HS Icon Refined Petroleum in  Flag Greece

2021
Exports | Imports
: $23.1B | $6.53B, World Rnk 11 / 218
Flag Rnk 1 / 1197 | World Rnk 30 / 226
Flag Rnk 2 / 1209

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.88B | $1.1B, Lebanon |  Russia

2021
ECONOMIC COMPLEXITY of Greece
: 0.32, Rnk 50 / 131

2021
PRODUCT COMPLEXITY IN Refined Petroleum
: -0.92, Rnk 817 / 1029

Exports In 2021, Greece exported $23.1B in Refined Petroleum, making it the 11th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most exported product in Greece. The main destination of Refined Petroleum exports from Greece are: Lebanon ($2.62B), Libya ($2.2B), Turkey ($2.06B), Italy ($1.51B), and South Korea ($1.49B).

The fastest growing export markets for Refined Petroleum of Greece between 2020 and 2021 were Lebanon ($1.88B), Turkey ($1.58B), and Libya ($1.55B).

Imports In 2021, Greece imported $6.53B in Refined Petroleum, becoming the 30th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most imported product in Greece. Greece imports Refined Petroleum primarily from: Russia ($2.41B), Egypt ($1.06B), Turkey ($663M), Italy ($428M), and Israel ($403M).

The fastest growing import markets in Refined Petroleum for Greece between 2020 and 2021 were Russia ($1.1B), Egypt ($902M), and Turkey ($557M).

Tariffs In 2017, the average tariff for Greece in Refined Petroleum was 0.92%. The countries with the highest import tariffs for Refined Petroleum were Western Sahara (Most Favoured Nation duty rate treatment, 2.54%), Gabon (Most Favoured Nation duty rate treatment, 2.54%), Libya (Most Favoured Nation duty rate treatment, 2.54%), Mayotte (Most Favoured Nation duty rate treatment, 2.54%), and Reunion (Most Favoured Nation duty rate treatment, 2.54%).

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Refined 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

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EXPORTS (2021): $23.1B

IMPORTS (2021): $6.53B

NET TRADE (2021): $16.6B

In 2021, Greece exported $23.1B in Refined Petroleum. The main destinations of Greece exports on Refined Petroleum were Lebanon ($2.62B), Libya ($2.2B), Turkey ($2.06B), Italy ($1.51B), and South Korea ($1.49B).

In 2021, Greece imported $6.53B in Refined Petroleum, mainly from Russia ($2.41B), Egypt ($1.06B), Turkey ($663M), Italy ($428M), and Israel ($403M).

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THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Greece WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Greece WERE (2020 - 2021):

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Market Concentration

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In 2021, Greece's main exporting competitors in Refined Petroleum were:

In 2021, Greece's main importing competitors in Refined Petroleum were:

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