Greek Exports
Greece 2023 Exports-Imports (provisional data – Hellenic Statistical Authority)
According to the most recent (provisional) data by the Hellenic Statistical Authority, the total amount of exports for 2023 reached €50,920 million, compared to €55,762.2 million in 2022, decreased by 8.7%. Excluding petroleum products, exports decreased by 3.0% during the same period (to €35,174.2 million from €36,245.5 million in 2022), and by 3.2% excluding both petroleum products and ships (to €34,966.3 million from €36,133.8 million).
Fuel accounts for the largest share of exports in 2023 (32.4%), followed by food and live animals (14.9%), manufactured products classified mainly by material (14.4%), and chemicals (11.6%).
The total value of imports in 2023 amounted to €81,965.6 million, compared to €94,552.7 million in 2022, a decrease of 13.3%. Excluding petroleum products, the decrease was 4.1% (to €60,496.6 million from €63,054.7 million), while excluding both petroleum products and ships, imports decreased by 3.9% (to €60,173.0 million euros from €62,629.4 million).
Fuel accounts for the largest share of imports in 2023 (27.8%), followed by transport machinery and equipment (20.2%), and chemicals (14.2%).
Destination countries
Greek exports to other European Union (EU) member-states amounted to 57.0% of total Greek exports in 2023 − demonstrating the bloc’s continued importance as a destination for Greek products.
The main destination countries for Greek exports in value terms for 2023 were:
• Italy (11.6%)
• Bulgaria (7.0%)
• Germany (6.7%)
• Cyprus (6.5%)
• USA (4.2%)
• Spain (4.1%)
Noteworthy increases in 2023 Greek exports were observed in the following countries*:
- Argentina (+434.36%)
- Cameroon (+269.06%)
- Malaysia (+241.86%)
- Moldova (+195.13%)
- Iraq (+160.56%)
- Ukraine (+142.38%)
- Algeria (+49.73%)
- Estonia (+40.44%)
- Egypt (+33.59%)
- Kosovo (+27.36%)
(*Selected countries where Greek exports were greater than €50million in value in 2023).
Countries of origin
The EU was also an important source of imports, accounting for 50.5% of Greek imports in 2023.
The main source countries for Greek imports in value terms for 2023 were:
- Germany (10.6%)
- China (8.4%)
- Italy (8.2%)
- Iraq (6.4%)
- Netherlands (6.1%)
- France (4.4%)
Total merchandise trade
Overall, Greek merchandise trade transactions (exports + imports) amounted to €132,885.6 million in 2023.
Exports of goods in 2023 were less than imports, but the trade deficit decreased by 20%, and it was mostly offset by Greek exports of services, such as shipping, tourism, financial services, etc.
Import – Export Data
Greek Exports by Country (in millions of euros)
|
COUNTRY |
2023 |
2022 |
2021 |
|
ITALY |
5,883 |
6,459 |
4,293 |
|
BULGARIA |
3,541 |
4,550 |
2,025 |
|
GERMANY |
3,412 |
3,557 |
2,925 |
|
CYPRUS |
3,300 |
3,261 |
2,567 |
|
USA |
2,117 |
2,228 |
1,608 |
|
SPAIN |
2,073 |
2,109 |
1,194 |
|
UNITED KINGDOM |
1,936 |
2,155 |
1,310 |
|
ROMANIA |
1,826 |
1,835 |
1,390 |
|
TURKEY |
1,818 |
2,502 |
2,059 |
|
FRANCE |
1,793 |
1,692 |
1,872 |
|
LIBYA |
1,580 |
1,851 |
1,006 |
|
LEBANON |
1,425 |
1,582 |
1,173 |
|
REPUBLIC OF NORTH MACEDONIA |
1,381 |
1,768 |
873 |
|
NETHERLANDS |
1,275 |
1,216 |
903 |
|
GIBRALTAR |
1,153 |
1,211 |
521 |
|
OTHERS |
16,407 |
17,786 |
14,600 |
|
Total |
50,920 |
55,762 |
40,319 |
Greek Imports / Country (in million Euros)
|
COUNTRY |
2023 |
2022 |
2021 |
|
GERMANY |
8,662 |
8,655 |
7,175 |
|
CHINA |
6,901 |
7,908 |
5,009 |
|
ITALY |
6,700 |
6,799 |
5,790 |
|
IRAQ |
5,255 |
6,791 |
4,140 |
|
NETHERLANDS |
4,994 |
4,533 |
3,658 |
|
FRANCE |
3,633 |
3,441 |
2,691 |
|
KAZAKHSTAN |
3,390 |
2,658 |
2,221 |
|
SPAIN |
3,027 |
2,841 |
2,329 |
|
BULGARIA |
3,023 |
3,662 |
2,422 |
|
TURKEY |
2,725 |
2,898 |
2,497 |
|
RUSSIA |
2,446 |
9,334 |
4,302 |
|
BELGIUM |
2,265 |
2,447 |
2,083 |
|
LIBYA |
2,031 |
2,419 |
865 |
|
POLAND |
1,526 |
1,408 |
1,125 |
| USA | 1,503 | 3,456 | 1,432 |
|
OTHERS |
23,885 |
25,303 |
18,093 |
|
Total |
81,966 |
94,553 |
65,832 |
Greek Exports / Sector (in million Euros)
|
SECTOR |
2023 |
2022 |
2021 |
|
Food and live animals |
7,581 |
6,987 |
5,892 |
|
Beverages and tobacco |
1,279 |
1,152 |
925 |
|
Inedible crude materials except fuels |
1,582 |
1,941 |
1,882 |
|
Mineral fuels, lubricants, etc. |
16,476 |
20,996 |
11,589 |
|
Oils and fats of animal or vegetable origin |
1,436 |
1,050 |
745 |
|
Chemical products |
5,925 |
6,047 |
5,662 |
|
Manufactured products classified mainly by material |
7,356 |
8,134 |
6,242 |
|
Transport machinery and equipment |
5,040 |
4,987 |
3,881 |
|
Various industrial items |
3,637 |
3,773 |
2,965 |
|
Items and transactions not classified by category |
607 |
696 |
537 |
|
Total |
50,920 |
55,762 |
40,319 |
Greek Imports / Sector (in million Euros)
|
SECTOR |
2023 |
2022 |
2021 |
|
Food and live animals |
8.476 |
8.306 |
6.504 |
|
Beverages and tobacco |
967 |
865 |
676 |
|
Inedible crude materials except fuel |
1,999 |
2,328 |
1,822 |
|
Mineral fuels, lubricants, etc. |
22,770 |
33,532 |
17,303 |
|
Oils and fats of animal or vegetable origin |
488 |
570 |
371 |
|
Chemical products |
11,671 |
12,399 |
10,998 |
|
Manufactured products classified mainly by material |
9,573 |
10,723 |
7,807 |
|
Transport machinery and equipment |
16,565 |
15,762 |
12,429 |
|
Various industrial items |
8,754 |
8,826 |
6,764 |
|
Items and transactions not classified by category |
702 |
1,240 |
1,158 |
|
Total |
81,966 |
94,551 |
65,832 |
Source: Hellenic Statistical Authority (ELSTAT), provisional data processed by Enterprise Greece. Small differences in total by country and sector are due to revisions by ELSTAT.