Greeceā€™s trade deficit narrowed to EUR 2.15 billion in April 2023, from EUR 2.75 billion in the corresponding month of the previous year. Exports fell softer at 4.3% from a year earlier to EUR 3.95 billion, as sales to EU slowed to 1.1%, while those to non-EU countries slipped 10.8%. Meanwhile, imports declined sharply at 11.8% to EUR 6.11 billion, dragged down by purchases from both EU countries (-1.5%) and non-EU countries (-20%). source: National Statistical Service of Greece

Balance of Trade in Greece averaged -2189.55 EUR Million from 2001 until 2023, reaching an all time high of 1651.70 EUR Million in September of 2020 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 June of 2023.

Balance of Trade in Greece is expected to be -2300.00 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 -2600.00 EUR Million in 2024 and -2700.00 EUR Million in 2025, according to our econometric models.

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Greece Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2023-05-08 09:00 AM Mar ā‚¬-2.58B ā‚¬-2.26B ā‚¬ -2.2B
2023-06-07 09:00 AM Apr ā‚¬-2.15B ā‚¬-2.58B ā‚¬-2.2B
2023-07-07 09:00 AM May ā‚¬-2.15B


Related Last Previous Unit Reference
Balance of Trade -2150.00 -2580.00 EUR Million Apr 2023
Imports 6107.20 7384.00 EUR Million Apr 2023
Exports 3954.00 4800.80 EUR Million Apr 2023

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.
Actual Previous Highest Lowest Dates Unit Frequency
-2150.00 -2580.00 1651.70 -4328.60 2001 - 2023 EUR Million Monthly

News Stream
Greek trade Deficit Narrows in April
Greeceā€™s trade deficit narrowed to EUR 2.15 billion in April 2023, from EUR 2.75 billion in the corresponding month of the previous year. Exports fell softer at 4.3% from a year earlier to EUR 3.95 billion, as sales to EU slowed to 1.1%, while those to non-EU countries slipped 10.8%. Meanwhile, imports declined sharply at 11.8% to EUR 6.11 billion, dragged down by purchases from both EU countries (-1.5%) and non-EU countries (-20%).
2023-06-07
Greece Trade Gap Widens Slightly in March
Greeceā€™s trade deficit went up to EUR 2.58 billion in March 2023, from EUR 2.55 billion in the same month a year ago. Imports advanced 4.1% to EUR 7.38 billion, mainly boosted by purchases from the EU (+6.6%), notably machinery & transport equipment and chemicals & related products. Arrivals from non-EU countries rose 1.7%, mostly mineral fuels, lubricants. Meanwhile, exports advanced 5.7% to EUR 4.80 billion, amid higher shipments to the EU (+9.2%), namely food & live animals; mineral fuels, lubricants; and manufactured goods. Dispatches also increased to non-EU countries (+1.1%), mainly on account of mineral fuels, lubricants.
2023-05-08
Greece Trade Gap Smallest in Nearly 1-1/2-Years
Greeceā€™s trade deficit fell to EUR 2.26 billion in February 2023, the smallest since September 2021, from EUR 3.34 billion in the same month a year ago. Exports jumped 19% year-on-year to EUR 4.40 billion, boosted by shipments to the EU (+27.1%), primary mineral fuels, lubricants; manufactured goods; food & live animals and chemicals & related products. Dispatches also increased to non-EU countries (+10.6%), mostly mineral fuels, lubricants; manufactured goods; food & live animals and machinery & transport equipment. Conversely, imports dropped 4.9% to an over one-year low of EUR 6.66 billion, weighed down by lower arrivals from non-EU countries (-13.6%). On the other hand, imports increased from the EU (+6.2%), mostly machinery & transport equipment and chemicals and related products.
2023-04-07