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Trade between Austria and Greece

In 2024, Austria exported $988 million to Greece and imported $598 million. Austria ran a surplus of $389 million with Greece, compared with a surplus of $298 million in 2019. Greece was Austria’s 32nd largest trading partner (0.4% of its trade), and Austria was Greece’s 24th (1%).

Summary

Austria → Greece
$988million
Greece → Austria
$598million
Austria’s balance
$389million

Balance

Austria’s trade balance with Greece

Trade between Austria and Greece grew 3-fold since 1995

USD billions (current). Austria’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1
  • Imports 0.6
  • Balance +0.4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$316 million$209 million$108 million
1996$339 million$184 million$155 million
1997$289 million$150 million$139 million
1998$330 million$154 million$176 million
1999$355 million$138 million$216 million
2000$281 million$124 million$156 million
2001$269 million$127 million$143 million
2002$318 million$127 million$191 million
2003$528 million$166 million$362 million
2004$633 million$190 million$443 million
2005$597 million$191 million$406 million
2006$744 million$204 million$540 million
2007$996 million$265 million$731 million
2008$1.2 billion$235 million$1 billion
2009$867 million$200 million$668 million
2010$746 million$217 million$529 million
2011$624 million$274 million$350 million
2012$533 million$235 million$298 million
2013$598 million$248 million$349 million
2014$578 million$251 million$328 million
2015$458 million$238 million$220 million
2016$529 million$265 million$264 million
2017$538 million$318 million$220 million
2018$577 million$333 million$243 million
2019$624 million$326 million$298 million
2020$639 million$417 million$222 million
2021$764 million$487 million$276 million
2022$834 million$495 million$338 million
2023$844 million$579 million$266 million
2024$988 million$598 million$389 million

What they sell each other

What Austria sells to Greece

The top 10 headings in 2024, with their share of the total.

  1. Hot-rolled flat steel$143 million · 14.5%
    112 thousand tonnes
  2. Cars$42 million · 4.2%
    3 thousand tonnes · Austria’s destinations
  3. Cheese$41 million · 4.1%
    8 thousand tonnes
  4. Medicines in measured doses or retail packs$35 million · 3.6%
    167 tonnes · Austria’s destinations
  5. Transformers and power supplies$35 million · 3.6%
    2 thousand tonnes
  6. Soft drinks$30 million · 3.1%
    13 thousand tonnes
  7. Plastic and rubber processing machines$27 million · 2.7%
    933 tonnes
  8. Vaccines, blood and antisera$24 million · 2.4%
    41 tonnes · Austria’s destinations
  9. Uncoated paper$18 million · 1.8%
    32 thousand tonnes
  10. Fresh milk and cream$14 million · 1.4%
    13 thousand tonnes

What Greece sells to Austria

The top 10 headings in 2024, with their share of the total.

  1. Medicines in measured doses or retail packs$239 million · 39.9%
    572 tonnes · Greece’s destinations
  2. Cheese$43 million · 7.2%
    5 thousand tonnes
  3. Olive oil$30 million · 5.1%
    3 thousand tonnes
  4. Aluminum bars and profiles$14 million · 2.4%
    4 thousand tonnes
  5. Citrus fruit$13 million · 2.2%
    14 thousand tonnes
  6. Aluminum sheet$12 million · 2.1%
    3 thousand tonnes
  7. Yogurt and fermented milk$9 million · 1.5%
    4 thousand tonnes
  8. Cables and wire$9 million · 1.5%
    825 tonnes · Austria’s sources
  9. Canned vegetables$9 million · 1.5%
    3 thousand tonnes
  10. Preserved fruit and nuts$9 million · 1.5%
    5 thousand tonnes

How it travels

Estimated sea route from Koper (Slovenia) to Piraeus.

The estimated sea route between Koper (Slovenia) and Piraeus is 852 nautical miles (1,578 km) long: ≈ 2–2.5 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

Austria is landlocked: it ships through Koper (Slovenia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.1 billion · 71.1%
  2. Air$459 million · 28.9%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Greece was Austria’s 32nd largest trading partner (0.4% of its trade), and Austria was Greece’s 24th (1%).

Greece in Austria’s trade
0.4%
Greece’s rank among Austria’s partners
32nd
Austria in Greece’s trade
1.1%
Austria’s rank among Greece’s partners
24th

Compare with

Other partners of Austria

Other partners of Greece

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.