Italy / Greece

Italy-Greece Trade: In 2022, Italy exported $4.51B to Greece. The main products that Italy exported to Greece were Refined Petroleum ($335M), Packaged Medicaments ($318M), and Electricity ($191M). Over the past 5 years the exports of Italy to Greece have increased at an annualized rate of 0.34%, from $4.44B in 2017 to $4.51B in 2022.

In 2020, Italy exported services to Greece worth $449M, with Transportation ($130M), Other business services ($122M), and Travel ($58M) being the largest in terms of value.

Greece-Italy Trade: In 2022, Greece exported $3.2B to Italy. The main products that Greece exported to Italy were Refined Petroleum ($957M), Pure Olive Oil ($525M), and Raw Aluminium ($338M). Over the past 5 years the exports of Greece to Italy have increased at an annualized rate of 15.2%,  from $1.58B in 2017 to $3.2B in 2022.

In 2020, Greece exported services to Italy worth $752M, with Transportation ($329M), Travel ($249M), and Other business services ($82.4M) being the largest in terms of value.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).