The United States and Greece have a long-standing trade relationship that continues to grow and evolve. In this article, we’ll explore the top 10 products traded between these two nations, highlighting key statistics and trends. Whether you’re a business owner looking for new opportunities or simply curious about international trade, this information will give you valuable insights into the economic ties between the USA and Greece.
1. Petroleum Products
Petroleum products, including gas and oil, are the most significant items traded between the USA and Greece. The United States exports large amounts of petroleum gas to Greece, while Greece sends petroleum coke back to the USA.
In 2023, the USA exported $553 million worth of petroleum gas to Greece. This makes it the top export from the United States to Greece. On the other hand, Greece exported $13.9 million of petroleum coke to the USA in November 2024 alone.
The energy sector plays a crucial role in the trade relationship between these two countries, with both nations benefiting from the exchange of various petroleum products.
2. Processed Foods
Greece is known for its delicious cuisine, and it’s no surprise that processed foods are a major export to the United States. In 2023, Greece exported $198 million worth of processed vegetables to the USA, making it the top Greek export to America.
Other processed foods from Greece that are popular in the US market include:
- Other processed fruits and nuts
- Dairy products
- Olive oil
In November 2024, the USA imported $15.9 million of processed vegetables and $14.3 million of other processed fruits and nuts from Greece.
3. Machinery and Equipment
Both countries exchange various types of machinery and equipment. The United States exports gas turbines and other high-tech machinery to Greece, while Greece sends electrical and electronic equipment to the USA.
In 2023, the USA exported $103 million worth of gas turbines to Greece. Greece, in turn, exported $167.82 million of electrical and electronic equipment to the United States in 2024.
This trade in machinery shows the technological exchange between the two nations, with each country providing specialized equipment to meet the other’s needs.
4. Aluminum Products
Aluminum is an important material in many industries, and it features prominently in the trade between the USA and Greece. Greece is a significant exporter of aluminum products to the United States.
In 2023, Greece exported $129 million worth of aluminum plating to the USA. The following year, in 2024, total aluminum exports from Greece to the United States reached $214.07 million.
This trade in aluminum highlights Greece’s strong manufacturing capabilities in this sector and the demand for these products in the US market.
5. Cement and Building Materials
The construction industry benefits from the trade between these two countries, particularly through the exchange of cement and other building materials.
Greece exported $185 million worth of cement to the United States in 2023. In November 2024 alone, cement exports from Greece to the USA totaled $17.5 million.
This trade helps support construction projects in the United States while providing a valuable market for Greek cement producers.
6. Agricultural Products
Both countries exchange various agricultural products, reflecting their diverse agricultural sectors.
The United States exports fruits, nuts, and other agricultural goods to Greece. In 2024, US exports of edible fruits, nuts, and citrus peels to Greece were valued at $36.14 million.
Greece, known for its Mediterranean diet staples, exports olive oil, honey, and other agricultural products to the USA. Pure olive oil exports from Greece to the USA were valued at $1.35 billion in 2023.
7. Pharmaceuticals
The pharmaceutical industry plays a significant role in the trade between these two countries, especially in Greek exports to the USA.
In 2023, Greece’s packaged medicaments (prepared medicines) exports to various countries, including the USA, were valued at $3.07 billion. This makes pharmaceuticals one of Greece’s top export categories.
The United States, with its large healthcare market, is an important destination for Greek pharmaceutical products.
8. Transportation Equipment
Both countries trade various types of transportation equipment, including aircraft and spacecraft parts.
In 2024, the United States exported $561.42 million worth of aircraft and spacecraft to Greece. This category includes not only complete vehicles but also parts and components.
Greece also exports some transportation-related products to the USA, although on a smaller scale.
9. Metals and Metal Products
The trade in metals and metal products is significant between the two countries. This category includes various items made from iron, steel, and other metals.
In 2024, the United States exported $106.22 million worth of iron and steel products to Greece. Greece, in turn, exported $55.34 million of articles made from iron or steel to the USA in 2023.
This exchange of metal products supports manufacturing and construction industries in both countries.
10. Scientific and Medical Equipment
The trade in high-tech scientific and medical equipment showcases the advanced manufacturing capabilities of both nations.
In 2024, the United States exported $199.52 million worth of optical, photographic, technical, and medical apparatus to Greece. This category includes a wide range of sophisticated equipment used in healthcare, research, and various industries.
Greece also exports some scientific equipment to the USA, contributing to the exchange of technology between the two countries.