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

Greece's trade deficit widened to EUR 1.51 billion in July 2017 from EUR 1.43 billion in the same month a year earlier. Imports rose 6.3 percent from the previous year to EUR 3.92 billion, as purchases went up 10.4 percent from the EU and 1.4 percent from countries outside the EU. Meanwhile, exports grew 6.5 percent to EUR 2.41 billion as sales to countries outside the EU advanced 8.8 percent and those to the EU rose 4.7 percent. In the first seven months of the year, the trade gap widened 19.1 percent to EUR 13.14 billion from EUR 11.03 billion in the same period of 2016, as imports increased by 17.6 percent and exports by 16.5 percent. Balance of Trade in Greece averaged -2326.78 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
2017-07-07 09:00 AM Balance of Trade €1.735B €-1.799B €-1.6B
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 €-1.514B
2017-11-07 10:00 AM Balance of Trade
2017-12-08 10:00 AM Balance of Trade


Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1513.80 -1503.50 -716.90 -4328.60 EUR Million [+]
Exports 2410.90 2396.00 2766.00 691.90 EUR Million [+]
Imports 3924.70 3899.50 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 112.87 112.84 132.56 107.21 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-1513.80 -1503.50 -716.90 -4328.60 2001 - 2017 EUR Million Monthly



balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 418.77 Jul/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17