Trade Resources Economy Brief Report of Greece's Trade in July 2016

Brief Report of Greece's Trade in July 2016

According to the statistics from Eurostat, Greece’s volume of goods trade was USD44.0 billion from January to July in 2016, down 2.8% year-on-year (the same below). Exports fell by 6.9% to USD15.9 billion, and imports fell by 0.3% to USD28.10 billion. The trade deficit grew by 9.8% to USD12.20 billion.

In July, Greece’s volume of goods trade grew by 9.4% to USD6.46 billion. Exports fell by 2.9% to USD2.49 billion and imports grew by 18.8% to USD3.97 billion. And the trade deficit grew by 90.1% to USD1.49 billion.

Since January to July, bilateral trade volume between Greece and China grew by 14.0% to USD2.19 billion. Greece’s exports to China grew by 40.2% to USD0.20 billion. It accounted for 1.3% of Greece’s overall export, up 0.4%. And Greece’s imports from China grew by 11.9% to USD1.99 billion. It accounted for 7.1% of Greece’s overall imports, up 0.8% over the previous year. Greece’s trade deficit with China grew by 9.4% to USD1.79 billion.

China was the 20th export market of Greece and its 3rd largest source of imports up to July in 2016.

Source: www.made-in-china.com
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