The most valuable Greek exports also include medicines, olive oil and aluminum both as a material and related products including aluminum foil. Fresh fish, computers, smartphones, cheese and cigars are other export products where Greece demonstrates competitive advantages.
The following list shows on which product categories Greek exporters generated relatively high international sales. Unlike most information currently available on the web, the items below are detailed at the 4-digit tariff code level.
This level of detail can help entrepreneurs identify more precisely which products for which Greece enjoys strong demand and competitive advantages compared with other nations. Innovation can transform these insights into lucrative business opportunities.
For the most recent four-digit HTS code data, please see the Searchable List of Greece’s Most Valuable Exports Products section in the Greeces’s Top 10 Exports article. For a link to that article, see the See also paragraph above Research Sources below.
Highest Value Greek Export Products
Below are the 20 highest value export products delivered to Greece’s international customers in 2017. Shown within brackets is the change in value for each exported product year over year.
- Processed petroleum oils: US$9.6 billion (up 31.6% since 2016)
- Medication mixes in dosage: $1.2 billion (up 16.6%)
- Aluminum plates, sheets, strips: $676.9 million (up 11%)
- Whole fish (fresh): $581.2 million (up 3.5%)
- Olive oil: $542 million (down -16.2%)
- Other prepared/preserved vegetables (non-frozen): $503 million (up 10.1%)
- Cheese, curd: $483.1 million (up 8.7%)
- Copper tubes, pipes: $480.6 million (up 29.1%)
- Computers, optical readers: $442.5 million (down -14.7%)
- Cotton (uncarded, uncombed): $395 million (up 14.8%)
- Aluminum bars/rods: $341.3 million (up 20.2%)
- Miscellaneous preserved fruits: $320.1 million (down -1.8%)
- Aluminum foil (thin): $315.4 million (up 15.9%)
- Aluminum (unwrought): $314.4 million (up 28.7%)
- Cigars/cigarellos, cigarettes: $301.8 million (down -10.1%)
- Monument/building stone: $299.8 million (up 84.5%)
- Insulated wire/cable: $243.6 million (up 1.7%)
- Hydraulic cements: $230 million (down -7.5%)
- Phone system devices including smartphones: $215.8 million (down -2.9%)
- Other food preparations: $212.2 million (up 14.8%)
Among these product categories, monument and building stone posted the greatest increase in Greek export sales with a 84.5% gain year over year.
In second place were exported refined petroleum oils which grew 31.6%.
Greek exports of copper tubes and pipes also showed a respectable gain since 2016 up 29.1%.
Leading the decliners were exported olive oil (down -16.2%), computers including optical readers (down -14.7%) and cigars, cigarellos or cigarettes (down -10.1%).
See also Greece’s Top 10 Exports, Greece’s Top 10 Imports and Greece’s Top Trading Partners
Research Sources:
International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on February 20, 2018
The World Factbook, Field Listing: Exports and World Population, Central Intelligence Agency. Accessed on February 20, 2018
Trade Map, International Trade Centre, www.intracen.org/marketanalysis. Accessed on February 20, 2018