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

Greece's trade deficit narrowed to EUR 1.50 billion in June 2017 from EUR 1.51 billion in the same month a year earlier. Imports rose 6.5 percent from the previous year to EUR 3.88 billion, as purchases went up 11.1 percent from countries outside the EU and 3.4 percent from the EU. Meanwhile, exports grew 11.8 percent to EUR 2.38 billion as sales to countries outside the EU advanced 20 percent and those to the EU rose 6.5 percent. In the first half of the year, the trade gap widened 20.7 percent to EUR 11.59 billion from EUR 9.60 billion in the same period of 2016, as imports increased by 19.3 percent and exports by 18.2 percent. Balance of Trade in Greece averaged -2330.81 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)
2017-06-08 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 €-1.498B €-1.723B €-1.6B
2017-09-07 09:00 AM Jul €-1.498B €-1.4B
2017-10-06 09:00 AM Aug
2017-11-07 10:00 AM Sep


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1497.90 -1722.70 -716.90 -4328.60 EUR Million [+]
Exports 2379.20 2566.20 2766.00 691.90 EUR Million [+]
Imports 3877.10 4288.90 6219.50 1919.00 EUR Million [+]
Current Account 842.30 -581.60 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 654.67 -393.60 5937.62 -4086.57 EUR Million [+]
Remittances 80.00 78.60 247.30 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 536.70 251.00 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 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 August of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1497.90 -1722.70 -716.90 -4328.60 2001 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 856.00 Jun/17
Brazil 6298.00 Jul/17
Canada -3601.90 Jun/17
China 467.36 Jul/17
Euro Area 26587.50 Jun/17
France -4657.00 Jun/17
Germany 22324.00 Jun/17
India -11449.80 Jul/17
Indonesia -271.20 Jul/17
Italy 4502.18 Jun/17
Japan 418.77 Jul/17
Mexico 61.53 Jun/17
Netherlands 6620.00 Jun/17
Russia 8690.00 Jun/17
South Korea 10646.00 Jul/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -6010.95 Jun/17
United Kingdom -4564.00 Jun/17
United States -43642.00 Jun/17