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Monitor Report of GREECE trade and GREECE-China binational trade in 202101

 1.  Overview the trade of GREECE in goods current year until 202101

According to Dalian Infobank, in 202101GREECE's exports and imports of goods amounted to 7863.9229 million, and were down 6.82% comparing with the same period of last year. Among these, exports were down 3.66% at 3054.6136 million, and imports were down 8.72% at 4809.3093 million. And the corresponding trade deficit was 1754.6957 million and down 16.36%.

During the current year until 202101, GREECE's total exports and imports of goods were 7863.9229 million and were down 6.82% comparing to the same period of last year. Among these, exports were 3054.6136 million and down 3.66%; imports were 4809.3093 million and down 8.72%. The total trade deficit was 1754.6957 million and down 16.36%.

If considering by country (region), GERMANY, ITALY, FRANCE, CHINA, NETHERLANDS were GREECE's top five trading partners. During the current year until 202101, GREECE's imports and exports to five countries/territories were 845.9221 million, 658.9493 million, 438.5212 million, 405.3834 million, 392.3193 million. These values correspond to 10.76%, 8.38%, 5.58%, 5.15%, 4.99% of GREECE's imports and exports, and, respectively, were up 12.85%, down 18.70%, up 24.00%, down 30.20%, up 12.89% comparing to the same period of last year.

Current year until 202101, GREECE and the top five trade partners ITALY, GERMANY, FRANCE, CYPRUS, BULGARIA are the top five countries/territories that GREECE exports to in terms of the total export amount. During the current year until 202101, GREECE's exports to these five countries/territories were 297.1443 million, 249.4338 million, 224.8539 million, 189.4917 million, 144.9276 million. These values correspond to 9.73%, 8.17%, 7.36%, 6.20%, 4.74% of GREECE's exports and, respectively, were down 32.23%, up 8.12%, up 68.56%, up 6.56%, down 5.63% comparing with the same period of last year.

Current year until 202101, GREECE's exports to top five countries/territories GERMANY, CHINA, ITALY, NETHERLANDS, RUSSIA are the top five countries/territories that GREECE imports from in terms of the total export amount. During the current year until 202101, GREECE's imports from these five countries/territories were 596.4883 million, 368.2971 million, 361.8050 million, 331.5128 million, 264.1780 million. These values correspond to 12.40%, 7.66%, 7.52%, 6.89%, 5.49% of GREECE's total imports and, respectively, were up 14.95%, down 17.65%, down 2.77%, up 13.85%, down 47.27% comparing with the same period of last year.

During the current year until 202101, the trade surplus of GREECE was mainly from CYPRUS, SINGAPORE, LEBANON, ALBANIA, UNITED KINGDOM at 153.9592 million, 72.0885 million, 59.7250 million, 58.4322 million, 55.0815 million, and up 4.71%, up 846.94%, down 44.75%, up 47.39%, up 304.97%. And the trade deficits were mainly from GERMANY, CHINA, NETHERLANDS, IRAQ, RUSSIA at 347.0545 million, 331.2108 million, 270.7063 million, 253.3613 million, 250.6949 million, and up 20.43%, up 5.56%, up 15.26%, down 20.45%, down 48.71%.

Current year until 202101, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202101,  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 1730.2126 million, 629.1709 million, 505.1490 million, 453.1239 million, 290.3158 million, which were down 29.72%, up 16.90%, down 3.78%, up 6.81%, up 5.94% comparing with the same period of last year and account for 22.00%, 8.00%, 6.42%, 5.76%, 3.69% of GREECE's total imports and exports.

During the current year until 202101, 27, 30, 76, 84, 85 were GREECE's top five traded commodities, with total import and export values of 620.2379 million, 305.9913 million, 171.4492 million, 146.7537 million, 133.8050 million. These values correspond to 20.30%, 10.02%, 5.61%, 4.80%, 4.38% of GREECE's total exports and, respectively, were down 35.43%, up 33.86%, up 12.60%, down 16.57%, up 28.72% comparing to the same period of last year.

During the current year until 202101, 27, 84, 30, 85, 29 were GREECE's top five traded commodities, with total import values of 1109.9747 million, 358.3953 million, 323.1796 million, 319.3189 million, 260.6221 million. These values correspond to 23.08%, 7.45%, 6.72%, 6.64%, 5.42% of GREECE's total exports and, respectively, were down 26.07%, up 2.66%, up 4.38%, down 0.30%, up 19.29% comparing to the same period of last year.


2. Current year until 202101, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202101, GREECE-China binational exports and imports of goods amounted to 405.3834 million and were down 30.20% comparing with the same period of last year. Among these, exports from GREECE to China were 37.0863 million and down 72.22%, imports from China to GREECE were 368.2971 million and down 17.65%. The total binational trade deficit was 331.2108 million and up 5.56%.

During the urrent year until 202101, commodities with hs2 code, 84, 85, 64, 94, 61, were binational trade's top five traded commodities. They correspond to import and export values of 90.8236 million, 67.2023 million, 19.9473 million, 17.7932 million, 16.1579 million and makes up 22.40%, 16.58%, 4.92%, 4.39%, 3.99% of the total binational imports and exports. These values were also down 16.17%, up 14.31%, down 45.13%, down 10.87%, down 43.36% comparing to the same period last year.

During the current year until 202101, 25, 84, 26, 30, 27 were the top five traded commodities exported to China from GREECE, with export values of 12.8114 million, 8.1537 million, 5.7932 million, 2.6523 million, 0.9096 million. These values account for 34.54%, 21.99%, 15.62%, 7.15%, 2.45% of GREECE's total exports and were down 2.84%, up 57.27%, down 10.25%, up 23.88%, down 99.08% comparing to the same period of last year.

During the current year until 202101, 84, 85, 64, 94, 61 were GREECE's top five traded commodities importing from China , with import values of 82.6699 million, 66.6901 million, 19.9386 million, 17.7925 million, 16.1424 million. These values account for 22.45%, 18.11%, 5.41%, 4.83%, 4.38% of GREECE's total imports and were down 19.86%, up 15.26%, down 45.15%, down 10.36%, down 43.40% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat