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GreeceBusinessGreek trade deficit down 22.9% in April

Greek trade deficit down 22.9% in April

Hellenic News of America
Hellenic News of Americahttps://www.hellenicnews.com
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Greece’s trade deficit shrank by 22.9% in April, reflecting a significant decline in the value of imports due to a sharp fall in international oil prices and energy in general, Hellenic Statistical Authority said on Wednesday.

More specifically, the value of imports totaled 6.107 billion euros, down 11.8% from April 2022 (excluding oil products, imports fell 4.1% while excluding oil products and ships, imports fell 4.1%). The value of exports totaled 3.954 billion euros, down 4.3% from April 2022 (excluding oil products, exports fell 2.8% while excluding oil products and ships, exports fell 2.8%). The trade deficit fell 22.9% to 2.153 billion euros (excluding oil products, the deficit fell by 5.8% while excluding oil products and ships, the deficit fell by 6%).

In the January-April period, imports fell 1.9% to 26.968 billion euros (excluding oil products, imports rose 0.5% while excluding oil products and ships, imports rose 0.3%). Exports rose 12% to 17.677 billion euros (excluding oil products, exports rose 8.9%, while excluding oil products and ships, exports rose 8.4%). The trade deficit totaled 9.291 billion euros in the four-month period, down 20.7% from the same period last year.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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