Greece Balance of Trade

Last Release

Aug 31, 2025

Actual

-2,100.3

Units In

EUR Million

-2,921.7

Frequency

Monthly

Next Release

Nov 07, 2025

Time to Release

28 Days 9 Hours

Highest	Lowest	Average	Date Range	Source
-619.8 Jul 2015	-4,328.6 Mar 2007	-2,253.39 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 2.1 billion in August 2025 from EUR 2.6 billion in the corresponding month of the previous year, as imports fell more than exports. This marked the smallest trade gap since May 2021 as imports dropped by 13% year-on-year to EUR 5.5 billion, weighed down by reduced purchases from both the EU (-2.4%) and non-EU countries (-22.6%). Meanwhile, exports decreased by 8.9% to EUR 3.4 billion amid sharp declines in sales to both the EU (-7.7%) and non-EU countries (-10.3%). Considering January-August, the country’s trade gap narrowed to EUR 21.7 billion from EUR 22.2 billion in the same period last year.