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Monitor Report of GREECE trade and GREECE-China binational trade in 202204

 1.  Overview the trade of GREECE in goods current year until 202204

According to Dalian Infobank, in 202204GREECE's exports and imports of goods amounted to 11858.4116 million, and were up 20.39% comparing with the same period of last year. Among these, exports were up 16.39% at 4442.9311 million, and imports were up 22.91% at 7415.4805 million. And the corresponding trade deficit was 2972.5495 million and up 34.16%.

During the current year until 202204, GREECE's total exports and imports of goods were 47513.4658 million and were up 29.45% comparing to the same period of last year. Among these, exports were 17463.3991 million and up 21.38%; imports were 30050.0667 million and up 34.66%. The total trade deficit was 12586.6676 million and up 58.78%.

If considering by country (region), GERMANY, ITALY, CHINA, RUSSIA, IRAQ were GREECE's top five trading partners. During the current year until 202204, GREECE's imports and exports to five countries/territories were 4333.3311 million, 4033.9522 million, 2782.2497 million, 2485.9247 million, 2355.2140 million. These values correspond to 9.12%, 8.49%, 5.86%, 5.23%, 4.96% of GREECE's imports and exports, and, respectively, were up 13.67%, up 26.09%, up 45.18%, up 100.91%, up 64.66% comparing to the same period of last year.

Current year until 202204, GREECE and the top five trade partners ITALY, GERMANY, CYPRUS, BULGARIA, TURKEY are the top five countries/territories that GREECE exports to in terms of the total export amount. During the current year until 202204, GREECE's exports to these five countries/territories were 1887.8750 million, 1243.3353 million, 1056.7943 million, 937.7698 million, 738.8836 million. These values correspond to 10.81%, 7.12%, 6.05%, 5.37%, 4.23% of GREECE's exports and, respectively, were up 43.47%, up 11.44%, up 14.25%, up 42.66%, up 15.00% comparing with the same period of last year.

Current year until 202204, GREECE's exports to top five countries/territories GERMANY, CHINA, RUSSIA, IRAQ, ITALY are the top five countries/territories that GREECE imports from in terms of the total export amount. During the current year until 202204, GREECE's imports from these five countries/territories were 3089.9958 million, 2658.5162 million, 2438.9380 million, 2341.4438 million, 2146.0771 million. These values correspond to 10.28%, 8.85%, 8.12%, 7.79%, 7.14% of GREECE's total imports and, respectively, were up 14.60%, up 61.43%, up 108.48%, up 65.72%, up 13.94% comparing with the same period of last year.

During the current year until 202204, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, GIBRALTAR, UNITED KINGDOM, THE REPUBLIC OF NORTH MACEDONIA at 880.9305 million, 527.4456 million, 493.4693 million, 362.0388 million, 320.0651 million, and up 17.68%, up 55.58%, up 99.26%, up 99.56%, up 88.16%. And the trade deficits were mainly from CHINA, RUSSIA, IRAQ, GERMANY, NETHERLANDS at 2534.7827 million, 2391.9512 million, 2327.6736 million, 1846.6605 million, 1052.5633 million, and up 84.05%, up 116.98%, up 66.81%, up 16.83%, down 4.70%.

Current year until 202204, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202204,  commodities with hs2 codes, 27, 84, 85, 30, 76, were GREECE's top five traded commodities. They correspond to the import and export values of 14737.3242 million, 2789.3608 million, 2555.6509 million, 2540.6700 million, 1848.5620 million, which were up 71.22%, up 19.85%, up 20.12%, down 5.57%, up 49.44% comparing with the same period of last year and account for 31.02%, 5.87%, 5.38%, 5.35%, 3.89% of GREECE's total imports and exports.

During the current year until 202204, 27, 76, 30, 84, 85 were GREECE's top five traded commodities, with total import and export values of 5378.9938 million, 1053.5344 million, 967.2566 million, 838.7008 million, 738.6219 million. These values correspond to 30.80%, 6.03%, 5.54%, 4.80%, 4.23% of GREECE's total exports and, respectively, were up 52.81%, up 37.55%, down 25.03%, up 36.51%, up 19.77% comparing to the same period of last year.

During the current year until 202204, 27, 84, 85, 30, 87 were GREECE's top five traded commodities, with total import values of 9358.3304 million, 1950.6600 million, 1817.0290 million, 1573.4134 million, 1229.9311 million. These values correspond to 31.14%, 6.49%, 6.05%, 5.24%, 4.09% of GREECE's total exports and, respectively, were up 83.97%, up 13.87%, up 20.26%, up 12.36%, up 4.10% comparing to the same period of last year.


2. Current year until 202204, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202204, GREECE-China binational exports and imports of goods amounted to 2782.2497 million and were up 45.18% comparing with the same period of last year. Among these, exports from GREECE to China were 123.7335 million and down 54.10%, imports from China to GREECE were 2658.5162 million and up 61.43%. The total binational trade deficit was 2534.7827 million and up 84.05%.

During the urrent year until 202204, commodities with hs2 code, 84, 85, 94, 95, 64, were binational trade's top five traded commodities. They correspond to import and export values of 653.0442 million, 552.3498 million, 119.0520 million, 91.0333 million, 88.4807 million and makes up 23.47%, 19.85%, 4.28%, 3.27%, 3.18% of the total binational imports and exports. These values were also up 63.94%, up 53.05%, up 31.79%, up 63.35%, up 42.90% comparing to the same period last year.

During the current year until 202204, 25, 84, 26, 30, 04 were the top five traded commodities exported to China from GREECE, with export values of 31.4266 million, 25.7012 million, 15.7824 million, 15.5761 million, 8.7457 million. These values account for 25.40%, 20.77%, 12.76%, 12.59%, 7.07% of GREECE's total exports and were down 47.68%, down 22.85%, down 34.73%, up 45.63%, up 150.52% comparing to the same period of last year.

During the current year until 202204, 84, 85, 94, 95, 64 were GREECE's top five traded commodities importing from China , with import values of 627.3429 million, 550.6950 million, 118.7866 million, 90.9758 million, 88.4415 million. These values account for 23.60%, 20.71%, 4.47%, 3.42%, 3.33% of GREECE's total imports and were up 71.86%, up 53.69%, up 32.19%, up 63.26%, up 42.92% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat