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

Greece's trade deficit increased sharply by 91.7 percent to €2.34 billion in January 2017 from €1.22 billion gap in the same month a year earlier. Imports jumped 52.1 percent to €4.46 billion, as purchases went up 101.2 percent from countries outside the EU, mostly on account of higher imports of ships. Also, purchases from EU countries rose by 12.8 percent. Meanwhile, exports rose at slower rate of 23.9 percent to €2.13 billion as sales to countries outside the EU advanced 52.3 percent and those to the EU grew 6.7 percent. Balance of Trade in Greece averaged -2342.63 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 Reference Actual Previous Consensus Forecast (i)
2017-01-09 10:00 AM Nov €-1.555B €-1.766B
2017-02-07 11:20 AM Dec €-1.566B €-1.555B €-1.4B
2017-03-10 10:00 AM Jan €-2.337B €-1.566B €-1.1B
2017-04-07 09:00 AM Feb €-2.337B
2017-05-08 09:00 AM Mar
2017-06-08 09:00 AM Apr




Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -2336.70 -1584.80 -716.90 -4328.60 EUR Million [+]
Exports 2125.90 2315.30 2766.00 691.90 EUR Million [+]
Imports 4462.60 3900.10 6219.50 1919.00 EUR Million [+]
Current Account -271.00 -933.40 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -1.80 0.60 0.90 -14.90 percent [+]
External Debt 432799.39 436070.96 444999.89 142217.00 EUR Million [+]
Capital Flows -205.99 -35.20 5937.62 -4086.57 EUR Million [+]
Remittances 78.60 81.20 247.30 50.50 EUR Million [+]
Gold Reserves 112.81 112.75 132.56 107.21 Tonnes [+]
Crude Oil Production 2.00 2.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 312.10 155.70 2608.90 -532.30 EUR Million [+]
Terrorism Index 4.22 4.98 5.91 3.43 [+]
Tourism Revenues 193.10 219.40 3477.70 109.00 EUR Million [+]
Tourist Arrivals 1277121.00 2525429.00 3303006.00 140107.00 persons [+]



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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-2336.70 -1584.80 -716.90 -4328.60 2001 - 2017 EUR Million Monthly



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Jordan -709700.00 Jan/17
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Kuwait 1693.00 Dec/16
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Laos -339.15 Jun/16
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Macau -5586600.00 Jan/17
Macedonia -119844.00 Jan/17
Madagascar 20810.00 Dec/16
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Malaysia 4711.86 Jan/17
Maldives -171.90 Nov/16
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Mexico -3294.00 Jan/17
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Mongolia 183.00 Feb/17
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Morocco -16689.00 Dec/16
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Myanmar -303.20 May/16
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Netherlands 4582.00 Jan/17
New Caledonia -7307.00 Oct/16
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Niger -108402.00 Sep/16
Nigeria 227044.30 Dec/16
North Korea -476.67 Dec/15
Norway 23539.00 Feb/17
Oman 205.90 Nov/16
Pakistan -293929.00 Feb/17
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Papua New Guinea 4593.00 Sep/16
Paraguay 100105.00 Feb/17
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Russia 11445.00 Jan/17
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Spain -3134000.00 Jan/17
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Sweden 1500.00 Jan/17
Switzerland 3105.00 Feb/17
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Taiwan 3360.00 Feb/17
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Thailand 1610.00 Feb/17
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Trinidad and Tobago -364.10 Jun/16
Tunisia 1288.80 Feb/17
Turkey -4308.50 Jan/17
Turkmenistan 2181.97 Dec/15
Uganda -192.30 Jan/17
Ukraine -86.70 Jan/17
United Arab Emirates 328300.00 Dec/15
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