Greece’s trade deficit widened to EUR 2.7 billion in April of 2022 from EUR 1.8 billion in the corresponding month of the previous year. Imports surged by 36.2 percent on the year to EUR 6.9 billion, underpinned by soaring purchases from non-EU countries (63.3 percent), and sustained growth from countries within the bloc (12.1 percent). On the other hand, exports rose by a softer 28.5 percent to EUR 4.1 billion, also carried by higher shipments to outside the EU (47.8 percent), while sales to the EU were relatively unchanged (1.5 percent). Considering the first 4 months of 2022, Greece’s trade deficit widened to EUR 11.3 billion, 71.6 percent higher than the corresponding period of the previous year. source: National Statistical Service of Greece

Balance of Trade in Greece averaged -2163.33 EUR Million from 2001 until 2022, 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 2022.

Balance of Trade in Greece is expected to be -1300.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Balance of Trade is projected to trend around -1360.00 EUR Million in 2023 and -1380.00 EUR Million in 2024, according to our econometric models.

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Greece Balance of Trade



Calendar GMT Actual Previous Consensus TEForecast
2022-05-06 09:00 AM Mar €-2.4B €-3.1B € -1.7B
2022-06-07 09:00 AM Apr €-2.7B €-2.4B €-2.6B
2022-07-08 09:00 AM May €-2.7B €-2.9B


Related Last Previous Unit Reference
Balance of Trade -2747.50 -2385.20 EUR Million Apr 2022
Imports 6854.10 6896.10 EUR Million Apr 2022
Exports 4106.60 4510.90 EUR Million Apr 2022

Greece Balance of Trade
Greece reports regular trade deficits due to high volume of imports. Main imports are mineral fuels, machinery and transport equipment and chemicals. 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.
Actual Previous Highest Lowest Dates Unit Frequency
-2747.50 -2385.20 -619.80 -4328.60 2001 - 2022 EUR Million Monthly

News Stream
Greek Trade Gap Widens in April
Greece’s trade deficit widened to EUR 2.7 billion in April of 2022 from EUR 1.8 billion in the corresponding month of the previous year. Imports surged by 36.2 percent on the year to EUR 6.9 billion, underpinned by soaring purchases from non-EU countries (63.3 percent), and sustained growth from countries within the bloc (12.1 percent). On the other hand, exports rose by a softer 28.5 percent to EUR 4.1 billion, also carried by higher shipments to outside the EU (47.8 percent), while sales to the EU were relatively unchanged (1.5 percent). Considering the first 4 months of 2022, Greece’s trade deficit widened to EUR 11.3 billion, 71.6 percent higher than the corresponding period of the previous year.
2022-06-07
Greek Trade Gap Widens in March
Greece's trade deficit widened to EUR 2.4 billion in March of 2022 from EUR 2.1 billion in the corresponding month of the previous year. Imports surged 26.3 percent year-on-year to EUR 6.9 billion, underpinned by soaring purchases from non-EU countries (46.0 percent) and sustained import growth from EU countries (10.5 percent). Meanwhile, exports jumped 34.4 percent to a lower EUR 4.5 billion as sales advanced at a stronger pace to EU countries (43.2 percent) and to a lesser extent to non-EU countries (24.3 percent). Considering the first three months of 2022, the country’s trade deficit widened to EUR 8.5 billion from EUR 4.7 billion in the same period of last year.
2022-05-06
Greek Trade Gap Widens in February
Greece's trade deficit widened to EUR 3.1 billion in February of 2022 from EUR 1.2 billion in the corresponding month of the previous year. Imports surged 66.9 percent year-on-year to EUR 6.8 billion, underpinned by soaring purchases from non-EU countries (115.3 percent) and sustained import growth from EU countries (27.3 percent). Meanwhile, exports jumped at a softer 25.4 percent to EUR 3.6 billion as sales advanced at a stronger pace to EU countries (34.3 percent) and to a lesser extent to non-EU countries (15.5 percent). Considering the first two months of 2022, the country’s trade deficit widened to EUR 6.1 billion from EUR 2.6 billion in the same period of last year.
2022-04-07