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2022
Flag → Flag
Exports $383MRnk 49 / 216
2022
Flag → Flag
Top Product $139MPalm Oil
2022
Flag → Flag
Exports $83.1MRnk 67 / 208
2022
Flag → Flag
Top Product $44.4MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 186
2022
Flag
GDP PC $4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Indonesia-Greece Trade: In 2022, Indonesia exported $383M to Greece. The main products that Indonesia exported to Greece were Palm Oil ($139M), Tissue ($25.5M), and Uncoated Paper ($19.8M). Over the past 5 years the exports of Indonesia to Greece have increased at an annualized rate of 13.2%, from $206M in 2017 to $383M in 2022.

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

Greece-Indonesia Trade: In 2022, Greece exported $83.1M to Indonesia. The main products that Greece exported to Indonesia were Raw Cotton ($44.4M), Recovered Paper ($12.1M), and Raw Tobacco ($6.84M). Over the past 5 years the exports of Greece to Indonesia have decreased at an annualized rate of 2.32%,  from $93.5M in 2017 to $83.1M in 2022.

In 2020, Greece exported services to Indonesia worth $393M, with Transportation ($391M), Travel ($1.6M), and Other business services ($571k) being the largest in terms of value.

Comparison: In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B). That same year, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Indonesia exported $383M to Greece. The main products exported from Indonesia to Greece were Palm Oil ($139M), Tissue ($25.5M), and Uncoated Paper ($19.8M). During the last 5 years the exports of Indonesia to Greece have increased at an annualized rate of 13.2%, from $206M in 2017 to $383M in 2022.

In 2017, Greece exported $83.1M to Indonesia. The main products exported from Greece to Indonesia were Raw Cotton ($44.4M), Recovered Paper ($12.1M), and Raw Tobacco ($6.84M). During the last 5 years the exports of Greece to Indonesia have decreased at an annualized rate of 2.32%, from $93.5M in 2022 to $83.1M in 2017.

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

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

Latest Data

Trade between Indonesia (Flag) and Greece (Flag)

Indonesia Exports

Greece Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$67.7B
Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Indonesia than Greece included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2022, countries that imported more from Greece than Indonesia included Bulgaria ($3.62B), Cyprus ($2.92B), and Libya ($1.95B).

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

Comparative Advantage Indonesia - Greece

Flow
Scale

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

During 2022, Indonesia had a large net trade with Greece in the exports of Animal and Vegetable Bi-Products ($170M), Paper Goods ($51.9M), and Chemical Products ($22.7M).

During 2017, Greece had a large net trade with Indonesia in the exports of Textiles ($44.6M), Paper Goods ($12.4M), and Foodstuffs ($7.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Greece+$20.4MPetroleum Gas
Top Product Potential Greece Indonesia+$4.85MPackaged Medicaments

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, Greece exported services to Indonesia worth $393M, with Transportation ($391M), Travel ($1.6M), and Other business services ($571k) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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