Greece Balance of Trade

Last Release

Apr 30, 2025

Actual

-2,840.6

Units In

EUR Million

-3,037.9

Frequency

Monthly

Next Release

Jul 08, 2025

Time to Release

30 Days 2 Hours

Highest	Lowest	Average	Date Range	Source
-619.8 Jul 2015	-4,328.6 Mar 2007	-2,248.38 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 2.8 billion in April 2025 from EUR 3.0 billion in the same month last year. Exports declined by 14.5% year-on-year to EUR 3.8 billion, as a result of lower sales to third countries (-22.7%) and EU countries (-8.2%). Meanwhile, imports dropped by 11.4% to EUR 6.8 billion, mainly due to a decline in shipments from third countries (-24%) whereas arrivals rose slightly from EU countries (1%). Considering the first four months of the year, the country’s trade deficit widened slightly to EUR 11.1 billion from EUR 11 billion in the corresponding period a year ago, as exports declined by 5.1% and imports fell by 2.9%.