In January 2026, Greece's trade deficit reached €2.808 billion, showing a minor decline of 0.9% compared to €2.834 billion in January 2025. The data from the Hellenic Statistical Authority revealed that the drop in the trade balance was marginal, while export values witnessed a more significant decrease. This included a significant reduction in exports, which fell to €3.63 billion in January 2026, down from €4.124 billion in the same month the previous year, marking an 11.9% decline overall.

Excluding petroleum products, the exports still saw a decrease, albeit less severe, by €103.2 million or 3.5%. Further breakdowns that excluded both petroleum products and shipping showed a 3.4% drop as well, reinforcing the trend of declining export performance. This decline raises concerns over the competitiveness of Greek products on international markets and the impact of global economic conditions on Greece's economic stability.

The declining export figures at the start of 2026 could reflect broader challenges facing Greece, including potential economic slowdowns in Europe, shifts in global trade dynamics, and internal factors that may influence production and pricing. Stakeholders will need to assess these trends carefully to strategize and adapt to a changing global economic environment, ensuring that the Greek economy remains resilient in the face of these challenges.