Greece trade deficit shrinks 30% y-o-y in April, exports slip 31%Christian Fernsby ▼ | June 9, 2020
Commercial transactions' trade balance posted a deficit of 1.1 billion euros in April, down 30%, y-o-y, the statistics office or ELSTAT said.
Deficit Greece factory
Topics: Greece deficit
Imports slipped 30.5% y-o-y, while excluding oil products and ships, imports were down 23%. Exports fell 31% but after the impact of oil and ships, exports were down 10.5% y-o-y in March.
In the January-April period, the trade balance showed a deficit of 6.36 billion euros, down 12% y-o-y. Excluding oil products and ships, the deficit narrowed 14%. ■