Greece Balance of Trade

Last Release

May 31, 2025

Actual

-2,291.8

Units In

EUR Million

-2,840.6

Frequency

Monthly

Next Release

Aug 07, 2025

Time to Release

28 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
-619.8 Jul 2015	-4,328.6 Mar 2007	-2,248.53 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 2.3 billion in May 2025 from EUR 3.3 billion in the same month last year. Exports declined by 1.3% year-on-year to EUR 4.2 billion, as a result of a decline in sales by 6.1% to third countries, while it advanced by 2.6% to EU countries. Meanwhile, imports fell sharper by 14.7% to EUR 6.5 billion, mainly due to lower shipments by 35.4% from third countries, whereas arrivals rose by 10.2% from EU countries. Considering the first five months of the year, the country’s trade deficit eased to EUR 13.4 billion from EUR 14.4 billion in the corresponding period a year ago, as exports dropped by 4.3% and imports contracted by 5.3%.