Trade

2018

According to provisional data by the Hellenic Statistical Authority for 2018, the total value of exports amounted to €33,417.9 million, in comparison to € 28,877.4 million in 2017, increased therefore by 15.7%. The corresponding increase excluding oil products was 10.7% (€22,152.4 million from €20,010.6 million in 2017), while excluding oil products and ships it reached 10.6% (from €19,898.6 million in 2017 to €22,011.0 million in 2018).

Greek exports in 2018 were mainly mineral fuels, lubricants and related materials (34.3%), followed by manufactured goods mainly classified by material (15.7%), food (13.7%) and chemicals (10.4%).

As far as imports are concerned, the total value of imports during 2018 amounted to €55,129.8 million, in comparison to €50,350.9 million during 2017, increased therefore by 9.5%. The corresponding increase excluding oil products was 2.9% (from €38,494.5 million in 2017 to €39,602.4 million in 2018), while excluding oil products and ships it reached 8.2% (from €35,403.2 million in 2017 to €38,299.5 million in 2018).

Greek imports in 2018 were mainly mineral fuels, lubricants and related materials (appr. 29% of imports), followed by machinery and transport equipment (19.5%) and chemicals (14.4%).

Destination Countries (2018)

Exports to the European Union (EU) reached 52.8% of total exports in 2018, highlighting the importance of Greek foreign trade to the EU. In 2018, Greek exports to Italy, Lebanon, USA, France, Egypt, Spain, China and Libya increased significantly.

Main export partners:

  • Italy (10.3%) 
  • Germany (6.4%)
  • Turkey (6.1%)
  • Cyprus (5.7%)
  • Lebanon (4.5%)
  • Bulgaria (4.4%)
  • USA(4.1%)
  • UK (3.6%)

Imports

In 2018, imports increased by 9.5%, to €55,129.8 million, from €50,350.9 million in 2017.

Countries of origin (2018):

The EU was an important trade partner of Greece for imports in 2018, accounting for 51.4% of total imports.

Main countries:

  • Germany (10.5%)
  • Iraq (8.3%)
  • Italy (8.2%)
  • Russia (7.5%)
  • China (6.5%)
  • Netherlands (5.1%)
  • France (4.0%)
  • Spain (3.7%)

Total foreign trade

Total foreign trade (imports and exports) of goods in Greece amounted to €88,547.7 million in 2018. Although the export of goods is lower than the import of goods, the trade deficit for the most part, is balanced by the export of services, including shipping, tourism, and financial services.

Export - Import Data

Greek Exports / Country (in million Euros)

Country

2018

2017

2016

Italy

3,454

3,080

2,832

Germany

2,151

2,056

1,959

Turkey

2,035

1,953

1,351

Cyprus

1,891

1,855

1,633

Lebanon

1,489

1,250

1,049

Bulgaria

1,488

1,396

1,312

USA

1,371

1,123

1,095

UK

1,208

1,126

1,076

Egypt

1,161

755

750

Spain

1,106

703

704

France

1,018

777

713

Others

15,046

12,803

10,990

TOTAL

33,418

28,877

25,464


Greek Imports / Country (in million Euros)

Country

2018

2017

2016

Germany

5,798

5,278

4,905

Iraq

4,548

3,146

2,346

Italy

4,507

4,091

3,889

Russia

4,145

3,426

2,822

China

3,593

2,719

2,887

Netherlands

2,799

2,675

2,452

France

2,184

2,145

1,948

Spain

2,046

1,775

1,634

Bulgaria

1,880

1,736

1,609

Turkey

1,847

1,436

1,374

Belgium

1,704

1,773

1,593

Others

20,079

20,151

16,729

TOTAL

55,130

50,351

44,188

 

Greek Exports / Sector (in million Euros)

2018

2017

2016

Mineral fuels and lubricants

11,481

8,979

6,897

Manufactured goods mainly classified by material

5,251

4,638

3,980

Food and live animals

4,596

4,364

4,291

Chemicals

3,493

3,071

2,742

Machinery and transport equipment

2,932

2,594

2,607

Various industrial products

2,322

2,115

1,963

Others

3,343

3,116

2,983

TOTAL

33,418

28,877

25,463


Greek Imports / Sector (in million Euros)

2018

2017

2016

Mineral fuels and lubricants

15,999

12,216

9,728

Machinery and transport equipment

10,752

11,257

9,764

Chemicals

7,965

7,425

6,878

Manufactured goods mainly classified by material

6,519

5,975

5,281

Various industrial products

5,799

5,366

5,126

Food and live animals

5,747

5,671

5,402

Others

2,349

2.441

2,008

TOTAL

55,130

50,351

44,187


Source: Hellenic Statistical Authority, provisional data. Small variations of the total values by country and sector are due to ongoing revisions by the Hellenic Statistical Authority

LOGIN

Cookies make it easier for us to provide you with our services. With the usage of our services you permit us to use cookies.
More information Ok