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India - Greece Business and Cultural Council

Greece, located in southeastern Europe, is renowned for its ancient history, including landmarks like the Acropolis. Known for its stunning landscapes, Mediterranean climate, and cultural contributions to philosophy and democracy, it remains a key destination for history and tourism.

Ambassador and Consul General

The Global India Business Forum team met the Minister – Counsellor for Economic and Commercial Affairs, Embassy of Greece in New Delhi, Yerassimos Lazaris. Global President of GIBF, Dr. Jitendra Joshi and Co-Founder & Director - Global Operations, Deepali Gadkari explained the objectives of GIBF and the work done until now. GIBF and the Embassy agreed to work closely for various MSME business delegations and support each other to boost India-Greece bilateral relationship.

Packaged Medicaments, Petroleum Gas, Aluminium Plating, and Pure Olive Oil

Petroleum, Petroleum Gas, Refined Petroleum, Packaged Medicaments, and Cars

About Greece

Greece, the southernmost of the countries of the Balkan Peninsula. Greece is home to over 2,000 islands, with approximately 170 of them being inhabited. Several of the easternmost Aegean islands are located just a short distance from the Turkish coast. The capital of the country is Athens, which experienced rapid expansion during the latter part of the 20th century. Attikí (known as Attica in ancient Greek), the region surrounding the capital, currently houses around one-third of the total population of the country. Greece is a nation that embodies European, Balkan, Mediterranean, and Near Eastern characteristics. It is situated at the intersection of Europe, Asia, and Africa and carries the legacies of Classical Greece, the Byzantine Empire, and nearly 400 years of Ottoman Turkish dominion.
Greece's Mediterranean climate experiences various regional and local variations due to the country's diverse geography. During winter, low-pressure disturbances from the North Atlantic Ocean move southward, bringing warm, moist westerly winds. When these disturbances reach the Aegean region, they can bring in cold air from the eastern Balkans, which are exposed to climatic extremes from Eurasia due to the absence of western influences, thanks to the shelter provided by the Dinaric Mountain system.

Business Opportunities in Greece

Greece is one of the top global tourist destinations for sun and beach holidays, and also provides attractive propositions for year-round themed holidays. The competitive advantages of Greece, such as rich cultural heritage, natural beauty and geographical variety, have been attracting significant tourism investments in recent years.
Olive oil, one of Greece’s signature products, from ancient times until today, and a steady staple of the Mediterranean diet, strongly rooted in the very history of Greece. Fish farming holds a leading position in Greece’s Food industry, and it is a top industry sector in the EU characterized by strong market consolidation. Investing in the consolidation and expansion of aquaculture facilities and the improvement of competitiveness, operating efficiency and market access can yield significant returns for this sector based on its growth potential and existing market positioning.

Exports and Imports In Greece

Overview In 2022, Greece was the number 54 economy in the world in terms of GDP (current US$), the number 57 in total exports, the number 45 in total imports, the number 50 economy in terms of GDP per capita (current US$) and the number 50 most complex economy according to the Economic Complexity Index (ECI).

Top Exports of Greece

The top exports of Greece are Refined Petroleum ($16.4B), Packaged Medicaments ($2.74B), Petroleum Gas ($1.85B), Aluminium Plating ($1.17B), and Pure Olive Oil ($863M), exporting mostly to Italy ($5.82B), Bulgaria ($3.62B), Germany ($3.45B), Cyprus ($2.92B), and Turkey ($2.54B).

Top Imports of Greece

The top imports of Greece are Crude Petroleum ($13.1B), Petroleum Gas ($8.38B), Refined Petroleum ($6.69B), Packaged Medicaments ($2.57B), and Cars ($2.16B), importing mostly from China ($11B), Germany ($8.78B), Russia ($8.74B), Italy ($6.73B), and Iraq ($6.27B).

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The GIBF brochure gives you comprehensive insight of all the events and programs that we have conducted over a period of time. Download

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