What is the value of US trade with Greece?
Updates published annually
$9.15 billion in imports and $4.82 billion in exports in 2024. That means that the US imported $4.33 billion more from Greece than we exported to it. Benefits of trade can include higher wages and job growth, a wider variety of products available at lower prices, increased productivity, and more efficient resource allocation.
$9.15B
Value of imports from Greece to the US (2024)
$4.82B
Value of exports from the US to Greece (2024)
Exports are goods and services the US sells to other countries. Imports are goods and services the US buys from other countries. Combining the value of imports and exports shows us how much trade happens between the US and other countries.
The Bureau of Economic Analysis (BEA) provides data for 71 of the US' trading partners (though not necessarily the top 71 trading partners). The partners they track accounted for 94.3% of total trade with the US in 2024.
BEA data ranks Greece as the US’ 51st top trading partner: In 2024, the US traded $14 billion in goods and services with Greece. Countries with similar trade values include Finland ($14.6B) and Nigeria ($13B).
In 2024, the US traded $14 billion in goods and services with Greece.
Total trade value (imports + exports) with the US (2024), by select countries
Another way to look at international trade is through trade balance. A nation that imports more than it exports, has a trade deficit. One that exports more than it imports has a trade surplus. Neither is inherently good or bad; trade balance is just a metric that shows the relationship between imports and exports.
The US has had a trade deficit with Greece every year from 2010 through 2024. The 2024 deficit was $4.33 billion, a decrease from 2023's deficit of $4.41 billion.
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The trade deficit with Greece increased to $4.33B in 2024.
Annual trade balance with Greece, not adjusted for inflation
In 2024, 70.1% of imports from Greece to the US were services. The largest category was travel (money leaving the US by Americans spending on things like lodging, meals, transportation, and entertainment abroad), accounting for $4.26 billion. The top three imports were travel, transport (transactions associated with moving people and property from one location to another, like passenger flights and ocean cargo shipping), and business services (like R&D, consulting, and tech services). These categories accounted for $5.77 billion of total imports.
The other 29.9% were goods, with industrial supplies and materials (items used up in the production process, like oil, chemicals, and plastic) being the largest goods category. Industrial supplies and materials accounted for $1.13 billion.
Travel made up 46.6% of US imports from Greece in 2024.
US imports from Greece by category (2024)
In 2024, more US exports to Greece were goods — 57.5%. The largest export was industrial supplies and materials, which accounted for a value of $1.33 billion. The top three exports were industrial supplies and materials, capital goods (tools used for the production process, like machinery and equipment), and other merchandise. These categories accounted for $2.54 billion of exports to Greece.
The other 42.5% were services, with transport being the largest service category. Transport accounted for $804 million.
Industrial supplies and materials made up 27.6% of US exports to Greece in 2024.
US exports to Greece by category (2024)
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Methodology
USAFacts standardizes data, in areas such as time and demographics, to make it easier to understand and compare.
The analysis was generated with the help of AI and reviewed by USAFacts for accuracy.
