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Monitor Report of GREECE trade and GREECE-China binational trade in 202107

 1.  Overview the trade of GREECE in goods current year until 202107

According to Dalian Infobank, in 202107GREECE's exports and imports of goods amounted to 10854.2050 million, and were up 26.67% comparing with the same period of last year. Among these, exports were up 24.66% at 4173.3664 million, and imports were up 27.96% at 6680.8386 million. And the corresponding trade deficit was 2507.4722 million and up 33.85%.

During the current year until 202107, GREECE's total exports and imports of goods were 68016.3172 million and were up 33.22% comparing to the same period of last year. Among these, exports were 26571.6413 million and up 35.05%; imports were 41444.6759 million and up 32.08%. The total trade deficit was 14873.0346 million and up 27.09%.

If considering by country (region), GERMANY, ITALY, CHINA, FRANCE, NETHERLANDS were GREECE's top five trading partners. During the current year until 202107, GREECE's imports and exports to five countries/territories were 6887.6542 million, 6290.6711 million, 3718.7913 million, 3194.4667 million, 3110.0325 million. These values correspond to 10.13%, 9.25%, 5.47%, 4.70%, 4.57% of GREECE's imports and exports, and, respectively, were up 28.49%, up 28.47%, up 28.41%, up 27.18%, up 32.24% comparing to the same period of last year.

Current year until 202107, 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 202107, GREECE's exports to these five countries/territories were 2600.9898 million, 2068.7008 million, 1725.1927 million, 1455.7965 million, 1220.0043 million. These values correspond to 9.79%, 7.79%, 6.49%, 5.48%, 4.59% of GREECE's exports and, respectively, were up 22.53%, up 29.56%, up 36.83%, up 27.74%, up 20.27% comparing with the same period of last year.

Current year until 202107, GREECE's exports to top five countries/territories GERMANY, ITALY, CHINA, IRAQ, NETHERLANDS are the top five countries/territories that GREECE imports from in terms of the total export amount. During the current year until 202107, GREECE's imports from these five countries/territories were 4818.9533 million, 3689.6813 million, 3175.3229 million, 2488.4301 million, 2469.6786 million. These values correspond to 11.63%, 8.90%, 7.66%, 6.00%, 5.96% of GREECE's total imports and, respectively, were up 28.03%, up 33.02%, up 33.61%, up 102.02%, up 31.50% comparing with the same period of last year.

During the current year until 202107, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, GIBRALTAR, ROMANIA, SOUTH KOREA at 1421.4943 million, 703.0299 million, 469.2846 million, 383.7750 million, 374.8236 million, and up 36.81%, up 93.71%, up 42.73%, up 34.96%, up 3943.46%. And the trade deficits were mainly from GERMANY, CHINA, IRAQ, RUSSIA, NETHERLANDS at 2750.2525 million, 2631.8545 million, 2349.4037 million, 2244.5472 million, 1829.3247 million, and up 26.90%, up 41.73%, up 98.27%, up 19.34%, up 30.27%.

Current year until 202107, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202107,  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 16684.1286 million, 4832.4406 million, 4517.7747 million, 3904.5486 million, 2747.2760 million, which were up 54.65%, up 22.16%, up 27.97%, up 37.91%, up 37.68% comparing with the same period of last year and account for 24.53%, 7.10%, 6.64%, 5.74%, 4.04% of GREECE's total imports and exports.

During the current year until 202107, 27, 30, 76, 85, 84 were GREECE's top five traded commodities, with total import and export values of 6913.9011 million, 2239.6530 million, 1407.2577 million, 1212.6793 million, 1169.3376 million. These values correspond to 26.02%, 8.43%, 5.30%, 4.56%, 4.40% of GREECE's total exports and, respectively, were up 61.17%, up 22.08%, up 35.70%, up 63.02%, up 6.84% comparing to the same period of last year.

During the current year until 202107, 27, 84, 85, 30, 87 were GREECE's top five traded commodities, with total import values of 9770.2275 million, 3348.4371 million, 2691.8693 million, 2592.7876 million, 2078.2619 million. These values correspond to 23.57%, 8.08%, 6.50%, 6.26%, 5.01% of GREECE's total exports and, respectively, were up 50.34%, up 37.46%, up 28.97%, up 22.23%, up 58.66% comparing to the same period of last year.


2. Current year until 202107, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202107, GREECE-China binational exports and imports of goods amounted to 3718.7913 million and were up 28.41% comparing with the same period of last year. Among these, exports from GREECE to China were 543.4684 million and up 4.61%, imports from China to GREECE were 3175.3229 million and up 33.61%. The total binational trade deficit was 2631.8545 million and up 41.73%.

During the urrent year until 202107, commodities with hs2 code, 84, 85, 27, 94, 25, were binational trade's top five traded commodities. They correspond to import and export values of 797.2963 million, 627.5971 million, 213.5912 million, 162.1187 million, 138.0233 million and makes up 21.44%, 16.88%, 5.74%, 4.36%, 3.71% of the total binational imports and exports. These values were also up 20.58%, up 53.76%, down 15.18%, up 49.25%, up 86.33% comparing to the same period last year.

During the current year until 202107, 27, 25, 84, 26, 30 were the top five traded commodities exported to China from GREECE, with export values of 212.6034 million, 137.4509 million, 61.9530 million, 36.9824 million, 23.7938 million. These values account for 39.12%, 25.29%, 11.40%, 6.80%, 4.38% of GREECE's total exports and were down 15.17%, up 88.04%, down 11.05%, down 34.61%, up 24.92% comparing to the same period of last year.

During the current year until 202107, 84, 85, 94, 39, 61 were GREECE's top five traded commodities importing from China , with import values of 735.3432 million, 623.0637 million, 161.3813 million, 123.8001 million, 110.8619 million. These values account for 23.16%, 19.62%, 5.08%, 3.90%, 3.49% of GREECE's total imports and were up 24.31%, up 54.23%, up 49.50%, up 38.54%, up 7.01% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat