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Exporting to Greece

Greece ExportGuide | Trade Finance Global

Exporting to Greece

Greece’s import commodities usually came from Russia amounting to $7.8 billion, followed by Germany valued at $6 billion, Italy at $5 billion and Iraq with $4.4 billion. Among the country’s top imports would include crude petroleum valued at around $14 billion, refined petroleum with $4 billion, packaged medicaments at $3 billion, petroleum gas at $1.8 billion and another $1.2 billion for passenger and cargo ships.

Greece Country Profile

Official Name (Local Language) Elliniki Dhimokratia
Capital Athens
Population 10,773,253
Currency Euro
GDP $195.9 billion
Languages Greek
Telephone Dial In 30

Top 5 import partners

Imports ($m USD)

55,301

Number of Import Products

4,405

Number of Import Partners

185

Country

Trade

% Partner Share

Germany

5,646

10.21

Italy

4,208

7.61

Russian Federation

3,887

07.03

Korea, Rep.

3,572

6.46

Iraq

3,549

6.42

Top 5 Import Products at HS 6 digit level

Export product

Number

Petroleum oils, etc, (excl. crude); preparation

15.7%

Petroleum oils and oils obtained from bituminou

6.2%

Palm oil (excl. crude) and liquid fractions

6.1%

Natural gas, liquefied

4.6%

Transmission apparatus, for radioteleph incorpo

2.4%

Chart Showing GDP Growth Compared to rest of world

GDP Composition for Greece

Agriculture

%

Product list

4.1%

Wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products

Industry

%

Industry List

15%

Tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum

Services

%

Services List

Services

Exporting to Greece: What is trade finance?

The Greeks possess 64th of the world’s largest export economy, according to the Economic Complexity Index (ECI). Some of the export commodities offered by Greece would include refined petroleum valued at $12 billion, packaged medicaments at $1.13 billion, around $695 million of pure olive oil and aluminum plating valued at $666 million. The major export destinations of Greek products would include Turkey ($4.2 billion), Italy ($3 billion), Germany ($2.2 billion) and Bulgaria ($1.8 billion).

Information

Greece-Map

Exporting to Greece? Contact our local experts

Greece-Flag

Greece Economic Statistics

Government Website

https://primeminister.gr/

Sovereign Ratings

https://countryeconomy.com/ratings/greece

Central Bank

National Bank of Greece

Currency USD Exchange Rate

9214

Unemployment Rate

24.6%

Population below poverty line

0,36

Inflation Rate

-0.2%

Prime Lending Rate

0.05%

GDP

$195.9 billion

GDP Pro Capita (PPP)

$26,800

Currency Name

Euro

Currency Code

Currency Code

World Bank Classification

High Income

Competitive Industrial Performance

86/138

Corruption Perceptions Index

59/180

Ease of Doing Business

72/190

Enabling Trade Index

52/136

Currency in Greece

About the Author

Trade Finance Global (TFG) assists companies with raising debt finance. While we can access many traditional forms of finance, we specialise in alternative finance and complex funding solutions related to international trade. We help companies to raise finance in ways that is sometimes out of reach for mainstream lenders.

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