Between 2020 and 2024, trade between Vietnam and Greece experienced encouraging growth, with EVFTA playing an important role. Although Greece is not Vietnam’s largest trade partner in the EU, there remains great cooperation potential, especially in areas where the two sides have complementary strengths, such as tourism, agriculture, technology, and logistics. Vietnam continues to maintain a trade surplus, confirming the competitiveness of Vietnamese goods in the Greek market.

According to data from the International Trade Centre (ITC) of the WTO, total bilateral trade between Vietnam and Greece in 2024 reached USD435 million, with Vietnam's exports to Greece amounting to USD366.6 million. Vietnam's key export items to Greece in 2024 included phones and components; computers, electronic products and components; coffee; footwear; textiles and garments; cashew nuts; seafood; and wood and wooden products.

Meanwhile, Vietnam’s imports from Greece in 2024 reached nearly USD68.5 million. Major imports included pharmaceuticals, various types of cotton, construction materials, machinery and spare parts, chemical products, iron and steel products, milk and dairy products, and olive oil.

In 2024, Vietnam recorded a trade surplus of nearly USD300 million with Greece, an increase of over 38% compared to 2020 — the year EVFTA came into effect — when the surplus stood at USD184.5 million.

Vietnam–Greece Trade Turnover and Surplus, 2020–2024
Unit: thousand USD

According to the ITC (WTO), in the first four months of 2025, bilateral trade between Vietnam and Greece reached nearly USD196 million, with Vietnam exporting USD156 million and importing nearly USD40 million from Greece. Vietnam achieved a trade surplus of over USD116 million in this period.

Each month in early 2025, Vietnam maintained a trade surplus with Greece.

Vietnam–Greece Trade Turnover and Surplus in the First 4 Months of 2025
Unit: million USD

In the first four months of 2025, Vietnam’s exports to Greece exceeded USD156 million, up 22% compared to the same period in 2024. Phones and components were the largest export category, reaching nearly USD45 million, up 12% year-on-year. Coffee ranked second, with exports valued at nearly USD16.8 million, up 20%.

According to Vietnam Customs, imports from Greece in the first four months of 2025 totaled nearly USD40 million, up 7.93% year-on-year. In April alone, imports reached nearly USD10.7 million, down over 20% compared to April 2024.

Vietnam’s Imports from Greece in April 2025 and Jan–Apr 2025
Unit: thousand USD

T.Huong

Source: Vitic