Greece maintained a trade surplus with the US in the period 2022-2024.
According to data from the Ministry of Rural Development and Food, the trade surplus in agricultural products and food rose 7.4% to 573.6 million euros in 2023 from 534.1 million euros in 2022 while in 2024 it increased by 17% and to 671.1 million euros.
"The imposition of tariffs by the United States government on agricultural products from European countries is a worrying development. Greece exports significant quantities of basic agricultural products to the US, such as feta cheese, olives, olive oil and compotes, and unfortunately, the new tariffs are expected to hit these sectors," Minister of Rural Development and Food, Kostas Tsiaras, told the Athens-Macedonian Agency, adding, "the US market is extremely important for all Greek products. We must have a strategy that will allow us to exploit the uniqueness of Greek products, seeking exemptions from the tariff regime, especially since many of them are not competitive with products produced in the US. We will make every effort in this direction."
According to the competent minister, "the Trump tariffs, however, show something else: The need to accelerate efforts to find new markets for Greek products. We must redirect our exports and invest in new strategic markets, which offer growth prospects for Greek products. Furthermore, Europe, as a society of 450 million people, has the power and the means to redesign its policies and seek new directions for its products."