|Rank||Exports Product||Import Product|
|1||Refined Petroleum||Crude Petroleum|
|2||Packaged Medicaments||Refined Petroleum|
|3||Aluminium Plating||Packaged Medicaments|
|4||Non-fillet Fresh Fish||Passenger and Cargo Ships|
Topping the list of products exported are vegetables, fruits, olive oil, dairy products, fresh seafood, canned fruits, olives, raisins, wine, and tomato products. More recently, Greek food and beverage companies are rapidly penetrating higher-growth markets such as the US, China, Russia and Western Europe.
Greece trade balance, exports and imports by country
In 2019, Greece major trading partner countries for exports were Italy, Germany, Turkey, Cyprus and Bulgaria and for imports they were Germany, Iraq, Italy, Russian Federation and China.
Greece Economy Overview
A GDP of $218 billion makes Greece the 50th largest economy in the world. However, with imports exceeding exports, the country runs a negative trade balance of -$24.8 billion. Annual imports are $63.5 billion while exports are $38.7 billion.
Main categories of exported products are fruits, vegetables and olive oil while main imports include meat and dairy products. Organic farming has grown dramatically over the last years constituting an important priority in the sustainable development of the sector in Greece.
There corn (maize), wheat, barley, sugar beets, peaches, tomatoes, cotton (of which Greece is the only EU producer), and tobacco are grown.
The most common food products in Greece were wheat, barley, olives and grapevines. Greeks didn’t make much bread from wheat, but they did make baked goods called barley cakes. They also made gruel, a sort of cereal made from barley. Broad beans, chickpeas and lentils were grown.
Greece is an overwhelmingly Orthodox Christian nation – much like Russia, Ukraine and other Eastern European countries. And, like many Eastern Europeans, Greeks embrace Christianity as a key part of their national identity.
GREECE is a relatively wealthy country, or so the numbers seem to show. Per-capita income is more than $30,000 — about three-quarters of the level of Germany. … For the category of “high-income countries,” the Greek ranking is next to last, ahead of only Equatorial Guinea, which has oil wealth.
Lack of Revenue. At root, Greece’s fiscal problems stemmed from a lack of revenue. As a percentage of GDP, Greece’s social spending expenditures were 10.3% in 1980, 19.3% in 2000 and 23.5% in 2011, whereas Germany’s social expenditures during the same periods were 22.1%, 26.6%, and 26.2%, respectively.
The Greek debt crisis is due to the government’s fiscal policies that included too much spending. … While the economy boomed from 2001-2008, higher spending and mounting debt loads accompanied the growth.
Athens, Greek Athínai, City (pop., 2001: 745,514), capital of Greece. It is located inland near its port, Piraeus, on the Saronic Gulf in eastern Greece.
In 2019, Greece exported $2.46B to Germany. The main products exported from Greece to Germany were Packaged Medicaments ($322M), Cheese ($158M), and Aluminium Bars ($96.6M). During the last 24 years the exports of Greece to Germany have increased at an annualized rate of 0.15%, from $2.37B in 1995 to $2.46B in 2019.
|Rank||Name||2018 Revenues (USD $B)|
|1626||Alpha Bank||$3.5 B|
|1632||Eurobank Ergasias||$2.2 B|
|1736||Hellenic Petroleum||$9 B|
|1860||Bank of Greece||$1.7 B|
Greece has a capitalist economy with a public sector accounting for about 40% of GDP and with per capita GDP about two-thirds that of the leading euro-zone economies.
Greece has already left the European Union in a manner of speaking: it is now part of the Third World. … The experience of other Third World countries, which have gone through their own debt crises, offers some lessons in that regard.
Civilizations throughout time have used this trade of goods to survive and thrive. … Ancient Greece relied heavily on imported goods. Their economy was defined by that dependence. Agricultural trade was of great importance because the soil in Greece was of poor quality which limited crop production.
After all, it’s somebody else’s religion – the fact that you may not believe it doesn’t mean it’s any more mythical than Christianity, Islam, Judaism, or any other religion that’s widely practiced today. Greeks have rejected their polytheistic myths and are now “Greek Orthodox Christian”. So Zeus is buried forever.
greece imports and exports 2021
greece main imports
greece exports 2020
greece export products
greece imports and exports 2020
greece major imports and exports
greece top 10 exports
greece exports by country