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Trade between Greece and the United Kingdom

In 2024, Greece exported $2.1 billion to the United Kingdom and imported $1 billion. Greece ran a surplus of $1.1 billion with the United Kingdom, compared with a deficit of $23 million in 2019. The United Kingdom was Greece’s 15th largest trading partner (2% of its trade), and Greece was the United Kingdom’s 48th (0.3%).

Summary

Greece → United Kingdom
$2.1billion
United Kingdom → Greece
$1billion
Greece’s balance
$1.1billion

Balance

Greece’s trade balance with the United Kingdom

Trade between Greece and the United Kingdom grew 30% since 1995

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

  • Exports 2.1
  • Imports 1
  • Balance +1.1

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$684 million$1.7 billion-$1 billion
1996$715 million$2 billion-$1.2 billion
1997$721 million$1.8 billion-$1.1 billion
1998$676 million$1.9 billion-$1.3 billion
1999$694 million$2 billion-$1.3 billion
2000$730 million$1.6 billion-$841 million
2001$732 million$1.4 billion-$625 million
2002$909 million$1.4 billion-$464 million
2003$1.2 billion$1.9 billion-$739 million
2004$1.2 billion$2.3 billion-$1 billion
2005$1.3 billion$2.1 billion-$781 million
2006$1.3 billion$2.4 billion-$1.1 billion
2007$1.4 billion$2.7 billion-$1.4 billion
2008$1.3 billion$3 billion-$1.6 billion
2009$908 million$2.4 billion-$1.5 billion
2010$1.1 billion$1.9 billion-$838 million
2011$1.2 billion$1.8 billion-$674 million
2012$1.1 billion$1.4 billion-$323 million
2013$1.4 billion$1.5 billion-$138 million
2014$1.3 billion$1.6 billion-$336 million
2015$1.2 billion$1.4 billion-$207 million
2016$1.3 billion$1.3 billion-$52 million
2017$1.2 billion$1.3 billion-$105 million
2018$1.3 billion$1.5 billion-$252 million
2019$1.3 billion$1.3 billion-$23 million
2020$1.4 billion$1.1 billion$250 million
2021$1.3 billion$830 million$460 million
2022$2 billion$922 million$1.1 billion
2023$2 billion$1 billion$1 billion
2024$2.1 billion$1 billion$1.1 billion

What they sell each other

What Greece sells to the United Kingdom

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

  1. Medicines in measured doses or retail packs$221 million · 10.6%
    4 thousand tonnes · Greece’s destinations
  2. Refined petroleum$184 million · 8.8%
    256 thousand tonnes · Greece’s destinations
  3. Cables and wire$162 million · 7.8%
    34 thousand tonnes · the United Kingdom’s sources
  4. Yogurt and fermented milk$161 million · 7.7%
    51 thousand tonnes
  5. Cheese$123 million · 5.9%
    15 thousand tonnes · the United Kingdom’s sources
  6. Copper pipes$87 million · 4.2%
    8 thousand tonnes
  7. Canned vegetables$62 million · 3%
    12 thousand tonnes
  8. Gas, water and electricity meters$59 million · 2.8%
    2 thousand tonnes
  9. Preserved fruit and nuts$57 million · 2.7%
    27 thousand tonnes
  10. Aluminum sheet$52 million · 2.5%
    13 thousand tonnes

What the United Kingdom sells to Greece

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

  1. Cars$138 million · 13.8%
    8 thousand tonnes · the United Kingdom’s destinations
  2. Spirits$78 million · 7.7%
    10 thousand tonnes
  3. Unwrought aluminum$52 million · 5.2%
    17 thousand tonnes
  4. Copper scrap$37 million · 3.7%
    4 thousand tonnes
  5. Trucks$35 million · 3.5%
    3 thousand tonnes · the United Kingdom’s destinations
  6. Yachts and pleasure boats$27 million · 2.7%
    408 tonnes
  7. Medicines in measured doses or retail packs$27 million · 2.7%
    688 tonnes · the United Kingdom’s destinations
  8. Deodorants, shaving and bath products$23 million · 2.3%
    2 thousand tonnes
  9. Turbojets and gas turbines$23 million · 2.3%
    12 tonnes · the United Kingdom’s destinations
  10. Detergents and surfactants$21 million · 2.1%
    10 thousand tonnes

How it travels

Estimated sea route from Piraeus to Felixstowe.

The estimated sea route between Piraeus and Felixstowe is 2,880 nautical miles (5,333 km) long: ≈ 6.5–8.5 days at sea (at 18 and 14 knots).

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

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$2.8 billion · 89.2%
  2. Air$335 million · 10.8%

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

How much each matters to the other

The United Kingdom was Greece’s 15th largest trading partner (2% of its trade), and Greece was the United Kingdom’s 48th (0.3%).

The United Kingdom in Greece’s trade
2.2%
The United Kingdom’s rank among Greece’s partners
15th
Greece in the United Kingdom’s trade
0.3%
Greece’s rank among the United Kingdom’s partners
48th

Compare with

Other partners of Greece

Other partners of the United Kingdom

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.