Greece Balance of Trade  2001-2017 | Data | Chart | Calendar | Forecast

Greece's trade deficit increased to EUR 1.63 billion in August of 2017 from EUR 1.24 billion in the same month a year earlier. Imports jumped 14.3 percent from the previous year to EUR 3.65 billion, as purchases rose 24.7 percent from countries outside the EU and 5.8 percent from the EU. Meantime, exports increased 3.5 percent to EUR 2.02 billion as sales to the EU grew 7.2 percent while those to the countries outside the EU fell 0.6 percent. Considering the eight-month period to August of 2017, the trade deficit widened 20.4 percent to EUR 14.78 billion from EUR 12.28 billion in the same period of 2016, as imports soared 17.4 percent and exports advanced at a slower 15.1 percent. Balance of Trade in Greece averaged -2323.07 EUR Million from 2001 until 2017, reaching an all time high of -716.90 EUR Million in July of 2015 and a record low of -4328.60 EUR Million in March of 2007.

Greece Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-08-07 09:00 AM Balance of Trade €-1.498B €-1.723B €-1.6B
2017-09-07 09:25 AM Balance of Trade €-1.514B €-1.504B €-1.4B
2017-10-06 09:00 AM Balance of Trade €-1.633B €-1.514B €-1.4B
2017-11-07 10:00 AM Balance of Trade €-1.633B
2017-12-08 10:00 AM Balance of Trade


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1633.40 -1513.80 -716.90 -4328.60 EUR Million [+]
Exports 2016.30 2410.90 2766.00 691.90 EUR Million [+]
Imports 3649.70 3924.70 6219.50 1919.00 EUR Million [+]
Current Account 1569.40 842.30 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -0.60 0.10 0.10 -15.20 percent [+]
External Debt 432179.88 432392.38 444999.89 142217.00 EUR Million [+]
Capital Flows 1036.60 654.67 5937.62 -4086.57 EUR Million [+]
Remittances 80.00 78.60 247.30 50.50 EUR Million [+]
Gold Reserves 112.87 112.84 132.56 107.21 Tonnes [+]
Crude Oil Production 2.00 2.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 179.50 536.70 2608.90 -532.30 EUR Million [+]
Terrorism Index 4.22 4.98 5.91 3.43 [+]
Tourism Revenues 2046.80 1093.60 3477.70 109.00 EUR Million [+]
Tourist Arrivals 1922299.00 951991.00 3303014.00 140107.00 persons [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Greece Balance of Trade

Greece reports regular trade deficits due to high volume of imports. Main imports are mineral fuels (34 percent of the total imports); machinery and transport equipment (14 percent) and chemicals (13 percent). 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. This page provides - Greece Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Balance of Trade - actual data, historical chart and calendar of releases - was last updated on October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1633.40 -1513.80 -716.90 -4328.60 2001 - 2017 EUR Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 113.64 Aug/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -2099000.00 Jul/17
Switzerland 2173.00 Aug/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17