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Home International Customs Greece

Greece’s trade balance widens in 2017 as exports and imports grow

byCT Report
17/02/2018
in Greece
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ATHENS: Greece’s balance of trade deficit grew to 21.5 billion euros in 2017, up by 2.8 billion euros in relation to 2016. According to Eurostat, Greek exports during the preceding year reached a value of 28.8 billion euros, an increase of 13  percent, yoy.

The breakdown was 8.8 percent for exports in the European Union and 20 percent towards third countries.

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Conversely, imports in the recession-battered country totaled 50.3 billion euros, a rise of 13 percent; 8 higher from EU countries and 21 percent from third countries.

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