Greece

In 2013, the value of merchandise exports of Greece increased slightly by 3.1 percent to reach 36.3 bln US$, while its merchandise imports decreased slightly by 1.9 percent to reach 61.2 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a moderate deficit of 24.9 bln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -12.8 bln US$ (see graph 4). Merchandise exports in Greece were diversified amongst partners; imports were also diversified. The top 24 partners accounted for 80 percent or more of exports and 18 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of Greece decreased substantially by 11.0 percent, reaching 35.4 bln US$, while its imports of services decreased substantially by 18.1 percent and reached 15.9 bln US$ (see graph 2). There was a large trade in services surplus of 19.5 bln US$.

Related Subject(s): International Trade and Finance

Countries: Greece