Is it possible to compress a file (tables in Excel) 10 times in zip format?

Question

Data archiving

Is it possible to compress a file (tables in Excel) 10 times in zip format? How to do it?
A file with Excel files weighs 2 GB, and compress them in zip format to 200 MB?

Answer 1

And you can save the excel file as a binary book (xlsb) - it greatly reduces the size.

Answer 2

Excel is already compressed in zip format.