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
$1.41TCURRENT US$
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2012-2022
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GDP GROWTH
17.7%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
$11,091CURRENT US$
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2012-2022
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GDP PC GROWTH
6.89%CURRENT US$
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About

Greece-Mexico Trade: In 2022, Greece exported $143M to Mexico. The main products that Greece exported to Mexico were Utility Meters ($42.1M), Low-voltage Protection Equipment ($24.8M), and Jams ($13.1M). Over the past 5 years the exports of Greece to Mexico have increased at an annualized rate of 4.14%, from $116M in 2017 to $143M in 2022.

In 2020, Greece exported services to Mexico worth $147M, with Transportation ($144M), Travel ($2.51M), and Other business services ($457k) being the largest in terms of value.

Mexico-Greece Trade: In 2022, Mexico exported $105M to Greece. The main products that Mexico exported to Greece were Scrap Aluminium ($42.3M), Animal Meal and Pellets ($9.41M), and Video and Card Games ($7.52M). Over the past 5 years the exports of Mexico to Greece have increased at an annualized rate of 22.3%,  from $38.4M in 2017 to $105M in 2022.

In 2022, Mexico did not export any services to Greece.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $143M to Mexico. The main products exported from Greece to Mexico were Utility Meters ($42.1M), Low-voltage Protection Equipment ($24.8M), and Jams ($13.1M). During the last 5 years the exports of Greece to Mexico have increased at an annualized rate of 4.14%, from $116M in 2017 to $143M in 2022.

In 2017, Mexico exported $105M to Greece. The main products exported from Mexico to Greece were Scrap Aluminium ($42.3M), Animal Meal and Pellets ($9.41M), and Video and Card Games ($7.52M). During the last 5 years the exports of Mexico to Greece have increased at an annualized rate of 22.3%, from $38.4M in 2022 to $105M in 2017.

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

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

Latest Data

Trade between Greece (Flag) and Mexico (Flag)

Greece Exports

Mexico Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Mexico
Top Destination
United States$421B

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

In 2022, countries that imported more from Greece than Mexico included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2022, countries that imported more from Mexico than Greece included United States ($421B), Canada ($22.2B), and China ($12.7B).

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

Comparative Advantage Greece - Mexico

Flow
Scale

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

During 2022, Greece had a large net trade with Mexico in the exports of Instruments ($42.6M), Machines ($35.9M), and Foodstuffs ($23.2M).

During 2017, Mexico had a large net trade with Greece in the exports of Metals ($46.2M), Foodstuffs ($24M), and Machines ($11.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Mexico+$7.36MLow-voltage Protection Equipment
Top Product Potential Mexico Greece+$12.9MComputers

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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Economic Complexity

Competitive Landscape

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

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

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