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Greece

Greece ranked No. 76 in total trade value through March with a total of $646.14 million. Exports totaled $298.26 million and Imports totaled $347.88 million, a deficit of $49.61 million.

January – March 2019

Top Trading Ports

Total Trade: $646.14 million

RankPortTotal YTD
1Port of Newark $160,428,356
2Port of Baltimore, Md. $45,992,140
3Port of Savannah, Ga. $39,762,609
4Port of Corpus Christi, Texas $29,012,075
5Port of Houston $27,473,653
6Port of New York $25,555,733
7Port of Virginia $24,308,709
8John F. Kennedy International Airport $21,677,890
9Port of New Orleans $18,389,000
10Chicago O’Hare International Airport $15,663,591

U.S. trade with Greece rose to $646.14 million through March

Greece’s trade with the United States rose to $646.14 million through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 22.44 percent above its total trade during the same time period last year. Greece’s exports increased 55.51 percent while imports rose 3.56 percent. The U.S. deficit with Greece was $49.61 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Newark; No. 2 Port of Baltimore, Md.; No. 3 Port of Savannah, Ga.; No. 4 Port of Corpus Christi, Texas; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Port of Corpus Christi, Texas No. 3 Port of Savannah, Ga. No. 4 Port of Virginia and No. 5 Chicago O’Hare International Airport. In the current time period, the top five accounted for 46.84 percent of Greece’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Newark rose 35.89 percent to $160.43 million.
    Exports rose 314.41 percent to $67.79 million. Imports fell 8.91 percent to $92.64 million.
  • Trade with No. 2 Port of Baltimore, Md. rose 437.79 percent to $45.99 million.
    Exports rose 10400 percent to $25.11 million. Imports rose 151.15 percent to $20.88 million.
  • Trade with No. 3 Port of Savannah, Ga. rose 28.38 percent to $39.76 million.
    Exports rose 30.79 percent to $16.75 million. Imports rose 26.69 percent to $23.01 million.
  • Trade with No. 4 Port of Corpus Christi, Texas fell 27.23 percent to $29.01 million.
    There were no exports. Imports fell 27.23 percent to $29.01 million.
  • Trade with No. 5 Port of Houston rose 25.17 percent to $27.47 million.
    Exports fell 31.26 percent to $7.77 million. Imports rose 85.06 percent to $19.71 million.

Greece ranked No. 76 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 78.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Greece by value through March were the categories of Medical instrument parts; Petroleum gases, other gaseous hydrocarbons; Copper waste and scrap; Scrap iron, steel; and Petroleum products, respectively. They accounted for 48.41 percent of total exports to Greece.

The value of the top five categories of U.S. imports from Greece –– Misc. vegetables, not frozen; Aluminum plates, sheets, strip more than 0.2mm thi; Misc. iron, steel tubes, pipes; Razors, razor blades; and Portland, aluminous and slag cement –– accounted for 43.47 percent of all inbound shipments.

Looking more closely at U.S. exports to Greece:

  • Medical instrument parts rose 428.93 percent compared to last year to $74.94 million.
  • Petroleum gases, other gaseous hydrocarbons rose 736976 percent compared to last year to $23.48 million.
  • Copper waste and scrap rose 321.99 percent compared to last year to $17.78 million.
  • Scrap iron, steel rose 28050 percent compared to last year to $16.78 million.
  • Petroleum products fell 60.34 percent compared to last year to $11.39 million.

Looking more closely at U.S. imports from Greece:

  • Misc. vegetables, not frozen rose 7.67 percent compared to last year to $39.93 million.
  • Aluminum plates, sheets, strip more than 0.2mm thi rose 141.55 percent compared to last year to $35.79 million.
  • Misc. iron, steel tubes, pipes fell 28.35 percent compared to last year to $29.01 million.
  • Razors, razor blades fell 19.5 percent compared to last year to $24.56 million.
  • Portland, aluminous and slag cement rose 32.09 percent compared to last year to $21.92 million.

In the latest annual figures available, Greece recorded $2.22 billion in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; Baltimore; Charleston; and Los Angeles. Total U.S. exports to Greece were $ 961.97 million and imports from Greece were $1.26 billion. The U.S. deficit with Greece was $295.71 million.