Country exposure · GR

Greece
Europe · Athens · parliamentary republic
What Greece means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$2.3B
U.S. imports, 2025
+0.6%
change in one year
$2.5B
U.S. exports, 2025
10M
Population
$257.1B
GDP
In your house
What you buy that Greece makes
America bought $2.3B in goods from Greece in 2025. Of every $100 of it, here's where the money went.
Vegetables
vegetables
Fruits, frozen juices
fruit and frozen juices
Bauxite and aluminum
aluminum for cans and autos
U.s. goods returned, and reimports
Drilling & oilfield equipment
Electric apparatus
Other consumer nondurables
Stone, sand, cement, etc.
cement, stone, sand
Food oils, oilseeds
Dairy products and eggs
dairy and eggs
2026 so far (through April): $670M in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Greece
$2.5B in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Gas-natural
$782MCopper
$168MSteelmaking materials
$132MMeasuring, testing, control instruments
$113MNatural gas liquids
$105MPlastic materials
$94Mplastics for packaging and goods
Minimum value shipments
$76MParts for military-type goods
$67MPetroleum products, other
$52MWhere you stand
U.S. tariff posture toward Greece
Since February 24, 2026 most EU goods face the universal 10% Section 122 temporary import surcharge, which replaced the framework's 15% all-inclusive IEEPA structure when EO 14389 terminated the reciprocal tariffs. The framework's Section 232 terms persist: EU autos at 15%, and the April 2026 metals expansion expressly preserved the EU's trade-agreement-partner treatment (steel and aluminum otherwise at 50%).
The United States negotiates tariffs with the European Union as a single market — every measure here applies to Greece as an EU member.
Reciprocal tariff (assigned — terminated)
20%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Section 232 sectors
Autos, Wood
Steel, aluminum, autos, and similar national-security tariffs that name this country.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward the European Union — and with it Greece — has changed 11 times since 2025. This page tracks it.
2026-04-06
EU treatment preserved in expanded metals tariffs
In effectThe April 2026 proclamation expanding Section 232 coverage of aluminum, steel, and copper derivatives expressly does not alter or supersede the prior U.S.–EU agreement implementation, and lists the EU among 'Trade Agreement Partners' eligible for its exclusion process.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including those under EO 14257, the basis of the EU's 15% all-inclusive structure — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them. The framework's Section 232 terms (the 15% EU autos cap, metals carve-outs) rest on separate authority and were expressly unaffected.
91 FR 9437 →2025-09-25
Framework implemented: preferential treatment for certain EU goods
In effectActing under the September 8, 2025 procedures order, Commerce and USTR modified the HTSUS to implement the framework — preferential (zero) reciprocal treatment for certain EU goods and a reduction of the Section 232 automobile and parts duty to 15% for EU-origin vehicles.
90 FR 46136 →2025-08-21
U.S.–EU Framework Agreement joint statement
AgreementThe United States and the European Union issued the Joint Statement on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade: the U.S. committed to the 15% all-inclusive ceiling, zero reciprocal duty on certain products, and a cut of the Section 232 automobile duty to 15%; the EU committed to eliminate tariffs on U.S. industrial goods and expand agricultural access, plus $750B in U.S. energy procurement through 2028.
Source ↗2025-08-07
15% all-inclusive structure replaces the 20% rate
In effectThe July 31, 2025 order ('Further Modifying the Reciprocal Tariff Rates') gave the EU a unique structure effective August 7, 2025: for goods with an MFN (Column 1) rate below 15%, the reciprocal duty tops the total up to exactly 15%; goods with an MFN rate of 15% or higher pay no additional reciprocal duty.
Federal Register · 2025-15010 →2025-07-09
Reciprocal-rate pause extended to August 1
In effectThe July 7, 2025 order extended the suspension of country-specific reciprocal rates through August 1, 2025, keeping the EU at the 10% baseline while framework talks continued.
90 FR 30823 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% effective June 4, 2025, with no EU carve-out.
90 FR 24199 →2025-04-10
90-day pause suspends the 20% rate back to 10%
In effectThe April 9, 2025 modification order suspended country-specific reciprocal rates for 90 days for all partners except China, returning the EU to the 10% universal baseline effective April 10, 2025 while negotiations proceeded.
90 FR 15625 →2025-04-09
EU country-specific reciprocal rate of 20% takes effect
In effectAnnex I of Executive Order 14257 assigned the European Union a 20% country-specific reciprocal rate, effective April 9, 2025 — the rate still carried for the EU in the HTS Chapter 99 Subchapter III note.
Federal Register · 2025-06063 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, including the EU, effective April 5, 2025. The order singled out the EU's 5% average MFN rate and 10% passenger-vehicle tariff as examples of non-reciprocal treatment.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum arrangements terminated — 25% duties on EU metals
In effectProclamations of February 10, 2025 ended the EU's tariff-rate-quota arrangements for steel and aluminum and raised the aluminum duty from 10% to 25%, applying 25% Section 232 duties to EU steel and aluminum effective March 12, 2025.
90 FR 9817 →
Made for America
What Greece makes for America
Greece is a direct U.S. source of 12 essential goods Americans rely on — the items themselves, shipped finished off the line.
food
5% of U.S.Canned and shelf-stable foods
$363M to the U.S.
materials
2% of U.S.Aluminum and aluminum products
$212M to the U.S.
logistics
3% of U.S.Water infrastructure supplies
$104M to the U.S.
home
12% of U.S.Razors & shaving
$102M to the U.S.
food
1% of U.S.Cooking oils
$83M to the U.S.
food
5% of U.S.Cheese
$82M to the U.S.
materials
2% of U.S.Cement and concrete
$69M to the U.S.
food
Seafood and fish
$60M to the U.S.
grocery
Fresh produce staples
$56M to the U.S.
home
1% of U.S.Personal care and hygiene
$46M to the U.S.
food
Snacks & confectionery
$35M to the U.S.
materials
Steel and iron products
$29M to the U.S.
Go deeper
The supply chain view
Greece sits upstream of 21 essential American goods through 12 tracked inputs.
manufactured
17%Razor-Blade Steel Strip (Martensitic Stainless)
energy
17%Panamax / Capesize Bulk Vessel Freight
manufactured
16%Pipeline Steel (Large-Diameter Line Pipe)
manufactured
5%Cement and cement mortar for pipe lining
mineral
5%Electrolytic Manganese Dioxide (EMD)
manufactured
5%Cookware Aluminum Sheet/Circle
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
Greece won independence from the Ottoman Empire in 1830 and became a kingdom. During the second half of the 19th century and the first half of the 20th century, it gradually added neighboring islands and territories, most with Greek-speaking populations. In World War II, Greece was first invaded by Italy (1940) and subsequently occupied by Germany (1941-44); fighting endured in a protracted civil war between supporters of the king and other anti-communist and communist rebels. The communists were defeated in 1949, and Greece joined NATO in 1952. In 1967, a military coup forced the king to flee the country. The ensuing military dictatorship collapsed in 1974, and Greece abolished the monarchy to become a parliamentary republic. In 1981, Greece joined the EC (now the EU); it became the 12th member of the European Economic and Monetary Union in 2001. From 2009 until 2019, Greece suffered a severe economic crisis due to nearly a decade of chronic overspending and structural rigidities. Beginning in 2010, Greece entered three bailout agreements -- the first two with the European Commission, the European Central Bank, and the IMF; and the third in 2015 with the European Stability Mechanism -- worth in total about $300 billion. The Greek Government formally exited the third bailout in 2018, and Greece's economy has since improved significantly. In 2022, the country finalized its early repayment to the IMF and graduated on schedule from the EU's enhanced surveillance framework.

Geography
- Location
- Southern Europe, bordering the Aegean Sea, Ionian Sea, and the Mediterranean Sea, between Albania and Turkey
- Area
- 131,957 sq km
- Climate
- temperate; mild, wet winters; hot, dry summers
- Terrain
- mountainous with ranges extending into the sea as peninsulas or chains of islands
- Natural resources
- lignite, petroleum, iron ore, bauxite, lead, zinc, nickel, magnesite, marble, salt, hydropower potential
- Coastline
- 13,676 km
- Natural hazards
- severe earthquakes volcanism: Santorini (367 m) has been deemed a Decade Volcano by the International Association of Volcanology and Chemistry of the Earth's Interior, worthy of study due to its explosive history and close proximity to human populations; Methana and Nisyros in the Aegean are also classified as historically active
People & society
- Population
- 10,424,536 (2025 est.)
- Nationality
- Greek(s)
- Ethnic groups
- Greek 91.6%, Albanian 4.4%, other 4% (2011 est.)
- Languages
- Greek (official) 99%, other (includes English and French) 1%
- Religions
- Greek Orthodox 81-90%, Muslim 2%, other 3%, none 4-15%, unspecified 1% (2015 est.)
- Median age
- 46.8 years (2025 est.)
- Life expectancy at birth
- 81.9 years (2024 est.)
Economy
- Economic overview
- high-income EU and eurozone economy; growth above euro average, supported by private consumption and EU fund investments; structural reforms strengthening public finances and enhancing resilience within banking system; declining unemployment but low labor productivity and skill shortages
- Industries
- tourism, food and tobacco processing, textiles, chemicals, metal products; mining, petroleum
- Agricultural products
- maize, wheat, sheep milk, oranges, tomatoes, milk, peaches/nectarines, grapes, watermelons, barley (2023)
- Exports - partners
- Italy 12%, Germany 6%, Cyprus 6%, Bulgaria 4%, USA 4% (2023)
- Imports - partners
- Germany 10%, China 10%, Italy 8%, Iraq 7%, Netherlands 6% (2023)
Government
- Government type
- parliamentary republic
- Capital
- Athens
- Independence
- 3 February 1830 (from the Ottoman Empire)
- Constitution
- many previous; latest entered into force 11 June 1975
- Executive branch
- President Konstantinos TASOULAS (since 13 March 2025)
- Legislative branch
- Hellenic Parliament (Vouli Ton Ellinon)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
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Page last updated: Wednesday, November 09, 2022