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Greek trade deficit down 9.8 pct in January

Featured Greek trade deficit down 9.8 pct in January

Greek trade deficit fell by 9.8 pct in January this year, as exports's growth was more than four times the growth rate of imports, Hellenic Statistical Authority said in a report on Monday.

More specifically, the value of import-arrivals totaled 4.750,7 billion euros from 4.621,1 billion in January 2019, an increase of 2.8 pct (excluding oil products imports rose 5.3 pct while excluding oil products and ships imports rose 7.5 pct).

The value of export-deliveries totaled 2.844,7 billione uros from 2.507,3 billion in January 2019, up 13.5 pct (excluding oil products, exports rose 10.5 pct, while excluding oil products and ships exports rose 10.4 pct).

The country’s trade deficit amounted to 1.906 billion euros in January from 2.113,8 billion in January 2019, down 9.8 pct (excluding oil products, the trade deficit eased 1.1 pct, while excluding oil products and ships the trade deficit grew 3.8 pct).