Greece's trade deficit widened to EUR 1.84 billion in April of 2021 from EUR 1.08 billion in the corresponding month of the previous year. Imports jumped 56.8 percent to EUR 5.015 billion due to higher purchases from both EU countries (58.4 percent) and non-EU countries (55 percent). Meanwhile, exports grew at a slower 49.7 percent to EUR 3.172 billion, as sales to non-EU countries jumped 62.4 percent and those to EU countries rose 40.3 percent. Considering the first four months of the year, the country’s trade gap widened to 6.58 billion from EUR 6.34 billion in the same period a year ago. source: National Statistical Service of Greece
Balance of Trade in Greece averaged -2147.84 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 June 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.