Saturday, 22 March 2025

HOW IS GREECE BALANCING THE BOOKS ON INTERNATIONAL TRADING?

TRADE BALANCE GREECE TO THE WORLD

The following table shows the trade balance of Greece with its most important partners.  It is evident that the country has a major trade deficit with most of the trading countries. One can see where the biggest deficits are shown with bold letters. 

One of the most offending imports is Petroleum. It is also evident that although Medicines are both imports and exports the balance between them is negative. The question is what must Greece do to level its total dependency on imported goods.

             Is it time it starts taking producing energy seriously?




The following table shows the total deficit in the trade balance of the top seven exporters to Greece. As it can be seen the total amount is 28.829 Billion dollars where the total deficit from all exporters to Greece is  31,0377 Billion.





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