Greece's trade deficit widened to EUR 2.1 billion in September of 2021 from EUR 1.7 billion in the corresponding month of the previous year. Imports rose 37.2 percent year-on-year to EUR 5.8 billion as purchases from non-EU countries jumped 73 percent and those from EU countries soared 15.7 percent. Meanwhile, exports advanced 43.2 percent to EUR 3.7 billion, due to higher sales to both non-EU countries (59.7 percent) and EU countries (31.8 percent). Considering the first nine months of the year, the country’s trade gap widened to EUR 16.7 billion from EUR 13.8 billion in the same period a year ago. source: National Statistical Service of Greece

Balance of Trade in Greece averaged -2145.28 EUR Million from 2001 until 2021, reaching an all time high of -619.80 EUR Million in July of 2015 and a record low of -4328.60 EUR Million in March of 2007. This page provides - Greece Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.

Balance of Trade in Greece is expected to be -1610.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Balance of Trade is projected to trend around -1420.00 EUR Million in 2022 and -1360.00 EUR Million in 2023, according to our econometric models.

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Greece Balance of Trade


Calendar GMT Actual Previous Consensus TEForecast
2021-10-08 09:00 AM Aug €-2.19B €-2.12B €-1.8B
2021-11-05 10:00 AM Sep €-2.1B €-2.19B €-1.6B
2021-12-08 10:00 AM Oct €-2.1B


Related Last Previous Unit Reference
Balance of Trade -2111.20 -2199.30 EUR Million Sep/21
Imports 5807.50 4994.20 EUR Million Sep/21
Exports 3696.30 2794.90 EUR Million Sep/21

News Stream
Greek Trade Gap Widens in September
Greece's trade deficit widened to EUR 2.1 billion in September of 2021 from EUR 1.7 billion in the corresponding month of the previous year. Imports rose 37.2 percent year-on-year to EUR 5.8 billion as purchases from non-EU countries jumped 73 percent and those from EU countries soared 15.7 percent. Meanwhile, exports advanced 43.2 percent to EUR 3.7 billion, due to higher sales to both non-EU countries (59.7 percent) and EU countries (31.8 percent). Considering the first nine months of the year, the country’s trade gap widened to EUR 16.7 billion from EUR 13.8 billion in the same period a year ago.
2021-11-05
Greek Trade Shortfall Widens in August
Greece's trade deficit widened to EUR 2.19 billion in August of 2021 from EUR 1.53 billion in the corresponding month of the previous year. Imports rose 38.3 percent year-on-year to EUR 4.99 billion as purchases from non-EU countries jumped 57.3 percent and those from EU countries soared 21.4 percent. Meanwhile, exports advanced 34.6 percent to EUR 2.79 billion, due to higher sales to both non-EU countries (54.8 percent) and EU countries (18.9 percent). Considering the first eight months of the year, the country’s trade gap widened to EUR 14.61 billion from EUR 12.13 billion in the same period a year ago
2021-10-08
Greek Trade Gap Widens in July
Greece's trade deficit widened to EUR 2.12 billion in July of 2021 from EUR 1.64 billion in the corresponding month of the previous year. Imports rose 23.7 percent year-on-year to EUR 5.65 billion as the purchases from non-EU countries jumped 44.9 percent and those from EU countries grew 7.2 percent. Meanwhile, exports advanced 20.7 percent to EUR 3.530 billion, due to higher sales to both non-EU countries (22.8 percent) and EU countries (19.3 percent). Considering the first seven months of the year, the country’s trade gap widened to 12.38 billion from EUR 10.58 billion in the same period a year ago.
2021-09-07

Greece Balance of Trade
Greece reports regular trade deficits due to high volume of imports. Main imports are mineral fuels, machinery and transport equipment and chemicals. In recent years, the biggest trade deficits were recorded with Russia, Germany, China, Italy and France. Greece records trade surpluses with Turkey, Cyprus, United States, Algeria and United Arab Emirates.