Tobacco Export of Greece: A Comprehensive Trade Analysis

Tobacco is an agricultural product belonging to the Nicotiana genus. It is traded globally due to the higher consumer demand in developing markets and the cultural and social factors. Greece, based in southeastern Europe, sharing borders with Albania and Turkey in the north and northeast direction, has emerged as the leading exporter of tobacco in the international trade market. Key products like cigars and cigarettes are dominating the category export with an annual share of 35%. Greece Import Data says that the active participation of Greece in the European Union trade agreements and the stability via the introduction of the euro as a reliable currency have benefited the overall trade rate.

The establishment of brands like Karelia and the adherence to international quality standards have resulted in an export trade value of tobacco worth 12 billion US dollars in 2024. The engagement of experienced farmers in the long-standing tradition of tobacco and the favorable climatic conditions have been benefiting the overall trade rate. Subscribe to Import Globals, the Greece import export data provider, to stay updated with the latest information regarding the tobacco export of Greece via the Greece Trade Data.

WHY IS TOBACCO A GLOBALLY TRADED COMMODITY?

Tobacco right now is one of the topmost traded agricultural commodities because of its global trade importance. The higher consumer consumption, especially in the developing regions, has been favoring the global trade of tobacco. Despite its hazardous health concerns, the increasing consumer preference has been promoting global trade. Emerging markets like Asia, Africa, and the Middle East have actively contributed to the growing global trade of tobacco.

Different variants like cigarettes, cigars, and chewing tobacco are catering to the consumer preferences and cultural practices. The multinational companies are playing a crucial role in facilitating international trade. The adaptability of savior crops to different climates has made it a profitable deal for the top trade authorities.

THE LEADING VARIANTS OF TOBACCO EXPORTED FROM GREECE IN 2024

In comparison to the gradually increasing global demand for tobacco, Greece has actively recorded a diversification in its export portfolio to counter the trade demands. According to the Greece Export Data, the top 10 leading variants of tobacco exported from the nation in 2024 are,

Cigarettes — The annual valuation of Cigarettes exported from Greece in 2024–3.21 billion US dollars
Cigars and Cigarillos- The annual valuation of Cigars and Cigarillos exported from Greece in 2024–2.89 billion US dollars
Unmanufactured Tobacco- The annual valuation of Unmanufactured Tobacco exported from Greece in 2024–2.24 billion US dollars
Homogenized or Reconstituted Tobacco- The annual valuation of Homogenized or Reconstituted Tobacco exported from Greece in 2024–1.87 billion US dollars
Chewing Tobacco- The annual valuation of Chewing Tobacco exported from Greece in 2024–1.65 billion US dollars.
Snuff- The annual valuation of Snuff exported from Greece in 2024–1.42 billion US dollars
Heated Tobacco Products- The annual valuation of Heated Tobacco Products exported from Greece in 2024–1.28 billion US dollars
Tobacco Extracts and Essences- The annual valuation of Tobacco Extracts and Essences exported from Greece in 2024–1.19 billion US dollars
Tobacco Stems and Refuse- The annual valuation of Tobacco Stems and Refuse exported from Greece in 2024–900 million US dollars.
Tobacco Seeds- The annual valuation of Tobacco Seeds exported from Greece in 2024–800 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF GREECE IN 2024

Driven mostly by the growing consumer preferences and the initiatives taken by the authorities towards supply chain integration, the country has established a bilateral trade relationship with the topmost tobacco importers worldwide. According to the Greece Customs Data, the top 10 export trade partners of the nation for tobacco export in 2024 are,

1. Italy — The total value of tobacco exported from Greece to Italy in 2024–3.21 billion US dollars