Greece's trade deficit in August 2026 reached 2.2 billion euros, up from 2.1 billion euros in the same month last year. This increase indicates significant changes in the country's trade situation.
Significant Growth in Imports
In this month, Greece's imports reached 6.5 billion euros, marking a 17.7% increase compared to last year. A large part of this increase is related to higher purchases from non-EU countries (+28%) and EU member countries (+8.9%). This growth in imports may indicate increased domestic demand.
Read more: Decrease in Iron Ore and Steel Prices in China Due to Holiday Effects
Growing Exports
In contrast, Greece's exports also reached 4.3 billion euros, increasing by 26.7% compared to last year. This increase is due to a rise in shipments to non-EU countries (+29.2%) and EU member countries (+24.5%). These figures indicate that Greece has been able to strengthen its position in international markets.
In the eight-month period (January to August), Greece's trade deficit has slightly decreased to 21.4 billion euros, compared to 22.0 billion euros in the same period last year, indicating an improvement in the country's trade situation. This decrease may be due to increased exports and the government's economic efforts to improve the trade balance. Overall, Greece's trade situation is currently influenced by various economic factors, including domestic demand and global market conditions.
Read more: Stolt-Nielsen's Financial Results in the Third Quarter of 2026 Faced a Decrease in Net Profit · Europe's Diesel Imports Hit Lowest Level in September
