FX.co ★ Greece Trade Deficit Widens in March

In March 2025, Greece saw its trade deficit widen to EUR 3.0 billion, compared to EUR 2.4 billion in the same period the previous year. This change came as the country experienced a decline in exports alongside a rise in imports. Specifically, exports fell by 8.4% year-on-year to EUR 3.9 billion, largely due to reduced sales to both non-EU countries (-15%) and within the EU (-2.7%). On the other hand, imports increased by 3.8%, reaching EUR 7.0 billion. This growth was spurred by heightened purchases from EU countries (4.6%) as well as non-EU countries (2.8%). Over the first quarter of 2025, Greece's trade deficit grew slightly to EUR 8.3 billion from EUR 8.0 billion in the same timeframe the previous year, attributed to a 1.7% drop in exports and a modest 0.4% climb in imports.