Greece - Customs and duties

The import tariff protects domestic products and provides a source of government revenue. Many Greek industries are not yet large enough or sufficiently modern to compete in price with foreign products, either in markets abroad or in Greece itself. As a full member of the European Union since 1981, Greece eliminated its remaining tariffs and quotas on imports from EU nations by 1986 and aligned its own tariffs on imports from other countries with those of EU members. Greek exports to EU countries are tariff-free. Imports from non-EU countries are subject to the EU's common customs tariff. Most raw materials enter duty-free, while manufactured goods have rates between 5% and 7%. Textiles, electronics, and some food products have higher rates. Motor vehicles, yachts, and motorcycles are subject to special duties. In addition, Greece imposes an 8% to 18% value-added tax and special consumption taxes on alcohol and tobacco up to 150%.