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Monitor Report of GREECE trade and GREECE-China binational trade in 202012

 1.  Overview the trade of GREECE in goods current year until 202012

According to Dalian Infobank, in 202012GREECE's exports and imports of goods amounted to 9029.6321 million, and were up 9.07% comparing with the same period of last year. Among these, exports were up 12.24% at 3626.4097 million, and imports were up 7.04% at 5403.2224 million. And the corresponding trade deficit was 1776.8127 million and down 2.19%.

During the current year until 202012, GREECE's total exports and imports of goods were 90606.3816 million and were down 9.77% comparing to the same period of last year. Among these, exports were 35093.7716 million and down 7.42%; imports were 55512.6100 million and down 11.19%. The total trade deficit was 20418.8384 million and down 17.01%.

If considering by country (region), GERMANY, ITALY, CHINA, FRANCE, NETHERLANDS were GREECE's top five trading partners. During the current year until 202012, GREECE's imports and exports to five countries/territories were 9628.5498 million, 8752.4031 million, 5258.4768 million, 4484.9242 million, 4324.6120 million. These values correspond to 10.63%, 9.66%, 5.80%, 4.95%, 4.77% of GREECE's imports and exports, and, respectively, were up 1.43%, down 8.19%, down 5.17%, up 10.57%, up 9.15% comparing to the same period of last year.

Current year until 202012, 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 202012, GREECE's exports to these five countries/territories were 3721.6335 million, 2731.1707 million, 2265.8371 million, 2036.0446 million, 1752.3059 million. These values correspond to 10.60%, 7.78%, 6.46%, 5.80%, 4.99% of GREECE's exports and, respectively, were down 9.64%, up 6.36%, down 2.13%, up 52.09%, down 4.56% comparing with the same period of last year.

Current year until 202012, 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 202012, GREECE's imports from these five countries/territories were 6897.3791 million, 5030.7696 million, 4279.3341 million, 3528.1684 million, 3318.7088 million. These values correspond to 12.42%, 9.06%, 7.71%, 6.36%, 5.98% of GREECE's total imports and, respectively, were down 0.41%, down 7.08%, down 5.86%, up 11.37%, down 27.37% comparing with the same period of last year.

During the current year until 202012, the trade surplus of GREECE was mainly from CYPRUS, LIBYA, LEBANON, ROMANIA, GIBRALTAR at 1855.1302 million, 666.5410 million, 659.4056 million, 511.8469 million, 481.4113 million, and up 0.07%, down 403.76%, down 46.96%, up 135.87%, down 10.50%. And the trade deficits were mainly from GERMANY, CHINA, RUSSIA, NETHERLANDS, IRAQ at 4166.2085 million, 3300.1915 million, 3134.6384 million, 2731.7248 million, 2223.8709 million, and down 4.39%, down 6.94%, down 27.70%, up 15.07%, down 55.69%.

Current year until 202012, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202012,  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 18694.9140 million, 6841.4114 million, 6438.3464 million, 5241.8539 million, 3478.2601 million, which were down 35.02%, up 29.61%, down 2.63%, up 5.72%, down 1.42% comparing with the same period of last year and account for 20.63%, 7.55%, 7.11%, 5.79%, 3.84% of GREECE's total imports and exports.

During the current year until 202012, 27, 30, 84, 76, 85 were GREECE's top five traded commodities, with total import and export values of 7681.7506 million, 3291.9733 million, 1960.7557 million, 1842.6913 million, 1400.7453 million. These values correspond to 21.89%, 9.38%, 5.59%, 5.25%, 3.99% of GREECE's total exports and, respectively, were down 35.68%, up 51.67%, down 1.03%, down 3.73%, up 7.58% comparing to the same period of last year.

During the current year until 202012, 27, 84, 85, 30, 29 were GREECE's top five traded commodities, with total import values of 11013.1634 million, 4477.5907 million, 3841.1086 million, 3549.4381 million, 3282.8073 million. These values correspond to 19.84%, 8.07%, 6.92%, 6.39%, 5.91% of GREECE's total exports and, respectively, were down 34.56%, down 3.31%, up 5.06%, up 14.20%, up 53.13% comparing to the same period of last year.


2. Current year until 202012, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202012, GREECE-China binational exports and imports of goods amounted to 5258.4768 million and were down 5.17% comparing with the same period of last year. Among these, exports from GREECE to China were 979.1427 million and down 2.03%, imports from China to GREECE were 4279.3341 million and down 5.86%. The total binational trade deficit was 3300.1915 million and down 6.94%.

During the urrent year until 202012, commodities with hs2 code, 84, 85, 27, 94, 61, were binational trade's top five traded commodities. They correspond to import and export values of 1144.1996 million, 804.9733 million, 499.7805 million, 191.5474 million, 180.7508 million and makes up 21.76%, 15.31%, 9.50%, 3.64%, 3.44% of the total binational imports and exports. These values were also down 2.29%, up 43.79%, up 6.28%, down 13.03%, down 50.55% comparing to the same period last year.

During the current year until 202012, 27, 25, 84, 26, 30 were the top five traded commodities exported to China from GREECE, with export values of 497.9093 million, 159.6090 million, 98.6011 million, 90.6216 million, 37.6265 million. These values account for 50.85%, 16.30%, 10.07%, 9.26%, 3.84% of GREECE's total exports and were up 6.13%, down 32.89%, up 16.10%, up 68.41%, up 9.07% comparing to the same period of last year.

During the current year until 202012, 84, 85, 94, 61, 64 were GREECE's top five traded commodities importing from China , with import values of 1045.5985 million, 795.2399 million, 189.9975 million, 180.5623 million, 170.4686 million. These values account for 24.43%, 18.58%, 4.44%, 4.22%, 3.98% of GREECE's total imports and were down 3.73%, up 44.88%, down 13.36%, down 50.58%, down 29.61% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat