Greece (GRC) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Greece-Canada Trade: In 2022, Greece exported $296M to Canada. The main products that Greece exported to Canada were Refined Petroleum ($26.9M), Other Processed Vegetables ($26.8M), and Other Processed Fruits and Nuts ($18.7M). Over the past 5 years the exports of Greece to Canada have increased at an annualized rate of 9.47%, from $188M in 2017 to $296M in 2022.

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.

Canada-Greece Trade: In 2022, Canada exported $140M to Greece. The main products that Canada exported to Greece were Planes, Helicopters, and/or Spacecraft ($25.2M), Dried Legumes ($17.9M), and Soybeans ($12.2M). Over the past 5 years the exports of Canada to Greece have increased at an annualized rate of 6.67%, from $101M in 2017 to $140M in 2022.

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.

Comparison: In 2022, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Greece exported $296M to Canada. The main products exported from Greece to Canada were Refined Petroleum ($26.9M), Other Processed Vegetables ($26.8M), and Other Processed Fruits and Nuts ($18.7M). During the last 5 years the exports of Greece to Canada have increased at an annualized rate of 9.47%, from $188M in 2017 to $296M in 2022.

In 2017, Canada exported $140M to Greece. The main products exported from Canada to Greece were Planes, Helicopters, and/or Spacecraft ($25.2M), Dried Legumes ($17.9M), and Soybeans ($12.2M). During the last 5 years the exports of Canada to Greece have increased at an annualized rate of 6.67%, from $101M in 2022 to $140M in 2017.

Exports from Greece () to Canada () (2022)

Exports from Canada () to Greece () (2022)

Latest Data

Trade between Greece () and Canada ()

Greece Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$5.82B

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Greece than Canada included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

In 2022, countries that imported more from Canada than Greece included United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Greece () (2022)

Comparative Advantage Greece - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Greece had a large net trade with Canada in the exports of Foodstuffs ($76.3M), Mineral Products ($63.6M), and Metals ($33.1M).

During 2017, Canada had a large net trade with Greece in the exports of Vegetable Products ($35M), Transportation ($33.8M), and Machines ($17.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Canada+$51MRefined Petroleum

Top Product Potential Canada Greece+$10.8MPlanes, Helicopters, and/or Spacecraft

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

Can Year

Grc Year

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.

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.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Greece () to Canada () (2022)

Exports from Canada () to Greece () (2022)

Latest Data

Trade between Greece () and Canada ()

Greece Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Greece () (2022)

Comparative Advantage Greece - Canada

Potential Exports

Potential Exports

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Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Greece () and Canada () (2022)

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