2023
Exports
$604MWorld Rnk 46 / 150
Flag Rnk 11 / 1205
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$13.7BWorld Rnk 19 / 159
Flag Rnk 1 / 1211
2023
ECONOMIC COMPLEXITY of Greece
0.4Rnk 46 / 132

About

Exports In 2023, Greece exported $604M in Crude Petroleum, making it the 46th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 11th most exported product in Greece. The main destination of Crude Petroleum exports from Greece are: India ($502M), Spain ($102M), Ghana ($346k), Italy ($176k), and Netherlands ($10.5k).

The fastest growing export markets for Crude Petroleum of Greece between 2022 and 2023 were India ($502M), Spain ($86.7M), and Ghana ($346k).

Imports In 2023, Greece imported $13.7B in Crude Petroleum, becoming the 19th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Greece. Greece imports Crude Petroleum primarily from: Iraq ($5.18B), Kazakhstan ($3.07B), Libya ($2.05B), Saudi Arabia ($698M), and Egypt ($674M).

The fastest growing import markets in Crude Petroleum for Greece between 2022 and 2023 were Kazakhstan ($556M), Guyana ($323M), and Norway ($222M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$604M
IMPORTS (2023)$13.7B
NET TRADE (2023)-$13.1B

In 2023, Greece exported $604M in Crude Petroleum. The main destinations of Greece exports on Crude Petroleum were India ($502M), Spain ($102M), Ghana ($346k), Italy ($176k), and Netherlands ($10.5k).

In 2023, Greece imported $13.7B in Crude Petroleum, mainly from Iraq ($5.18B), Kazakhstan ($3.07B), Libya ($2.05B), Saudi Arabia ($698M), and Egypt ($674M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Greece WERE (2022 - 2023):
India$502M (1%)
Spain$86.7M (568%)
Ghana$346k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Greece WERE (2022 - 2023):
Bulgaria-$293M (-100%)
Singapore-$11.7M (-100%)
Cyprus-$6.84M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Greece's main exporting competitors in Crude Petroleum were:
In 2023, Greece's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $18.1M
TOP IMPORT POTENTIALRussia+ $343M

Crude Petroleum’s highest export potential is Spain. With an export gap of $18.1M.   Crude Petroleum’s highest import potential is Russia with an import gap of $343M.

See methodology.

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