Greece’s trade deficit widened to EUR 3.75 billion in November of 2022 from EUR 2.94 billion in the same month a year ago. Imports surged by 23.5% year-on-year to EUR 8.49 billion, boosted by purchases from the non-EU countries (40.9%) and the EU (4.6%). At the same time, exports rose 20.4% to EUR 4.74 billion, driven by shipments to the EU (36.9%) and non-EU countries (2.3%). Considering the first eleven months of 2022, the country’s trade deficit increased by 58.6% to EUR 85.3 billion, with imports and exports rising by 45.6% and 37.7%, respectively. source: National Statistical Service of Greece

Balance of Trade in Greece averaged -2199.00 EUR Million from 2001 until 2022, 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 February of 2023.

Balance of Trade in Greece is expected to be -1440.00 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 -1380.00 EUR Million in 2024, according to our econometric models.

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Greece Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-12-08 10:00 AM Oct €-4.05B €-3.61B €-3.4B
2023-01-09 10:00 AM Nov €-3.75B €-4.06B €-3.8B
2023-02-07 10:00 AM Dec €-3.75B € -1.4B


Related Last Previous Unit Reference
Balance of Trade -3752.90 -4055.40 EUR Million Nov 2022
Imports 8492.80 8826.40 EUR Million Nov 2022
Exports 4739.90 4771.00 EUR Million Nov 2022

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
-3752.90 -4055.40 -619.80 -4328.60 2001 - 2022 EUR Million Monthly

News Stream
Greece Trade Deficit Widens in November
Greece’s trade deficit widened to EUR 3.75 billion in November of 2022 from EUR 2.94 billion in the same month a year ago. Imports surged by 23.5% year-on-year to EUR 8.49 billion, boosted by purchases from the non-EU countries (40.9%) and the EU (4.6%). At the same time, exports rose 20.4% to EUR 4.74 billion, driven by shipments to the EU (36.9%) and non-EU countries (2.3%). Considering the first eleven months of 2022, the country’s trade deficit increased by 58.6% to EUR 85.3 billion, with imports and exports rising by 45.6% and 37.7%, respectively.
2023-01-09
Greece Posts Largest Trade Gap in Almost 16 Years
Greece’s trade deficit widened to EUR 4.05 billion in October of 2022 from EUR 2.38 billion in the corresponding month of the previous year. This was the largest monthly trade shortfall since March of 2007, as imports jumped by 44.7% year-on-year to an all-time high of EUR 8.81 billion while exports advanced at a slower 28.3% to EUR 4.76 billion. Considering the January to October period of 2022, the country's trade gap rose to EUR 31.4 billion from EUR 19.2 billion a year ago, with imports and exports rising 48.4% and 39.7%, respectively.
2022-12-08
Greek Trade Gap Continues to Widen in September
Greece’s trade deficit widened to EUR 3.61 billion in September of 2022 from EUR 2.11 billion in the corresponding month of the previous year. Imports advanced 42.2 percent on the year to EUR 8.3 billion, as purchases from non-EU countries surged 68 percent and those to the EU went up 19.3 percent. Meanwhile, exports rose by a softer 26.3 percent to EUR 4.7 billion, with sales from the EU countries up by 25 percent, and non-EU countries by 27.8 percent. Considering the first nine months of 2022, Greece’s trade deficit widened to EUR 27.3 billion, 62.3 percent higher than the corresponding period of the previous year.
2022-11-07