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

Greece's trade deficit widened to EUR 1.73 billion in May 2017 from EUR 1.52 billion in the same month a year earlier. Imports rose 20.6 percent from the previous year to EUR 4.29 billion, as purchases went up 28.6 percent from countries outside the EU and 14.6 percent from EU countries. Meanwhile, exports grew 25.3 percent to EUR 2.56 billion as sales to countries outside the EU advanced 25.7 percent and those to the EU rose 12 percent. In the first five months of the year, the trade gap widened to EUR 10.09 billion from EUR 8.09 billion in the same period of 2016, as imports increased by 21.8 percent and exports by 19.5 percent. Balance of Trade in Greece averaged -2335.12 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 Forecast (i)
2017-05-08 09:00 AM Mar €-2.142B €-1.993B €-1.7B
2017-06-08 09:15 AM Apr €-1.799B €-2.142B €-2.3B
2017-07-07 09:00 AM May €1.735B €-1.799B €-1.6B
2017-08-07 09:00 AM Jun €-1.735B
2017-09-07 09:00 AM Jul
2017-10-06 09:00 AM Aug




Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1734.70 -1814.80 -716.90 -4328.60 EUR Million [+]
Exports 2556.70 2324.80 2766.00 691.90 EUR Million [+]
Imports 4291.40 4139.60 6219.50 1919.00 EUR Million [+]
Current Account -461.70 -1323.90 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 -872.19 -1297.31 5937.62 -4086.57 EUR Million [+]
Remittances 73.40 78.80 247.30 50.50 EUR Million [+]
Gold Reserves 112.84 112.81 132.56 107.21 Tonnes [+]
Crude Oil Production 3.00 3.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 264.10 728.50 2608.90 -532.30 EUR Million [+]
Terrorism Index 4.22 4.98 5.91 3.43 [+]
Tourism Revenues 483.70 203.30 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 Notes

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 July of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1734.70 -1814.80 -716.90 -4328.60 2001 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 2471.00 May/17
Brazil 7195.00 Jun/17
Canada -1085.90 May/17
China 427.70 Jun/17
Euro Area 21417.50 May/17
France -4886.00 May/17
Germany 22000.00 May/17
India -12959.90 Jun/17
Indonesia 1631.20 Jun/17
Italy 4341.51 May/17
Japan 439.91 Jun/17
Mexico -1079.20 May/17
Netherlands 4655.00 May/17
Russia 8519.00 May/17
South Korea 11400.00 Jun/17
Spain -1198829.00 Apr/17
Switzerland 2812.51 Jun/17
Turkey -7307.04 May/17
United Kingdom -3073.00 May/17
United States -46507.00 May/17