Greece balance of trade


Greece balance of trade: -2353.6 (-30.57%)
Last Update: June 30, 2024

Greece balance of trade closed down -2353.6 as of June 30, 2024 from -3390 from the previous month and -2610.6 from last year.


Greece balance of trade Analytics & Data




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Greece balance of trade

Date Values
2024-06-30 -2353.6
2024-05-31 -3390
2024-04-30 -3044.7
2024-03-31 -2419.6
2024-02-29 -2986.3
2024-01-31 -2579.5
2023-12-31 -3337.7
2023-11-30 -2659.7
2023-10-31 -2806.3
2023-09-30 -2702.6
2023-08-31 -2709.5
2023-07-31 -2518.3
2023-06-30 -2610.6
2023-05-31 -2982.6
2023-04-30 -2153.2
2023-03-31 -2583.2
2023-02-28 -2257.9
2023-01-31 -2372.8
2022-12-31 -2954.5
2022-11-30 -3708.7
2022-10-31 -4053.1
2022-09-30 -3605.2
2022-08-31 -2934.2
2022-07-31 -2996.5

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Greece balance of trade Statistics


Indicator Symbol Actual Previous M/M% Y/Y% Trend Slope Percentile Update
balance of trade gr.balanceoftrade -3390.0 -3044.7 11 35 Down Down 72 2024-07-31

Greece balance of trade Quantitative Analysis, Charts & Factors

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Greece balance of trade Historical Data

The MacroVar database offers free access to historical data for the Greece balance of trade, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of Greece balance of trade data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the Greece balance of trade

Greece's balance of trade refers to the difference between the value of the country's exports and imports. A positive balance of trade occurs when exports exceed imports, leading to a trade surplus, while a negative balance of trade occurs when imports exceed exports, resulting in a trade deficit. Greece has historically struggled with a negative balance of trade, as the country relies heavily on imports for consumer goods and energy resources. This trade deficit has put a strain on the Greek economy, leading to economic challenges such as high levels of debt and unemployment. Efforts to improve the balance of trade through export promotion and import substitution have been made in recent years, but Greece continues to face challenges in achieving a more balanced trade relationship with other countries.