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Trade between Greece and Spain

In 2024, Greece exported $1.3 billion to Spain and imported $3.3 billion. Greece ran a deficit of $1.9 billion with Spain, compared with a deficit of $1.7 billion in 2019. Spain was Greece’s 9th largest trading partner (3% of its trade), and Greece was Spain’s 32nd (0.6%).

Summary

Greece → Spain
$1.3billion
Spain → Greece
$3.3billion
Greece’s balance
-$1.9billion

Balance

Greece’s trade balance with Spain

Trade between Greece and Spain grew 3.5-fold since 1995

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

  • Exports 1.3
  • Imports 3.3
  • Balance -1.9

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$394 million$929 million-$536 million
1996$472 million$993 million-$521 million
1997$274 million$995 million-$721 million
1998$279 million$1.1 billion-$792 million
1999$343 million$1.1 billion-$740 million
2000$355 million$1 billion-$690 million
2001$375 million$1 billion-$659 million
2002$398 million$1.3 billion-$899 million
2003$584 million$1.7 billion-$1.1 billion
2004$570 million$2.1 billion-$1.5 billion
2005$731 million$2.2 billion-$1.5 billion
2006$874 million$2.4 billion-$1.5 billion
2007$1.1 billion$2.8 billion-$1.7 billion
2008$695 million$3.3 billion-$2.6 billion
2009$537 million$2.6 billion-$2.1 billion
2010$739 million$2.1 billion-$1.4 billion
2011$789 million$2 billion-$1.2 billion
2012$688 million$1.7 billion-$1 billion
2013$1.1 billion$1.8 billion-$676 million
2014$720 million$2.4 billion-$1.6 billion
2015$667 million$1.8 billion-$1.1 billion
2016$653 million$1.8 billion-$1.1 billion
2017$692 million$2.3 billion-$1.6 billion
2018$975 million$2.3 billion-$1.4 billion
2019$873 million$2.6 billion-$1.7 billion
2020$986 million$2 billion-$974 million
2021$1.2 billion$2.9 billion-$1.7 billion
2022$1.5 billion$2.8 billion-$1.3 billion
2023$1.8 billion$3.2 billion-$1.4 billion
2024$1.3 billion$3.3 billion-$1.9 billion

What they sell each other

What Greece sells to Spain

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

  1. Fresh fish$186 million · 14%
    34 thousand tonnes
  2. 2 thousand tonnes · Greece’s destinations
  3. Aluminum sheet$101 million · 7.6%
    27 thousand tonnes
  4. Refined petroleum$95 million · 7.1%
    153 thousand tonnes · Greece’s destinations
  5. Copper pipes$53 million · 4%
    5 thousand tonnes
  6. Toilet paper and tissues$53 million · 4%
    14 thousand tonnes
  7. 29 thousand tonnes
  8. Olive pomace oil$36 million · 2.7%
    12 thousand tonnes
  9. Cheese$27 million · 2%
    5 thousand tonnes · Spain’s sources
  10. Meal from other oilseeds$24 million · 1.8%
    85 thousand tonnes

What Spain sells to Greece

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

  1. Cars$285 million · 8.8%
    22 thousand tonnes · Spain’s destinations
  2. Women's suits and dresses$129 million · 4%
    4 thousand tonnes
  3. 5 thousand tonnes · Spain’s destinations
  4. Fresh beef$109 million · 3.4%
    18 thousand tonnes
  5. Pork$70 million · 2.1%
    20 thousand tonnes · Spain’s destinations
  6. Refined petroleum$67 million · 2.1%
    80 thousand tonnes · Spain’s destinations
  7. Ceramic tiles$62 million · 1.9%
    131 thousand tonnes
  8. Ethyl alcohol (ethanol)$60 million · 1.9%
    70 thousand tonnes
  9. 19 thousand tonnes
  10. Sweaters and pullovers$58 million · 1.8%
    2 thousand tonnes

How it travels

Estimated sea route from Piraeus to Valencia.

The estimated sea route between Piraeus and Valencia is 1,296 nautical miles (2,401 km) long: ≈ 3–4 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$4.1 billion · 89.4%
  2. Air$486 million · 10.6%

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

How much each matters to the other

Spain was Greece’s 9th largest trading partner (3% of its trade), and Greece was Spain’s 32nd (0.6%).

Spain in Greece’s trade
3.2%
Spain’s rank among Greece’s partners
9th
Greece in Spain’s trade
0.6%
Greece’s rank among Spain’s partners
32nd

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.