2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Greece-United States Trade: In 2022, Greece exported $1.32B to United States. The main products that Greece exported to United States were Refined Petroleum ($499M), Other Processed Vegetables ($225M), and Cement ($152M). Over the past 5 years the exports of Greece to United States have increased at an annualized rate of 26%, from $415M in 2017 to $1.32B in 2022.

In 2020, Greece exported services to United States worth $1.06B, with Transportation ($717M), Travel ($98.3M), and Other business services ($90.3M) being the largest in terms of value.

United States-Greece Trade: In 2022, United States exported $860M to Greece. The main products that United States exported to Greece were Petroleum Gas ($1.73B), Scrap Iron ($153M), and Gas Turbines ($133M). Over the past 5 years the exports of United States to Greece have decreased at an annualized rate of 6.65%,  from $1.21B in 2017 to $860M in 2022.

In 2017, United States exported services to Greece worth $1.46B, with Transportation ($620M), Travel ($331M), and Financial services ($172M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $1.32B to United States. The main products exported from Greece to United States were Refined Petroleum ($499M), Other Processed Vegetables ($225M), and Cement ($152M). During the last 5 years the exports of Greece to United States have increased at an annualized rate of 26%, from $415M in 2017 to $1.32B in 2022.

In 2017, United States exported $860M to Greece. The main products exported from United States to Greece were Petroleum Gas ($1.73B), Scrap Iron ($153M), and Gas Turbines ($133M). During the last 22 years the exports of United States to Greece have decreased at an annualized rate of 6.65%, from $1.21B in 1995 to $860M in 2017.

Exports from Greece (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and United States (Flag)

Greece Exports

United States Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
United States
Top Destination
Canada$308B

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

In 2022, countries that imported more from Greece than United States included Cyprus ($2.92B), Bulgaria ($3.62B), and Libya ($1.95B).

In 2022, countries that imported more from United States than Greece included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - United States

Flow
Scale

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

During 2022, Greece had a large net trade with United States in the exports of Mineral Products ($689M), Foodstuffs ($484M), and Metals ($338M).

During 2017, United States had a large net trade with Greece in the exports of Mineral Products ($1.86B), Machines ($314M), and Metals ($303M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece United States+$433MRefined Petroleum
Top Product Potential United States Greece+$30.5MPackaged Medicaments

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 United States. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over United States. Similarly, a dot/product with the flag of United States indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and United States (Flag) (2022)

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