2022
Flag  
GDP
$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH
-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
 GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC 
$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH
-5.39%CURRENT US$
Rnk 154 / 186
2022
Flag
GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Greece-Ukraine Trade: In 2022, Greece exported $409M to Ukraine. The main products that Greece exported to Ukraine were Refined Petroleum ($244M), Packaged Medicaments ($17.2M), and Non-Knit Active Wear ($12M). Over the past 5 years the exports of Greece to Ukraine have increased at an annualized rate of 18.8%, from $172M in 2017 to $409M in 2022.

In 2003, Greece exported services to Ukraine worth $22.1M, with Travel ($18.1M), Transportation ($2.63M), and Personal, cultural, and recreational services ($695k) being the largest in terms of value.

Ukraine-Greece Trade: In 2022, Ukraine exported $189M to Greece. The main products that Ukraine exported to Greece were Wheat ($37.5M), Corn ($19.5M), and Rapeseed ($14.1M). Over the past 5 years the exports of Ukraine to Greece have decreased at an annualized rate of 0.31%,  from $198M in 2017 to $189M in 2022.

In 2022, Ukraine did not export any services to Greece.

Comparison: In 2022,  Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B). That same year, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Greece exported $409M to Ukraine. The main products exported from Greece to Ukraine were Refined Petroleum ($244M), Packaged Medicaments ($17.2M), and Non-Knit Active Wear ($12M). During the last 5 years the exports of Greece to Ukraine have increased at an annualized rate of 18.8%, from $172M in 2017 to $409M in 2022.

In 2017, Ukraine exported $189M to Greece. The main products exported from Ukraine to Greece were Wheat ($37.5M), Corn ($19.5M), and Rapeseed ($14.1M). During the last 5 years the exports of Ukraine to Greece have decreased at an annualized rate of 0.31%, from $198M in 2022 to $189M in 2017.

Exports from Greece (Flag) to Ukraine (Flag) (2022)

Exports from Ukraine (Flag) to Greece (Flag) (2022)

Latest Data

Trade between Greece (Flag) and Ukraine (Flag)

Greece Exports

Ukraine Exports

Market Competitiveness

Color
Greece
Top Destination
Italy$5.82B
Ukraine
Top Destination
Poland$6.7B

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

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

In 2022, countries that imported more from Ukraine than Greece included Poland ($6.7B), Romania ($3.94B), and China ($2.6B).

Difference in imports from Ukraine (Flag) and Greece (Flag) (2022)

Comparative Advantage Greece - Ukraine

Flow
Scale

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

During 2022, Greece had a large net trade with Ukraine in the exports of Mineral Products ($248M), Chemical Products ($35.9M), and Vegetable Products ($34.1M).

During 2017, Ukraine had a large net trade with Greece in the exports of Vegetable Products ($99M), Metals ($35M), and Foodstuffs ($16.7M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Greece Ukraine+$45.1MRefined Petroleum
Top Product Potential Ukraine Greece+$11.6MCorn

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 Ukraine. This means that a dot/product with the flag of Greece indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Greece.

Product Space of Greece (Flag) and Ukraine (Flag) (2022)

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