Trade

2017

According to provisional data by the Hellenic Statistical Authority for 2017, the total value of exports amounted to € 28,832 million, in comparison with € 25,463.5 million in 2016, increased therefore by 13.2%. The corresponding increase excluding oil products was 7.1%, while excluding oil products and ships was 7.2%.

2016

In 2016, the total value of Greek exports of goods reached € 25,411.4 million, accounting for approximately 14.5% of Greece’s GDP. Despite the fact that the economic crisis in Greece continued in 2016, total exports remained almost at the same levels as the previous year, while exports excluding oil products increased by 1.2%.

Destination Countries (2016)

Exports to the European Union (EU) reached 56.2% in 2016, highlighting the importance of Greek foreign trade to the EU. In 2016, Greek exports to Lebanon, the Netherlands, Libya, China and Singapore increased significantly.

Main export partners:
• Italy (11.1%)
• Germany (7.7%)
• Cyprus (6.4%)
• Turkey (5.3%)
• Bulgaria (5.1%)
• USA (4.3%)
• UK (4.2%)

Export profile of basic commodities:
• Food and beverages
• Industrial products
• Petroleum products
• Chemical products

Imports

In 2016, imports increased to € 43,962.6 million, from € 43,624.6 million in 2015. Countries of origin (2016):

The EU was an important trade partner of Greece for imports in 2016, accounting for 54.7%.

Main countries:
• Germany (11.1%)
• Italy (8.8%)
• China (6.6%)
• Russia (6.4%)
• Netherlands (5.5%)
• Iraq (5.4%)
• France (4.4%)

Import profile of basic commodities:
• Machinery and transport equipment
• Fuel
• Chemical products
• Food

Total foreign trade

Total foreign trade (imports and exports) of goods in Greece amounted to € 69,374 million in 2016. Although the export of goods is lower than the import of goods, the trade deficit, for the most part, is balanced by the export of services, including shipping, tourism, and financial services.

Export - Import Data

Greek Exports / Country (in million Euro)

Greek Imports / Country (in million Euro)

Greek Exports / Sector (in million Euro)

Greek Imports / Sector (in million Euro)

Source: Hellenic Statistical Authority, provisional data. Small variations of the total values by country and sector are due to ongoing revisions by the Hellenic Statistical Authority