🇬🇷 Greece vs 🇦🇷 Argentina Tariffs — Import Duty Comparison (2026)

🇬🇷

Greece

EU Deal Rate15%

Section 301N/A

Section 232 (Metals)50%

Trade AgreementNone

Trade Volume$4B

Base Effective Rate15%

🇦🇷

Argentina

Section 122 Rate10%

Section 301N/A

Section 232 (Metals)50%

Trade AgreementNone

Trade Volume$14B

Base Effective Rate10%

Product Overlap

Both countries export these product categories to the US:

Aluminum

🇬🇷 Greece Advantages

+Unique export categories: Petroleum products, Olive oil, Marble

🇦🇷 Argentina Advantages

+Lower overall tariff rate (10% vs 15%)
+Higher US trade volume ($14B vs $4B)
+Unique export categories: Soybean oil, Crude oil, Gold

When choosing between Greece and Argentina as import sources, US businesses must weigh tariff rates, trade agreements, product availability, and supply chain logistics.

Argentina has a lower effective tariff rate (10%) compared to Greece (15%), a difference of 5%.

Both countries export Aluminum to the United States, creating direct competition in these sectors.

In terms of trade volume, Greece accounts for approximately $4B in bilateral trade with the US, compared to Argentina's $14B.

Greece is an EU member and trades under the EU-US deal effective July 1, 2026 — a 15% all-inclusive ceiling with no stacking. Argentina is subject to the Section 301 forced-labor tariff that replaced the flat 10% Section 122 rate on July 24, 2026 — a two-tier 10%/12.5% duty on roughly 60 economies, broader than the earlier 46-country proposal.

Greece's advantages include: Unique export categories: Petroleum products, Olive oil, Marble. Argentina's advantages include: Lower overall tariff rate (10% vs 15%); Higher US trade volume ($14B vs $4B); Unique export categories: Soybean oil, Crude oil, Gold.

For most product categories, Argentina currently offers lower import costs due to its tariff advantage. However, importers should consider factors beyond tariffs including shipping costs, lead times, quality standards, and supply chain reliability.

Frequently Asked Questions

Which has lower tariffs — Greece or Argentina?

Argentina has a lower effective tariff rate (10% vs 15%). The gap reflects the EU's 15% deal ceiling versus the 10%/12.5% forced-labor tariff on non-EU countries.

Should I switch sourcing from Greece to Argentina?

The decision depends on more than tariff rates. Consider total landed cost (shipping, insurance, customs fees), lead times, quality standards, minimum order quantities, and supply chain reliability. The 5% tariff difference is significant but not the only factor. Also weigh durability: the EU's 15% deal rate has no expiry, while non-EU origins pay the Section 301 forced-labor tariff (10% or 12.5% by tier) that replaced Section 122 on July 24, 2026.

Do both Greece and Argentina face the same base tariff?

No — they are under different regimes as of July 1, 2026. Greece (EU) trades under the EU-US deal's 15% all-inclusive ceiling, which has no expiration date. Argentina is subject to the Section 301 forced-labor tariff that replaced the flat 10% Section 122 rate on July 24, 2026 — a two-tier 10%/12.5% duty on roughly 60 economies.

What products overlap between Greece and Argentina exports to the US?

Both countries export Aluminum to the US. Greece has total bilateral trade of ~$4B while Argentina has ~$14B.