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Trade between Belgium and Greece

In 2024, Belgium exported $2.3 billion to Greece and imported $406 million. Belgium ran a surplus of $1.9 billion with Greece, compared with a surplus of $1.5 billion in 2019. Greece was Belgium’s 38th largest trading partner (0.4% of its trade), and Belgium was Greece’s 17th (2%).

Summary

Belgium → Greece
$2.3billion
Greece → Belgium
$406million
Belgium’s balance
$1.9billion

Balance

Belgium’s trade balance with Greece

Trade between Belgium and Greece grew 2.3-fold since 1995

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

  • Exports 2.3
  • Imports 0.4
  • Balance +1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$962 million$245 million$717 million
1996$1 billion$226 million$803 million
1997$1 billion$203 million$817 million
1998$1.1 billion$269 million$793 million
1999$1.1 billion$226 million$876 million
2000$889 million$321 million$568 million
2001$862 million$311 million$551 million
2002$1.3 billion$272 million$979 million
2003$1.6 billion$271 million$1.3 billion
2004$2 billion$292 million$1.7 billion
2005$2 billion$263 million$1.7 billion
2006$2.2 billion$327 million$1.9 billion
2007$2.9 billion$420 million$2.5 billion
2008$3.3 billion$387 million$2.9 billion
2009$2.8 billion$366 million$2.5 billion
2010$2.2 billion$273 million$1.9 billion
2011$2.1 billion$398 million$1.7 billion
2012$1.7 billion$400 million$1.3 billion
2013$1.7 billion$347 million$1.4 billion
2014$1.7 billion$359 million$1.3 billion
2015$1.6 billion$345 million$1.2 billion
2016$1.7 billion$375 million$1.3 billion
2017$1.9 billion$311 million$1.6 billion
2018$2 billion$326 million$1.6 billion
2019$1.9 billion$378 million$1.5 billion
2020$1.9 billion$304 million$1.6 billion
2021$2.4 billion$362 million$2 billion
2022$2.4 billion$433 million$1.9 billion
2023$2.2 billion$454 million$1.8 billion
2024$2.3 billion$406 million$1.9 billion

What they sell each other

What Belgium sells to Greece

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

  1. Medicines in measured doses or retail packs$296 million · 12.6%
    2 thousand tonnes · Belgium’s destinations
  2. Vaccines, blood and antisera$165 million · 7%
    120 tonnes · Belgium’s destinations
  3. Auto parts$85 million · 3.6%
    5 thousand tonnes · Belgium’s destinations
  4. Medical and dental instruments$61 million · 2.6%
    1 thousand tonnes · Belgium’s destinations
  5. Frozen vegetables$55 million · 2.3%
    42 thousand tonnes
  6. Textile footwear$53 million · 2.3%
    1 thousand tonnes
  7. Polyethylene$53 million · 2.3%
    25 thousand tonnes · Belgium’s destinations
  8. Pesticides and herbicides$50 million · 2.1%
    6 thousand tonnes
  9. Cars$45 million · 1.9%
    5 thousand tonnes · Belgium’s destinations
  10. Leather footwear$39 million · 1.7%
    959 tonnes

What Greece sells to Belgium

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

  1. Gas, water and electricity meters$29 million · 7.2%
    572 tonnes
  2. Refined petroleum$21 million · 5.3%
    76 thousand tonnes · Greece’s destinations
  3. Canned vegetables$20 million · 5%
    9 thousand tonnes
  4. Medicines in measured doses or retail packs$19 million · 4.8%
    3 thousand tonnes · Greece’s destinations
  5. Copper pipes$19 million · 4.6%
    3 thousand tonnes
  6. Cheese$19 million · 4.6%
    2 thousand tonnes · Belgium’s sources
  7. Petroleum coke and bitumen$14 million · 3.4%
    32 thousand tonnes
  8. Other fresh fruit (berries, kiwi)$12 million · 3%
    6 thousand tonnes
  9. Aluminum bars and profiles$11 million · 2.8%
    3 thousand tonnes
  10. Tomato preserves$11 million · 2.8%
    11 thousand tonnes

How it travels

Estimated sea route from Antwerp to Piraeus.

The estimated sea route between Antwerp and Piraeus is 2,955 nautical miles (5,473 km) long: ≈ 7–9 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Dover and Strait of Gibraltar.

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$1.9 billion · 70.9%
  2. Air$801 million · 29.1%

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

How much each matters to the other

Greece was Belgium’s 38th largest trading partner (0.4% of its trade), and Belgium was Greece’s 17th (2%).

Greece in Belgium’s trade
0.4%
Greece’s rank among Belgium’s partners
38th
Belgium in Greece’s trade
1.9%
Belgium’s rank among Greece’s partners
17th

Compare with

Other partners of Belgium

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.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.