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Monitor Report of GREECE trade and GREECE-China binational trade in 202010

 1.  Overview the trade of GREECE in goods current year until 202010

According to Dalian Infobank, in 202010GREECE's exports and imports of goods amounted to 8009.5132 million, and were down 7.36% comparing with the same period of last year. Among these, exports were down 0.76% at 3189.7396 million, and imports were down 11.27% at 4819.7737 million. And the corresponding trade deficit was 1630.0341 million and down 26.51%.

During the current year until 202010, GREECE's total exports and imports of goods were 73697.5042 million and were down 12.54% comparing to the same period of last year. Among these, exports were 28349.0032 million and down 10.44%; imports were 45348.5010 million and down 13.80%. The total trade deficit was 16999.4979 million and down 18.87%.

If considering by country (region), GERMANY, ITALY, CHINA, FRANCE, NETHERLANDS were GREECE's top five trading partners. During the current year until 202010, GREECE's imports and exports to five countries/territories were 7878.4923 million, 7064.1219 million, 4356.8220 million, 3621.3770 million, 3488.6972 million. These values correspond to 10.69%, 9.59%, 5.91%, 4.91%, 4.73% of GREECE's imports and exports, and, respectively, were down 1.30%, down 11.47%, down 7.86%, up 6.86%, up 7.27% comparing to the same period of last year.

Current year until 202010, 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 202010, GREECE's exports to these five countries/territories were 3002.8061 million, 2245.2900 million, 1847.4117 million, 1627.0239 million, 1458.1693 million. These values correspond to 10.59%, 7.92%, 6.52%, 5.74%, 5.14% of GREECE's exports and, respectively, were down 12.82%, up 5.21%, down 4.30%, up 43.56%, down 3.12% comparing with the same period of last year.

Current year until 202010, 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 202010, GREECE's imports from these five countries/territories were 5633.2023 million, 4061.3158 million, 3589.0162 million, 2818.2017 million, 2597.4038 million. These values correspond to 12.42%, 8.96%, 7.91%, 6.21%, 5.73% of GREECE's total imports and, respectively, were down 3.67%, down 10.44%, down 8.42%, up 9.09%, down 34.67% comparing with the same period of last year.

During the current year until 202010, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, LIBYA, ROMANIA, GIBRALTAR at 1510.1794 million, 542.0667 million, 530.5696 million, 408.4407 million, 396.3781 million, and down 2.15%, down 49.79%, down 699.06%, up 132.31%, up 4.38%. And the trade deficits were mainly from GERMANY, CHINA, RUSSIA, NETHERLANDS, IRAQ at 3387.9123 million, 2821.2103 million, 2447.0570 million, 2147.7062 million, 1801.4931 million, and down 8.78%, down 9.28%, down 35.26%, up 12.18%, down 60.49%.

Current year until 202010, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202010,  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 14970.7681 million, 5592.6122 million, 5271.6595 million, 4158.6013 million, 2873.1739 million, which were down 38.64%, up 27.91%, down 5.65%, up 3.65%, down 4.38% comparing with the same period of last year and account for 20.31%, 7.59%, 7.15%, 5.64%, 3.90% of GREECE's total imports and exports.

During the current year until 202010, 27, 30, 84, 76, 39 were GREECE's top five traded commodities, with total import and export values of 6111.0413 million, 2648.0159 million, 1620.9127 million, 1519.8902 million, 1095.6973 million. These values correspond to 21.56%, 9.34%, 5.72%, 5.36%, 3.87% of GREECE's total exports and, respectively, were down 39.50%, up 49.61%, down 3.81%, down 8.06%, down 4.51% comparing to the same period of last year.

During the current year until 202010, 27, 84, 85, 30, 29 were GREECE's top five traded commodities, with total import values of 8859.7269 million, 3650.7468 million, 3065.6470 million, 2944.5962 million, 2734.1837 million. These values correspond to 19.54%, 8.05%, 6.76%, 6.49%, 6.03% of GREECE's total exports and, respectively, were down 38.04%, down 6.44%, up 3.35%, up 13.16%, up 56.10% comparing to the same period of last year.


2. Current year until 202010, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202010, GREECE-China binational exports and imports of goods amounted to 4356.8220 million and were down 7.86% comparing with the same period of last year. Among these, exports from GREECE to China were 767.8059 million and down 5.15%, imports from China to GREECE were 3589.0162 million and down 8.42%. The total binational trade deficit was 2821.2103 million and down 9.28%.

During the urrent year until 202010, 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 990.4380 million, 655.2157 million, 377.9606 million, 158.3246 million, 157.2897 million and makes up 22.73%, 15.04%, 8.68%, 3.63%, 3.61% of the total binational imports and exports. These values were also down 5.07%, up 46.43%, up 1.23%, down 50.97%, down 17.66% comparing to the same period last year.

During the current year until 202010, 27, 25, 84, 26, 30 were the top five traded commodities exported to China from GREECE, with export values of 376.2383 million, 120.9540 million, 88.8305 million, 80.8064 million, 29.6690 million. These values account for 49.00%, 15.75%, 11.57%, 10.52%, 3.86% of GREECE's total exports and were up 1.05%, down 40.13%, up 24.59%, up 98.48%, up 8.86% comparing to the same period of last year.

During the current year until 202010, 84, 85, 61, 94, 64 were GREECE's top five traded commodities importing from China , with import values of 901.6075 million, 647.5536 million, 158.1757 million, 156.3252 million, 149.2885 million. These values account for 25.12%, 18.04%, 4.41%, 4.36%, 4.16% of GREECE's total imports and were down 7.25%, up 47.24%, down 51.00%, down 17.85%, down 26.33% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat