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Monitor Report of GREECE trade and GREECE-China binational trade in 202009

 1.  Overview the trade of GREECE in goods current year until 202009

According to Dalian Infobank, in 202009GREECE's exports and imports of goods amounted to 7991.7380 million, and were down 5.28% comparing with the same period of last year. Among these, exports were down 3.33% at 3042.4226 million, and imports were down 6.43% at 4949.3154 million. And the corresponding trade deficit was 1906.8929 million and down 10.99%.

During the current year until 202009, GREECE's total exports and imports of goods were 65687.9910 million and were down 13.13% comparing to the same period of last year. Among these, exports were 25159.2636 million and down 11.53%; imports were 40528.7274 million and down 14.09%. The total trade deficit was 15369.4638 million and down 17.97%.

If considering by country (region), GERMANY, ITALY, CHINA, FRANCE, NETHERLANDS were GREECE's top five trading partners. During the current year until 202009, GREECE's imports and exports to five countries/territories were 6999.3222 million, 6251.8665 million, 3876.4104 million, 3181.7676 million, 3109.0617 million. These values correspond to 10.66%, 9.52%, 5.90%, 4.84%, 4.73% of GREECE's imports and exports, and, respectively, were down 2.22%, down 12.25%, down 7.82%, up 4.02%, up 9.55% comparing to the same period of last year.

Current year until 202009, GREECE and the top five trade partners ITALY, GERMANY, CYPRUS, FRANCE, BULGARIA are the top five countries/territories that GREECE exports to in terms of the total export amount. During the current year until 202009, GREECE's exports to these five countries/territories were 2674.7657 million, 2002.2887 million, 1630.4096 million, 1416.6345 million, 1309.5038 million. These values correspond to 10.63%, 7.96%, 6.48%, 5.63%, 5.20% of GREECE's exports and, respectively, were down 13.15%, up 4.59%, down 5.32%, up 36.92%, down 2.53% comparing with the same period of last year.

Current year until 202009, GREECE's exports to top five countries/territories GERMANY, ITALY, CHINA, NETHERLANDS, RUSSIA are the top five countries/territories that GREECE imports from in terms of the total export amount. During the current year until 202009, GREECE's imports from these five countries/territories were 4997.0335 million, 3577.1008 million, 3217.5112 million, 2505.2793 million, 2386.3135 million. These values correspond to 12.33%, 8.83%, 7.94%, 6.18%, 5.89% of GREECE's total imports and, respectively, were down 4.71%, down 11.57%, down 6.64%, up 9.87%, down 32.27% comparing with the same period of last year.

During the current year until 202009, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, LIBYA, ROMANIA, GIBRALTAR at 1329.8978 million, 469.1193 million, 438.1217 million, 377.0456 million, 374.3717 million, and down 2.97%, down 52.37%, down 1659.73%, up 161.19%, up 3.47%. And the trade deficits were mainly from GERMANY, CHINA, RUSSIA, NETHERLANDS, IRAQ at 2994.7448 million, 2558.6120 million, 2252.6702 million, 1901.4968 million, 1589.2966 million, and down 10.06%, down 4.80%, down 32.74%, up 10.40%, down 61.41%.

Current year until 202009, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202009,  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 13703.0576 million, 4915.8931 million, 4661.2026 million, 3652.1755 million, 2562.6563 million, which were down 38.32%, up 26.45%, down 4.09%, up 4.05%, down 4.96% comparing with the same period of last year and account for 20.86%, 7.48%, 7.10%, 5.56%, 3.90% of GREECE's total imports and exports.

During the current year until 202009, 27, 30, 84, 76, 39 were GREECE's top five traded commodities, with total import and export values of 5545.5803 million, 2269.4610 million, 1443.6273 million, 1342.6855 million, 976.5541 million. These values correspond to 22.04%, 9.02%, 5.74%, 5.34%, 3.88% of GREECE's total exports and, respectively, were down 39.84%, up 44.63%, down 0.09%, down 10.21%, down 4.89% comparing to the same period of last year.

During the current year until 202009, 27, 84, 85, 30, 29 were GREECE's top five traded commodities, with total import values of 8157.4773 million, 3217.5753 million, 2708.1626 million, 2646.4321 million, 2416.9792 million. These values correspond to 20.13%, 7.94%, 6.68%, 6.53%, 5.96% of GREECE's total exports and, respectively, were down 37.24%, down 5.78%, up 4.82%, up 14.15%, up 53.79% comparing to the same period of last year.


2. Current year until 202009, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202009, GREECE-China binational exports and imports of goods amounted to 3876.4104 million and were down 7.82% comparing with the same period of last year. Among these, exports from GREECE to China were 658.8992 million and down 13.18%, imports from China to GREECE were 3217.5112 million and down 6.64%. The total binational trade deficit was 2558.6120 million and down 4.80%.

During the urrent year until 202009, commodities with hs2 code, 84, 85, 27, 61, 94, were binational trade's top five traded commodities. They correspond to import and export values of 884.2987 million, 571.6167 million, 320.1916 million, 144.7759 million, 142.2932 million and makes up 22.81%, 14.75%, 8.26%, 3.73%, 3.67% of the total binational imports and exports. These values were also up 0.91%, up 47.24%, down 13.62%, down 50.00%, down 15.55% comparing to the same period last year.

During the current year until 202009, 27, 25, 84, 26, 30 were the top five traded commodities exported to China from GREECE, with export values of 318.6785 million, 101.2616 million, 79.0726 million, 73.3481 million, 22.5555 million. These values account for 48.37%, 15.37%, 12.00%, 11.13%, 3.42% of GREECE's total exports and were down 13.82%, down 43.97%, up 22.67%, up 100.85%, down 3.48% comparing to the same period of last year.

During the current year until 202009, 84, 85, 61, 94, 64 were GREECE's top five traded commodities importing from China , with import values of 805.2261 million, 565.2246 million, 144.6391 million, 141.3760 million, 140.5859 million. These values account for 25.03%, 17.57%, 4.50%, 4.39%, 4.37% of GREECE's total imports and were down 0.82%, up 47.89%, down 50.03%, down 15.76%, down 25.84% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat