2022
Exports
$217MWorld Rnk 65 / 149
Flag Rnk 42 / 1199
2022
PRODUCT COMPLEXITY IN Crude Petroleum
-2.25Rnk 1011 / 1025
2022
Imports
$13.1BWorld Rnk 20 / 158
Flag Rnk 1 / 1208
2022
ECONOMIC COMPLEXITY of Greece
0.33Rnk 50 / 133

About

Exports In 2022, Greece exported $217M in Crude Petroleum, making it the 65th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 42nd most exported product in Greece. The main destination of Crude Petroleum exports from Greece are: Bulgaria ($187M), Spain ($13.4M), Singapore ($10M), Cyprus ($6.84M), and Netherlands ($2.64k).

The fastest growing export markets for Crude Petroleum of Greece between 2021 and 2022 were Singapore ($10M), Cyprus ($6.84M), and Spain ($6.6M).

Imports In 2022, Greece imported $13.1B in Crude Petroleum, becoming the 20th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 1st most imported product in Greece. Greece imports Crude Petroleum primarily from: Iraq ($6.12B), Libya ($2.2B), Kazakhstan ($1.67B), Saudi Arabia ($1.35B), and Egypt ($725M).

The fastest growing import markets in Crude Petroleum for Greece between 2021 and 2022 were Iraq ($1.79B), Libya ($1.29B), and Saudi Arabia ($849M).

Latest Trends

Aug 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Crude Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$217M
IMPORTS (2022)$13.1B
NET TRADE (2022)-$12.8B

In 2022, Greece exported $217M in Crude Petroleum. The main destinations of Greece exports on Crude Petroleum were Bulgaria ($187M), Spain ($13.4M), Singapore ($10M), Cyprus ($6.84M), and Netherlands ($2.64k).

In 2022, Greece imported $13.1B in Crude Petroleum, mainly from Iraq ($6.12B), Libya ($2.2B), Kazakhstan ($1.67B), Saudi Arabia ($1.35B), and Egypt ($725M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Greece WERE (2021 - 2022):
Singapore$10M (1%)
Cyprus$6.84M (1%)
Spain$6.6M (97.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Greece WERE (2021 - 2022):
Brunei-$104M (-100%)
Bulgaria-$33.7M (-15.3%)
Turkey-$24M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Greece's main exporting competitors in Crude Petroleum were:
In 2022, Greece's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $18.1M
TOP IMPORT POTENTIALRussia+ $343M

Crude Petroleum’s highest export potential is Spain. With an export gap of $18.1M.   Crude Petroleum’s highest import potential is Russia with an import gap of $343M.

See methodology.

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