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Monitor Report of GREECE trade and GREECE-China binational trade in 202207

 1.  Overview the trade of GREECE in goods current year until 202207

According to Dalian Infobank, in 202207GREECE's exports and imports of goods amounted to 13170.9130 million, and were up 19.10% comparing with the same period of last year. Among these, exports were up 20.47% at 5060.3929 million, and imports were up 18.27% at 8110.5201 million. And the corresponding trade deficit was 3050.1272 million and up 14.79%.

During the current year until 202207, GREECE's total exports and imports of goods were 89183.3178 million and were up 30.65% comparing to the same period of last year. Among these, exports were 33395.8550 million and up 25.41%; imports were 55787.4627 million and up 34.00%. The total trade deficit was 22391.6077 million and up 49.24%.

If considering by country (region), GERMANY, ITALY, CHINA, RUSSIA, IRAQ were GREECE's top five trading partners. During the current year until 202207, GREECE's imports and exports to five countries/territories were 7594.8617 million, 7372.8169 million, 5196.8548 million, 4927.9065 million, 4441.9715 million. These values correspond to 8.52%, 8.27%, 5.83%, 5.53%, 4.98% of GREECE's imports and exports, and, respectively, were up 10.08%, up 17.11%, up 39.75%, up 97.00%, up 68.66% comparing to the same period of last year.

Current year until 202207, GREECE and the top five trade partners ITALY, GERMANY, BULGARIA, CYPRUS, UNITED STATES are the top five countries/territories that GREECE exports to in terms of the total export amount. During the current year until 202207, GREECE's exports to these five countries/territories were 3408.2979 million, 2280.2052 million, 2104.8921 million, 1981.7194 million, 1445.4905 million. These values correspond to 10.21%, 6.83%, 6.30%, 5.93%, 4.33% of GREECE's exports and, respectively, were up 29.77%, up 10.05%, up 71.61%, up 15.37%, up 32.71% comparing with the same period of last year.

Current year until 202207, 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 202207, GREECE's imports from these five countries/territories were 5314.6564 million, 4964.5268 million, 4851.8367 million, 4417.2869 million, 3964.5190 million. These values correspond to 9.53%, 8.90%, 8.70%, 7.92%, 7.11% of GREECE's total imports and, respectively, were up 10.10%, up 56.35%, up 104.07%, up 77.07%, up 8.04% comparing with the same period of last year.

During the current year until 202207, the trade surplus of GREECE was mainly from CYPRUS, LEBANON, GIBRALTAR, UNITED KINGDOM, THE REPUBLIC OF NORTH MACEDONIA at 1648.7004 million, 941.4813 million, 865.1111 million, 823.0012 million, 675.9852 million, and up 17.92%, up 33.57%, up 82.53%, up 124.19%, up 112.01%. And the trade deficits were mainly from RUSSIA, CHINA, IRAQ, GERMANY, KAZAKHSTAN at 4775.7668 million, 4732.1987 million, 4392.6023 million, 3034.4512 million, 1934.1076 million, and up 111.91%, up 79.80%, up 86.47%, up 10.13%, up 27.57%.

Current year until 202207, GREECE's trade surplus or deficit with top five countries/territories During the current year until 202207,  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 30021.7861 million, 4872.9048 million, 4729.3842 million, 4213.4548 million, 3337.4467 million, which were up 79.63%, up 8.12%, up 20.98%, down 13.02%, up 45.97% comparing with the same period of last year and account for 33.66%, 5.46%, 5.30%, 4.72%, 3.74% of GREECE's total imports and exports.

During the current year until 202207, 27, 76, 30, 85, 84 were GREECE's top five traded commodities, with total import and export values of 11820.8391 million, 1924.6745 million, 1640.4313 million, 1364.5094 million, 1356.6172 million. These values correspond to 35.40%, 5.76%, 4.91%, 4.09%, 4.06% of GREECE's total exports and, respectively, were up 70.59%, up 36.36%, down 27.02%, up 12.51%, up 16.45% comparing to the same period of last year.

During the current year until 202207, 27, 84, 85, 30, 87 were GREECE's top five traded commodities, with total import values of 18200.9470 million, 3516.2875 million, 3364.8749 million, 2573.0234 million, 2222.7055 million. These values correspond to 32.63%, 6.30%, 6.03%, 4.61%, 3.98% of GREECE's total exports and, respectively, were up 86.03%, up 5.22%, up 24.79%, down 0.91%, up 7.08% comparing to the same period of last year.


2. Current year until 202207, GREECE binational trade profile

According to Dalian Infobank, during the current year until 202207, GREECE-China binational exports and imports of goods amounted to 5196.8548 million and were up 39.75% comparing with the same period of last year. Among these, exports from GREECE to China were 232.3280 million and down 57.25%, imports from China to GREECE were 4964.5268 million and up 56.35%. The total binational trade deficit was 4732.1987 million and up 79.80%.

During the urrent year until 202207, commodities with hs2 code, 84, 85, 94, 61, 39, were binational trade's top five traded commodities. They correspond to import and export values of 1131.7978 million, 1117.1042 million, 205.2627 million, 182.9847 million, 172.7228 million and makes up 21.78%, 21.50%, 3.95%, 3.52%, 3.32% of the total binational imports and exports. These values were also up 41.95%, up 78.00%, up 26.61%, up 64.87%, up 35.64% comparing to the same period last year.

During the current year until 202207, 25, 84, 30, 26, 04 were the top five traded commodities exported to China from GREECE, with export values of 61.6816 million, 45.5428 million, 31.0503 million, 30.8425 million, 14.1379 million. These values account for 26.55%, 19.60%, 13.36%, 13.28%, 6.09% of GREECE's total exports and were down 55.12%, down 26.49%, up 30.50%, down 16.60%, up 89.35% comparing to the same period of last year.

During the current year until 202207, 85, 84, 94, 61, 95 were GREECE's top five traded commodities importing from China , with import values of 1113.5359 million, 1086.2551 million, 204.8508 million, 182.8816 million, 171.0062 million. These values account for 22.43%, 21.88%, 4.13%, 3.68%, 3.44% of GREECE's total imports and were up 78.72%, up 47.72%, up 26.94%, up 64.96%, up 62.56% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat