RSS   Newsletter   Contact   Advertise with us

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.
Greece factory
Deficit   Greece factory
Excluding the impact of oil products and ships, the drop was more pronounced, at 40%

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%.