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Trade deficit shrinks 0,8% in December

07 February 18 - RE+D Magazine
Trade deficit shrinks 0,8% in December

COMPANIES

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
The value of Greek exports was almost double that of imports in December (12.1 pct compared to 6.8 pct), with the country's trade deficit shrinking by 0.8 pct in the month, Hellenic Statistical Authority said on Wednesday.

 

In a monthly report, the statistics service said the country's trade deficit grew 14.4 pct in 2017.

The value of imports-arrivals totaled 4.217 billion in December, from 3.947 billion in the same month in 2016, for an increase of 6.8 pct (excluding oil products, imports grew 6.4 pct while excluding oil products and ships imports rose 3.4 pct).

The value of exports-deliveries totaled 2.613 billion euros in December, from 2.330 billion in December 2016, for an increase of 12.1 pct (excluding oil products, exports grew 8.1 pct while excluding oil products and ships exports rose 7.7 pct).

The country's trade deficit totaled 1.604 billion euros in December, from 1.617 billion in December 2016, down 0.8 pct (excluding oil products, the trade deficit grew 4.0 pct, while excluding oil products and ships the trade deficit fell 2.9 pct).

In the January-December period, the value of imports totaled 50.258 billion euros, from 44.187 billion in 2016, an increase of 13.7 pct (excluding oil products, imports grew 10.1 pct and excluding oil products and ships imports rose 7.2 pct).

The value of exports totaled 28.832 billion euros in the 12-month period, from 25.463 billion 2016, an increase of 13.2 pct (excluding oil products, exports grew 7.1 pct and excluding oil products and ships exports rose 7.2 pct).

The country's trade deficit totaled 21.426 billion euros in 2017, from 18.724 in 2016, an increase of 14.4 pct (excluding oil products, the trade deficit rose 13.5 pct and excluding oil products and ships the trade deficit grew 7.2 pct).

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