FX.co ★ Greece Posts Smallest Trade Deficit in Over Four Years

In August 2025, Greece recorded a trade deficit of EUR 2.1 billion, a decrease from EUR 2.6 billion in the same month the previous year, primarily due to a sharper reduction in imports compared to exports. This represents the smallest trade deficit since May 2021, with imports decreasing by 13% year-on-year to EUR 5.5 billion, influenced by lower purchases from EU countries (a decline of 2.4%) and non-EU countries (a reduction of 22.6%). Meanwhile, exports fell by 8.9% to EUR 3.4 billion, with significant declines in sales to EU countries (down by 7.7%) and non-EU countries (down by 10.3%). For the period from January to August, Greece's trade gap decreased to EUR 21.7 billion compared to EUR 22.2 billion during the same timeframe in the previous year.