Summary
- Greece → South Korea
- $1.1billion
- South Korea → Greece
- $1.4billion
- Greece’s balance
- -$284million
Balance
Greece’s trade balance with South Korea
Trade between Greece and South Korea grew 6.6-fold since 1995
USD billions (current). Greece’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.1
- Imports 1.4
- Balance -0.3
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $43 million | $336 million | -$293 million |
| 1996 | $57 million | $642 million | -$585 million |
| 1997 | $38 million | $511 million | -$473 million |
| 1998 | $45 million | $940 million | -$895 million |
| 1999 | $29 million | $948 million | -$919 million |
| 2000 | $33 million | $1.1 billion | -$1 billion |
| 2001 | $42 million | $862 million | -$821 million |
| 2002 | $37 million | $1.8 billion | -$1.8 billion |
| 2003 | $104 million | $2.5 billion | -$2.4 billion |
| 2004 | $105 million | $2.3 billion | -$2.2 billion |
| 2005 | $91 million | $1.4 billion | -$1.4 billion |
| 2006 | $85 million | $2.6 billion | -$2.5 billion |
| 2007 | $64 million | $2.6 billion | -$2.5 billion |
| 2008 | $136 million | $2.2 billion | -$2 billion |
| 2009 | $59 million | $3.4 billion | -$3.3 billion |
| 2010 | $83 million | $2.4 billion | -$2.3 billion |
| 2011 | $100 million | $1.5 billion | -$1.4 billion |
| 2012 | $247 million | $2.4 billion | -$2.2 billion |
| 2013 | $262 million | $1.3 billion | -$1.1 billion |
| 2014 | $413 million | $1.9 billion | -$1.5 billion |
| 2015 | $249 million | $1.6 billion | -$1.4 billion |
| 2016 | $180 million | $2 billion | -$1.8 billion |
| 2017 | $435 million | $1.7 billion | -$1.3 billion |
| 2018 | $609 million | $1.2 billion | -$551 million |
| 2019 | $502 million | $878 million | -$376 million |
| 2020 | $769 million | $888 million | -$118 million |
| 2021 | $1.3 billion | $2 billion | -$742 million |
| 2022 | $890 million | $1.3 billion | -$360 million |
| 2023 | $895 million | $689 million | $206 million |
| 2024 | $1.1 billion | $1.4 billion | -$284 million |
What they sell each other
What Greece sells to South Korea
The top 10 headings in 2024, with their share of the total.
What South Korea sells to Greece
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Piraeus and Busan is 14,905 nautical miles (27,605 km) long: ≈ 34.5–44.5 days at sea (at 18 and 14 knots).
Because of the 2024 disruptions, traffic is split: 85% via the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (14,905 nautical miles); and 15% via the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (8,253 nautical miles).
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
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
South Korea was Greece’s 18th largest trading partner (2% of its trade), and Greece was South Korea’s 52nd (0.2%).
- South Korea in Greece’s trade
- 1.7%
- South Korea’s rank among Greece’s partners
- 18th
- Greece in South Korea’s trade
- 0.2%
- Greece’s rank among South Korea’s partners
- 52nd
Compare with
Other partners of Greece
Other partners of South Korea
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
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.