

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Greece-Israel In 2022, Greece exported $939M to Israel. The main products that Greece exported to Israel are Refined Petroleum ($321M), Insulated Wire ($81.4M), and Hot-Rolled Iron Bars ($46.1M). During the last 27 years the exports of Greece to Israel have increased at an annualized rate of 6.87%, from $156M in 1995 to $939M in 2022.

In 2009, Greece exported services to Israel worth $154M, with Transportation ($146M), Communications services ($3.37M), and Government services, n.i.e. ($2.32M) being the largest in terms of value.

Israel-Greece In 2022, Israel exported $573M to Greece. The main products that Israel exported to Greece were Refined Petroleum ($340M), Scrap Copper ($21.1M), and Scrap Iron ($18.6M). During the last 27 years the exports of Israel to Greece have increased at an annualized rate of 4.92%, from $157M in 1995 to $573M in 2022.

In 2012, Israel exported services to Greece worth $0, with being the largest in terms of value.

Comparison In 2022, Greece ranked 47 in the Economic Complexity Index (ECI 0.32), and 57 in total exports ($55.7B). That same year, Israel ranked 19 in the Economic Complexity Index (ECI 1.17), and 49 in total exports ($76.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $939M to Israel. The main products exported from Greece to Israel were Refined Petroleum ($321M), Insulated Wire ($81.4M), and Hot-Rolled Iron Bars ($46.1M). During the last 27 years the exports of Greece to Israel have increased at an annualized rate of 6.87%, from $156M in 1995 to $939M in 2022.

In 2022, Israel exported $573M to Greece. The main products exported from Israel to Greece were Refined Petroleum ($340M), Scrap Copper ($21.1M), and Scrap Iron ($18.6M). During the last 27 years the exports of Israel to Greece have increased at an annualized rate of 4.92%, from $157M in 1995 to $573M in 2022.

Exports from Greece () to Israel () (2022)

Exports from Israel () to Greece () (2022)

Latest Data

Trade between Greece () and Israel ()

Greece Exports

Date

Israel Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Israel
Top DestinationUnited States$20.3B

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

In 2021, countries that imported more from Greece than Israel were Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2021, countries that imported more from Israel than Greece were United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

Difference in imports from Israel () and Greece () (2022)

Comparative Advantage Greece - Israel

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Israel in the exports of Mineral Products ($371M), Metals ($194M), and Machines ($131M).

During 2022, Israel had a large net trade with Greece in the exports of Mineral Products ($344M), Metals ($54.7M), and Chemical Products ($44.6M).

Service Trade

Bilateral Service Trade

Isr Year

Grc Year

In 2009, Greece exported services to Israel worth $154M, with Transportation ($146M), Communications services ($3.37M), and Government services, n.i.e. ($2.32M) being the largest in terms of value.

In 2012, Israel exported services to Greece worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Greece () to Israel () (2009)

Services Exports from Israel () to Greece () (2012)

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Israel () (2022)

Exports from Israel () to Greece () (2022)

Latest Data

Trade between Greece () and Israel ()

Greece Exports

Israel Exports

Market Competitiveness

Difference in imports from Israel () and Greece () (2022)

Comparative Advantage Greece - Israel

Service Trade

Bilateral Service Trade

Services Exports from Greece () to Israel () (2009)

Services Exports from Israel () to Greece () (2012)

Economic Complexity

Competitive Landscape

Product Space of Greece () and Israel () (2022)

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