Summary
- Greece → Turkey
- $1.5billion
- Turkey → Greece
- $4.6billion
- Greece’s balance
- -$3.1billion
Balance
Greece’s trade balance with Turkey
Trade between Greece and Turkey grew 12.6-fold since 1995
USD billions (current). Greece’s exports and imports; bars: its balance (green surplus, red deficit).
- Exports 1.5
- Imports 4.6
- Balance -3.1
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $238 million | $240 million | -$1 million |
| 1996 | $334 million | $264 million | $70 million |
| 1997 | $473 million | $326 million | $147 million |
| 1998 | $348 million | $398 million | -$50 million |
| 1999 | $342 million | $407 million | -$65 million |
| 2000 | $484 million | $462 million | $22 million |
| 2001 | $295 million | $527 million | -$233 million |
| 2002 | $349 million | $644 million | -$295 million |
| 2003 | $462 million | $986 million | -$525 million |
| 2004 | $642 million | $1.3 billion | -$629 million |
| 2005 | $983 million | $1.2 billion | -$257 million |
| 2006 | $1.1 billion | $1.7 billion | -$653 million |
| 2007 | $1 billion | $2.4 billion | -$1.3 billion |
| 2008 | $1.2 billion | $2.6 billion | -$1.4 billion |
| 2009 | $1.2 billion | $1.9 billion | -$703 million |
| 2010 | $1.7 billion | $1.6 billion | $102 million |
| 2011 | $2.6 billion | $1.7 billion | $897 million |
| 2012 | $3.5 billion | $1.5 billion | $2 billion |
| 2013 | $4.1 billion | $1.5 billion | $2.6 billion |
| 2014 | $4.5 billion | $1.6 billion | $2.9 billion |
| 2015 | $2 billion | $1.5 billion | $429 million |
| 2016 | $1.4 billion | $1.6 billion | -$156 million |
| 2017 | $2 billion | $1.7 billion | $263 million |
| 2018 | $2.2 billion | $2.4 billion | -$248 million |
| 2019 | $2.2 billion | $2.2 billion | -$29 million |
| 2020 | $1.5 billion | $1.8 billion | -$336 million |
| 2021 | $2.2 billion | $3.1 billion | -$875 million |
| 2022 | $2.3 billion | $3.1 billion | -$827 million |
| 2023 | $1.8 billion | $3.1 billion | -$1.4 billion |
| 2024 | $1.5 billion | $4.6 billion | -$3.1 billion |
What they sell each other
What Greece sells to Turkey
The top 10 headings in 2024, with their share of the total.
What Turkey 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 Istanbul is 369 nautical miles (684 km) long: ≈ 1 day at sea (at 18 and 14 knots).
Passages it crosses: Dardanelles.
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
Turkey was Greece’s 5th largest trading partner (4% of its trade), and Greece was Turkey’s 26th (1%).
- Turkey in Greece’s trade
- 4.2%
- Turkey’s rank among Greece’s partners
- 5th
- Greece in Turkey’s trade
- 1%
- Greece’s rank among Turkey’s partners
- 26th
Compare with
Other partners of Greece
Other partners of Turkey
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.