Country intelligence · GRC · 2024

Greece trade profile

In 2024, Greece recorded $52.1B in merchandise exports and $88.6B in imports, producing a $36.5B trade deficit. Exports changed -3.8% from the previous year, while imports changed +0.2%.[1]

Exports

$52.1B

-3.8%

Imports

$88.6B

+0.2%

Trade balance

-$36.5B

deficit

Active partners

270

108 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$52.1B$88.6B-$36.5B-3.8%
2023$54.2B$88.4B-$34.3B-2.2%
2022$55.4B$92.8B-$37.4B+23.4%
2021$44.9B$77.9B-$33.1B+34.3%
2020$33.4B$55.9B-$22.4B-8.9%
2019$36.7B$63.0B-$26.3B-1.7%
2018$37.3B$64.4B-$27.0B+22.5%
2017$30.5B$54.1B-$23.6B+12.9%
2016$27.0B$47.6B-$20.6B-0.8%
2015$27.2B$47.1B-$19.9B-21.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

43 active HS6 lines · 141 export partners

$16.0B
2

HS 30 · Pharmaceutical products

40 active HS6 lines · 169 export partners

$3.2B
3

HS 76 · HS chapter

35 active HS6 lines · 142 export partners

$2.8B
4

HS 85 · Electrical machinery

262 active HS6 lines · 173 export partners

$2.2B
5

HS 20 · HS chapter

52 active HS6 lines · 142 export partners

$1.8B
6

HS 84 · Machinery

515 active HS6 lines · 183 export partners

$1.7B
7

HS 08 · HS chapter

68 active HS6 lines · 112 export partners

$1.6B
8

HS 04 · HS chapter

32 active HS6 lines · 117 export partners

$1.6B

Leading export markets

Destinations rank bilateral export flows from Greece; growth describes each corridor rather than the whole economy.

1

Italy

Annual change -13.3% · 3-year CAGR 8.7%

$5.3B
2

Germany

Annual change +3.5% · 3-year CAGR 3.7%

$3.6B
3

Cyprus

Annual change +0.3% · 3-year CAGR 7.3%

$3.2B
4

Bulgaria

Annual change -19.0% · 3-year CAGR -1.4%

$2.4B
5

United States

Annual change +12.6% · 3-year CAGR 10.2%

$2.4B
6

United Kingdom

Annual change +2.5% · 3-year CAGR 15.4%

$2.0B
7

Romania

Annual change +4.9% · 3-year CAGR 7.7%

$2.0B
8

Ukraine

Annual change +42.2% · 3-year CAGR 62.3%

$1.8B

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.