2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186

About

Iran-Greece Trade: In 2022, Iran exported $19M to Greece. The main products that Iran exported to Greece were Styrene Polymers ($7.8M), Float Glass ($3.41M), and Ethylene Polymers ($1.94M). Over the past 5 years the exports of Iran to Greece have decreased at an annualized rate of 57%, from $1.29B in 2017 to $19M in 2022.

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

Greece-Iran Trade: In 2022, Greece exported $22M to Iran. The main products that Greece exported to Iran were Other Processed Fruits and Nuts ($5.76M), Dairy Machinery ($2.73M), and Propylene Polymers ($1.7M). Over the past 5 years the exports of Greece to Iran have decreased at an annualized rate of 12.7%,  from $43.3M in 2017 to $22M in 2022.

In 2003, Greece exported services to Iran worth $1.77M, with Travel ($1.71M), Government services, n.i.e. ($37.9k), and Transportation ($12.6k) being the largest in terms of value.

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Iran exported $19M to Greece. The main products exported from Iran to Greece were Styrene Polymers ($7.8M), Float Glass ($3.41M), and Ethylene Polymers ($1.94M). During the last 5 years the exports of Iran to Greece have decreased at an annualized rate of 57%, from $1.29B in 2017 to $19M in 2022.

In 2017, Greece exported $22M to Iran. The main products exported from Greece to Iran were Other Processed Fruits and Nuts ($5.76M), Dairy Machinery ($2.73M), and Propylene Polymers ($1.7M). During the last 5 years the exports of Greece to Iran have decreased at an annualized rate of 12.7%, from $43.3M in 2022 to $22M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Greece (Flag)

Greece Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Iran than Greece included China ($5.72B), Kuwait ($960M), and Pakistan ($762M).

In 2022, countries that imported more from Greece than Iran included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Iran - Greece

Flow
Scale

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

During 2022, Iran had a large net trade with Greece in the exports of Plastics and Rubbers ($9.78M), Stone And Glass ($4.63M), and Foodstuffs ($2.08M).

During 2017, Greece had a large net trade with Iran in the exports of Foodstuffs ($6.26M), Chemical Products ($4.99M), and Machines ($3.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Greece+$3.87MEthylene Polymers
Top Product Potential Greece Iran+$3.37MPackaged 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 Iran and Greece. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Iran.

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

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