Greece's trade deficit narrowed to EUR 1.134 billion in April of 2020 from EUR 1.627 billion in the corresponding month of the previous year. Exports slumped 30.6 percent to EUR 2.068 billion, dragged down by both European countries (-21.9 percent to EUR 1.216 billion) and countries outside the EU (-40.2 percent to EUR 0.85 billion). Meantime, imports fell 30.5 percent to EUR 3.202 billion, due to a drop in purchases from both European countries (-31.4 percent to EUR 1.65 billion) and countries outside the EU (-29.6 percent to EUR 1.552 billion).of 2020.
Balance of Trade in Greece averaged -2182.40 EUR Million from 2001 until 2020, reaching an all time high of -619.80 EUR Million in July of 2015 and a record low of -4328.60 EUR Million in March of 2007. This page provides - Greece Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Greece Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on July of 2020.
Balance of Trade in Greece is expected to be -1900.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Greece to stand at -2150.00 in 12 months time. In the long-term, the Greece Balance of Trade is projected to trend around -1510.00 EUR Million in 2021 and -1610.00 EUR Million in 2022, according to our econometric models.