2023
Flag  
GDP
$243BCURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP GROWTH
2.93%CURRENT US$
Rnk 166 / 195
2023
Flag
 GDP
$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH
-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC 
$23,401CURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP PC GROWTH
8.47%CURRENT US$
Rnk 139 / 195
2023
Flag
GDP PC
$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH
-28.2%CURRENT US$
Rnk 186 / 195

About

Greece-Iran Trade: In 2023, Greece exported $19.7M to Iran. The main products that Greece exported to Iran were Other Processed Fruits and Nuts ($6.7M), Corn ($1.4M), and Propylene Polymers ($1.17M). Over the past 5 years the exports of Greece to Iran have decreased at an annualized rate of 14.1%, from $42.2M in 2018 to $19.7M in 2023.

In 2003, Greece exported services to Iran worth $1.77M, with Travel ($1.71M), Government services, n.i.e. ($37.9k), and Transportation ($12.6k) being the largest in terms of value.

Iran-Greece Trade: In 2023, Iran exported $13.8M to Greece. The main products that Iran exported to Greece were Styrene Polymers ($5.93M), Other Nuts ($1.38M), and Float Glass ($1.12M). Over the past 5 years the exports of Iran to Greece have decreased at an annualized rate of 60.7%,  from $1.47B in 2018 to $13.8M in 2023.

In 2023, Iran did not export any services to Greece.

Comparison: In 2023,  Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Greece exported $19.7M to Iran. The main products exported from Greece to Iran were Other Processed Fruits and Nuts ($6.7M), Corn ($1.4M), and Propylene Polymers ($1.17M). During the last 5 years the exports of Greece to Iran have decreased at an annualized rate of 125%, from $4.67M in 2017 to $19.7M in 2023.

In 2018, Iran exported $13.8M to Greece. The main products exported from Iran to Greece were Styrene Polymers ($5.93M), Other Nuts ($1.38M), and Float Glass ($1.12M). During the last 5 years the exports of Iran to Greece have decreased at an annualized rate of 23.3%, from $35.5k in 2019 to $13.8M in 2018.

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

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

Latest Data

Trade between Greece (Flag) and Iran (Flag)

Greece Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$6.21B
Iran
Top Destination
China$4.59B

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

In 2023, countries that imported more from Greece than Iran included Italy ($6.21B), Cyprus ($3.03B), and Germany ($3.06B).

In 2023, countries that imported more from Iran than Greece included China ($4.59B), Pakistan ($943M), and Armenia ($597M).

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

Comparative Advantage Greece - Iran

Flow
Scale

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

During 2023, Greece had a large net trade with Iran in the exports of Foodstuffs ($7.1M), Chemical Products ($3.5M), and Vegetable Products ($2.11M).

During 2018, Iran had a large net trade with Greece in the exports of Plastics and Rubbers ($6.58M), Vegetable Products ($2.27M), and Stone And Glass ($1.82M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Iran+$3.37MPackaged Medicaments
Top Product Potential Iran Greece+$3.87MEthylene Polymers

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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Economic Complexity

Competitive Landscape

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

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

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