2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 195
2023
Flag
GDP PC 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$23,401CURRENT US$
Rnk 53 / 196
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195

About

Canada-Greece Trade: In 2023, Canada exported $122M to Greece. The main products that Canada exported to Greece were Scrap Copper ($16.6M), Dried Legumes ($14.8M), and Soybeans ($14.2M). Over the past 5 years the exports of Canada to Greece have increased at an annualized rate of 2.68%, from $107M in 2018 to $122M in 2023.

In 2020, Canada exported services to Greece worth $262M, with Transportation ($245M), Travel ($8.95M), and Government services, n.i.e. ($3.73M) being the largest in terms of value.

Greece-Canada Trade: In 2023, Greece exported $321M to Canada. The main products that Greece exported to Canada were Other Processed Vegetables ($22.3M), Other Processed Fruits and Nuts ($18.4M), and Non-fillet Fresh Fish ($18.2M). Over the past 5 years the exports of Greece to Canada have increased at an annualized rate of 6.99%,  from $229M in 2018 to $321M in 2023.

In 2020, Greece exported services to Canada worth $353M, with Transportation ($286M), Travel ($46M), and Other business services ($5.6M) being the largest in terms of value.

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). That same year, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Canada exported $122M to Greece. The main products exported from Canada to Greece were Scrap Copper ($16.6M), Dried Legumes ($14.8M), and Soybeans ($14.2M). During the last 5 years the exports of Canada to Greece have increased at an annualized rate of 2.68%, from $107M in 2018 to $122M in 2023.

In 2018, Greece exported $321M to Canada. The main products exported from Greece to Canada were Other Processed Vegetables ($22.3M), Other Processed Fruits and Nuts ($18.4M), and Non-fillet Fresh Fish ($18.2M). During the last 5 years the exports of Greece to Canada have increased at an annualized rate of 6.99%, from $229M in 2023 to $321M in 2018.

Exports from Canada (Flag) to Greece (Flag) (2023)

Exports from Greece (Flag) to Canada (Flag) (2023)

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Greece
Top Destination
Italy$6.21B

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

In 2023, countries that imported more from Canada than Greece included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Greece than Canada included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

Difference in imports from Greece (Flag) and Canada (Flag) (2023)

Comparative Advantage Canada - Greece

Flow
Scale

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

During 2023, Canada had a large net trade with Greece in the exports of Vegetable Products ($33.3M), Metals ($21.8M), and Transportation ($14.5M).

During 2018, Greece had a large net trade with Canada in the exports of Foodstuffs ($89.2M), Metals ($50.4M), and Chemical Products ($36.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Greece+$10.8MPlanes, Helicopters, and/or Spacecraft
Top Product Potential Greece Canada+$51MRefined Petroleum

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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Bilateral Service Trade

In 2020, Canada exported services to Greece worth $262M, with Transportation ($245M), Travel ($8.95M), and Government services, n.i.e. ($3.73M) being the largest in terms of value.

In 2020, Greece exported services to Canada worth $353M, with Transportation ($286M), Travel ($46M), and Other business services ($5.6M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Greece (Flag) (2020)

Services Exports from Greece (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Greece. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Canada.

Product Space of Canada (Flag) and Greece (Flag) (2023)

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