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. source: National Statistical Service of Greece

Balance of Trade in Greece averaged -2145.26 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 September of 2021.

Balance of Trade in Greece is expected to be -1640.00 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

Actual Previous Highest Lowest Dates Unit Frequency
-2119.40 -1983.00 -619.80 -4328.60 2001 - 2021 EUR Million Monthly


Calendar GMT Actual Previous Consensus TEForecast
2021-06-07 09:00 AM Apr €-1.84B €-2.09B €-1.4B
2021-07-08 09:00 AM May €-1.67B €-1.84B €-1.6B
2021-08-06 09:00 AM Jun €-1.98B €-1.67B € -1.7B
2021-09-07 09:00 AM Jul €-2.12B €-1.98B €-1.6B
2021-10-08 09:00 AM Aug €-2.12B
2021-11-05 10:00 AM Sep € -1.6B
2021-12-08 10:00 AM Oct


News Stream
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
Greek Trade Shortfall Widens in June
Greece's trade deficit widened to EUR 1.98 billion in June of 2021 from EUR 1.44 billion in the corresponding month of the previous year. Imports advanced 33.7 percent year-on-year to EUR 5.37 billion, due to higher purchases from both countries outside the EU (50.2 percent) and EU countries (23.1 percent). Meantime, exports advanced at a slower 31.5 percent to EUR 3.38 billion, as sales to non-EU countries jumped 47.3 percent and those to EU countries rose 21.1 percent. Considering the first half of the year, the country’s trade gap widened to 10.26 billion from EUR 8.94 billion in the same period a year ago.
2021-08-06
Greek Trade Gap Widens in April
Greece's trade deficit widened to EUR 1.84 billion in April of 2021 from EUR 1.08 billion in the corresponding month of the previous year. Imports jumped 56.8 percent to EUR 5.015 billion due to higher purchases from both EU countries (58.4 percent) and non-EU countries (55 percent). Meanwhile, exports grew at a slower 49.7 percent to EUR 3.172 billion, as sales to non-EU countries jumped 62.4 percent and those to EU countries rose 40.3 percent. Considering the first four months of the year, the country’s trade gap widened to 6.58 billion from EUR 6.34 billion in the same period a year ago.
2021-06-07
Greek Trade Deficit Widens in March
Greece's trade deficit widened to EUR 2.09 billion in March of 2021 from EUR 1.645 billion in the corresponding month of the previous year. Exports jumped 34.6 percent from a year earlier to EUR 3.338 billion as sales to EU countries climbed 21.3 percent and those to non-EU countries surged 53.9 percent. Meantime, imports rose at a softer 31.6 percent to EUR 5.428 billon, due to both EU countries (27.1 percent) and non-EU countries (37.6 percent). Considering the first three months of the year, the country’s trade gap shrank to 4.734 billion from EUR 5.247 billion.
2021-05-10

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.