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Trade between Greece and Israel

In 2024, Greece exported $1 billion to Israel and imported $498 million. Greece ran a surplus of $516 million with Israel, compared with a surplus of $79 million in 2019. Israel was Greece’s 25th largest trading partner (1% of its trade), and Greece was Israel’s 22nd (1%).

Summary

Greece → Israel
$1billion
Israel → Greece
$498million
Greece’s balance
$516million

Balance

Greece’s trade balance with Israel

Trade between Greece and Israel grew 4.7-fold since 1995

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

  • Exports 1
  • Imports 0.5
  • Balance +0.5

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$166 million$158 million$8 million
1996$152 million$136 million$17 million
1997$142 million$158 million-$16 million
1998$142 million$155 million-$13 million
1999$133 million$162 million-$29 million
2000$159 million$173 million-$14 million
2001$156 million$190 million-$34 million
2002$150 million$194 million-$44 million
2003$176 million$243 million-$67 million
2004$193 million$253 million-$60 million
2005$258 million$236 million$22 million
2006$269 million$277 million-$8 million
2007$314 million$318 million-$3 million
2008$245 million$370 million-$125 million
2009$218 million$332 million-$114 million
2010$229 million$270 million-$41 million
2011$283 million$324 million-$41 million
2012$232 million$221 million$11 million
2013$237 million$285 million-$48 million
2014$249 million$422 million-$172 million
2015$314 million$533 million-$219 million
2016$379 million$370 million$9 million
2017$402 million$621 million-$219 million
2018$478 million$682 million-$204 million
2019$390 million$311 million$79 million
2020$460 million$315 million$145 million
2021$549 million$461 million$88 million
2022$631 million$572 million$59 million
2023$680 million$409 million$271 million
2024$1 billion$498 million$516 million

What they sell each other

What Greece sells to Israel

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

  1. Large-diameter steel pipes$216 million · 21.3%
    112 thousand tonnes
  2. Cables and wire$99 million · 9.8%
    10 thousand tonnes
  3. 4 thousand tonnes
  4. Fresh fish$31 million · 3%
    4 thousand tonnes
  5. Tissue paper stock$27 million · 2.6%
    19 thousand tonnes
  6. 4 tonnes
  7. Copper pipes$24 million · 2.3%
    2 thousand tonnes
  8. Steel bars$23 million · 2.2%
    42 thousand tonnes
  9. Plastic packaging$18 million · 1.8%
    4 thousand tonnes
  10. Canned vegetables$17 million · 1.7%
    5 thousand tonnes

What Israel sells to Greece

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

  1. Refined petroleum$137 million · 27.6%
    239 thousand tonnes · Israel’s destinations
  2. Large-diameter steel pipes$84 million · 16.8%
    32 thousand tonnes
  3. Ferrous scrap$48 million · 9.7%
    130 thousand tonnes
  4. Copper scrap$20 million · 4.1%
    2 thousand tonnes
  5. Aluminum scrap$19 million · 3.9%
    10 thousand tonnes
  6. Mixed fertilizers$13 million · 2.7%
    24 thousand tonnes
  7. Unwrought lead$13 million · 2.7%
    6 thousand tonnes
  8. Nitrites and nitrates$11 million · 2.2%
    12 thousand tonnes
  9. Pesticides and herbicides$9 million · 1.9%
    796 tonnes
  10. Other inorganic compounds$9 million · 1.8%

How it travels

Estimated sea route from Piraeus to Haifa.

The estimated sea route between Piraeus and Haifa is 689 nautical miles (1,275 km) long: ≈ 1.5–2 days at sea (at 18 and 14 knots).

It does not cross any major canal or strait.

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$1.4 billion · 94.1%
  2. Air$89 million · 5.9%

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

How much each matters to the other

Israel was Greece’s 25th largest trading partner (1% of its trade), and Greece was Israel’s 22nd (1%).

Israel in Greece’s trade
1.1%
Israel’s rank among Greece’s partners
25th
Greece in Israel’s trade
1%
Greece’s rank among Israel’s partners
22nd

Compare with

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.