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.