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. source: National Statistical Service of Greece
Balance of Trade in Greece averaged -2149.84 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 May of 2021.
Balance of Trade in Greece is expected to be -1670.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Greece to stand at -1410.00 in 12 months time. In the long-term, the Greece Balance of Trade is projected to trend around -1120.00 EUR Million in 2022 and -1160.00 EUR Million in 2023, according to our econometric models.