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Monitor Report of GREECE trade and GREECE-China binational trade in 202005

 1.  Overview the trade of GREECE in goods current year until 202005

According to Dalian Infobank, in 202005GREECE's exports and imports of goods amounted to 5888.5841 million, and were down 36.92% comparing with the same period of last year. Among these, exports were down 32.27% at 2325.2016 million, and imports were down 39.62% at 3563.3824 million. And the corresponding trade deficit was 1238.1808 million and down 49.85%.

During the current year until 202005, GREECE's total exports and imports of goods were 35030.2362 million and were down 17.43% comparing to the same period of last year. Among these, exports were 13426.3569 million and down 15.43%; imports were 21603.8794 million and down 18.62%. The total trade deficit was 8177.5225 million and down 23.37%.

If considering by country (region), GERMANY, ITALY, CHINA, FRANCE, NETHERLANDS were GREECE's top five trading partners. During the current year until 202005, GREECE's imports and exports to five countries/territories were 3660.3711 million, 3323.6149 million, 1893.8775 million, 1643.9518 million, 1576.7799 million. These values correspond to 10.45%, 9.49%, 5.41%, 4.69%, 4.50% of GREECE's imports and exports, and, respectively, were down 9.84%, down 15.73%, down 15.48%, down 5.14%, up 1.85% comparing to the same period of last year.

Current year until 202005, GREECE and the top five trade partners ITALY, GERMANY, CYPRUS, BULGARIA, FRANCE are the top five countries/territories that GREECE exports to in terms of the total export amount. During the current year until 202005, GREECE's exports to these five countries/territories were 1463.7511 million, 1089.3821 million, 853.1683 million, 706.7304 million, 680.0521 million. These values correspond to 10.90%, 8.11%, 6.35%, 5.26%, 5.07% of GREECE's exports and, respectively, were down 14.06%, up 8.18%, down 10.59%, down 0.15%, up 24.84% comparing with the same period of last year.

Current year until 202005, GREECE's exports to top five countries/territories GERMANY, ITALY, CHINA, RUSSIA, NETHERLANDS are the top five countries/territories that GREECE imports from in terms of the total export amount. During the current year until 202005, GREECE's imports from these five countries/territories were 2570.9890 million, 1859.8638 million, 1556.1096 million, 1452.3845 million, 1295.4320 million. These values correspond to 11.90%, 8.61%, 7.20%, 6.72%, 6.00% of GREECE's total imports and, respectively, were down 15.78%, down 17.00%, down 12.52%, down 27.71%, up 3.91% comparing with the same period of last year.

During the current year until 202005, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, GIBRALTAR, LIBYA, ROMANIA at 700.2802 million, 247.0091 million, 223.8682 million, 194.8146 million, 184.9961 million, and down 6.22%, down 58.94%, up 17.23%, up 578.07%, up 117.08%. And the trade deficits were mainly from GERMANY, RUSSIA, CHINA, NETHERLANDS, KAZAKHSTAN at 1481.6069 million, 1383.2859 million, 1218.3416 million, 1014.0842 million, 919.4595 million, and down 27.57%, down 28.26%, down 7.49%, up 7.29%, up 0.82%.

Current year until 202005, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202005,  commodities with hs2 codes, 27, 30, 84, 85, 39, were GREECE's top five traded commodities. They correspond to the import and export values of 7844.3623 million, 2609.5779 million, 2265.9684 million, 1907.2430 million, 1353.6794 million, which were down 37.59%, up 22.35%, down 15.88%, down 2.78%, down 10.78% comparing with the same period of last year and account for 22.39%, 7.45%, 6.47%, 5.44%, 3.86% of GREECE's total imports and exports.

During the current year until 202005, 27, 30, 76, 84, 39 were GREECE's top five traded commodities, with total import and export values of 3066.2551 million, 1156.4955 million, 727.5982 million, 712.6373 million, 520.6400 million. These values correspond to 22.84%, 8.61%, 5.42%, 5.31%, 3.88% of GREECE's total exports and, respectively, were down 39.68%, up 39.27%, down 14.27%, down 11.90%, down 11.81% comparing to the same period of last year.

During the current year until 202005, 27, 84, 30, 85, 29 were GREECE's top five traded commodities, with total import values of 4778.1072 million, 1553.3312 million, 1453.0824 million, 1437.5576 million, 1015.2909 million. These values correspond to 22.12%, 7.19%, 6.73%, 6.65%, 4.70% of GREECE's total exports and, respectively, were down 36.17%, down 17.59%, up 11.56%, down 2.27%, up 7.53% comparing to the same period of last year.


2. Current year until 202005, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202005, GREECE-China binational exports and imports of goods amounted to 1893.8775 million and were down 15.48% comparing with the same period of last year. Among these, exports from GREECE to China were 337.7679 million and down 26.87%, imports from China to GREECE were 1556.1096 million and down 12.52%. The total binational trade deficit was 1218.3416 million and down 7.49%.

During the urrent year until 202005, commodities with hs2 code, 84, 85, 27, 64, 94, were binational trade's top five traded commodities. They correspond to import and export values of 403.2167 million, 271.1164 million, 164.8383 million, 86.0056 million, 71.3813 million and makes up 21.29%, 14.32%, 8.70%, 4.54%, 3.77% of the total binational imports and exports. These values were also down 15.58%, up 28.54%, down 31.19%, down 4.21%, down 20.82% comparing to the same period last year.

During the current year until 202005, 27, 84, 25, 26, 30 were the top five traded commodities exported to China from GREECE, with export values of 164.1710 million, 48.0353 million, 42.0911 million, 37.0537 million, 11.0337 million. These values account for 48.60%, 14.22%, 12.46%, 10.97%, 3.27% of GREECE's total exports and were down 31.35%, up 33.59%, down 56.76%, up 73.13%, down 22.36% comparing to the same period of last year.

During the current year until 202005, 84, 85, 64, 94, 61 were GREECE's top five traded commodities importing from China , with import values of 355.1814 million, 268.0711 million, 85.9645 million, 70.9833 million, 68.7709 million. These values account for 22.82%, 17.23%, 5.52%, 4.56%, 4.42% of GREECE's total imports and were down 19.58%, up 29.51%, down 4.22%, down 20.98%, down 30.56% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat