Greece Balance of Trade  2001-2016 | Data | Chart | Calendar | Forecast

Greece's trade deficit decreased by 12.1 percent to €1.36 billion in September 2016 from €1.55 billion in the same month of the previous year. Exports increased by 16.6 percent to €2.36 billion as sales to EU countries advanced 11.6 percent and those to other countries jumped 23.3 percent. Imports went up at a slower 4.2 percent to €3.72 billion, boosted by 4.4 percent rise in purchases from EU countries whereas imports from other countries climbed 3.9 percent. Considering the nine-month period from January to September 2016, the trade deficit widened to €13.50 billion from €12.61 billion the same period a year earlier, as exports fell 3.7 percent while imports grew slightly by 0.5 percent. Balance of Trade in Greece averaged -2352.77 EUR Million from 2001 until 2016, reaching an all time high of -714.30 EUR Million in July of 2015 and a record low of -4328.80 EUR Million in March of 2007.

Greece Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-09-07 09:05 AM Jul €-1.344B €-1.512B €-1.63B
2016-10-07 09:00 AM Aug €-1.198B €-1.344B € -1.6B
2016-11-07 10:00 AM Sep €-1.359B €-1.176B € -1.4B
2016-12-08 10:00 AM Oct €-1.359B € -1.9B
2017-01-06 10:00 AM Nov
2017-02-06 10:00 AM Dec




Greece Trade Last Previous Highest Lowest Unit
Balance of Trade -1358.70 -1176.40 -714.30 -4328.80 EUR Million [+]
Exports 2358.40 1932.70 2767.70 691.90 EUR Million [+]
Imports 3717.10 3109.10 6219.50 1919.00 EUR Million [+]
Current Account 1008.40 1821.20 2601.40 -4730.30 EUR Million [+]
Current Account to GDP -1.80 0.60 0.90 -14.90 percent [+]
External Debt 436070.96 444999.89 444999.89 142217.00 EUR Million [+]
Capital Flows 386.04 1501.10 5937.60 -4086.60 EUR Million [+]
Remittances 63.50 63.90 247.30 50.50 EUR Million [+]
Gold Reserves 112.75 112.72 132.56 107.21 Tonnes [+]
Crude Oil Production 2.00 2.00 11.00 0.00 BBL/D/1K [+]
Foreign Direct Investment 411.50 479.70 2608.90 -532.30 EUR Million [+]
Terrorism Index 4.22 4.98 5.91 3.43 [+]
Tourism Revenues 2231.60 3158.90 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 December of 2016.

Actual Previous Highest Lowest Dates Unit Frequency
-1358.70 -1176.40 -714.30 -4328.80 2001 - 2016 EUR Million Monthly



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Laos -594.89 Dec/15
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Macau -5326200.00 Oct/16
Macedonia -177613.00 Oct/16
Madagascar -234693.00 Sep/16
Malawi -53950.00 Mar/16
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Mongolia 72.90 Oct/16
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Netherlands 5421.00 Sep/16
New Caledonia -12812.00 Aug/16
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Niger -132100.00 Jun/16
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Norway 10360.56 Oct/16
Oman 30.50 Jun/16
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Papua New Guinea 4636.00 Mar/16
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