Greece Balance of Trade

Last Release

Feb 28, 2025

Actual

-2,436.8

Units In

EUR Million

-2,809.3

Frequency

Monthly

Next Release

May 08, 2025

Time to Release

26 Days 10 Hours

Highest	Lowest	Average	Date Range	Source
-619.8 Jul 2015	-4,328.6 Mar 2007	-2,243.53 EUR Million	2001-2025	National Statistical Service of Greece

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.

Latest Updates

The trade deficit in Greece narrowed to EUR 2.4 billion in February 2025 from EUR 2.9 billion in the corresponding month of the previous year. Exports slightly increased by 0.1% from a year earlier to EUR 4 billion, as shipments advanced by 5.2% to EU countries, while it dropped by 6% to third countries. Meanwhile, imports declined by 7.7% to EUR 6.5 billion, dragged down by lower purchases from third (-14.3%) and EU countries (-1.4%). Considering the first two months of the year, the country’s trade deficit decreased to EUR 5.3 billion from EUR 5.6 billion in the same period last year, as exports rose by 1.6% while imports fell by 1.3%.