Twenty-three Greek export products to the United States will be impacted by the sweeping Trump tariffs that have upended global trade and the finance markets. According to a recent study published by the National Bank of Greece (NBG) the US market has remained a key area for these specific products, which include food, construction materials, and electrical equipment.
These products have cumulative exports exceeding €10 million and show high dependency on the U.S. market, with more than 10% of their total exports going to the United States.
The affected products exported to the US market have played a significant role over the last six years (2019–2024), contributing between 10% and 70% of export growth in those categories.
The food sector is Greece’s largest export category to the U.S., with cumulative exports of €3.2 billion from 2019 to 2024, with nine products meeting the vulnerability criteria, with olives and olive oil topping the list.
Each product recorded exports of around €1 billion over the six-year period with U.S. exposure ranging from 20% to 30%.
Olive oil export figures include an estimated €700 million in indirect flows to the U.S. via Italy and Spain, which absorb roughly 70% of Greek olive oil exports to use in their own branded production.
Other food products with high exposure to the U.S. market include wine (17%), as well as fruits such as processed peaches, kiwis, and figs (each around 10%).
Beyond the food sector, several other categories stand out from the Greek exports to the U.S. Cement exports to the U.S. amounted to €600 million over six years, with America accounting for half of those shipments. Marble exports show an 18% exposure, while in electrical equipment, products like resistors and circuit connectors have U.S. market dependencies of 80% and 30%, respectively. Other consumer products, including jewelry and fur goods, also face exposure levels ranging from 10% to 25%.
