Greece’s trade deficit grew by 1.3 percent in March 2023, compared with the corresponding month in 2022, the Hellenic Statistical Authority announced on Monday.
Specifically, the statistics service said the value of imports totaled 7.384 billion euros in March, from 7.090 billion in March 2022, an increase of 4.1 percent (excluding oil products imports grew 3.2 percent, while excluding oil products and ships imports rose 3 percent). The value of exports totaled 4.801 billion euros, from 4.540 billion March 2022, for an increase of 5.7 percent (excluding oil products exports rose 13 percent, while excluding oil products and ships exports rose 12.8 percent).
The trade deficit was 2.583 billion euros, up 1.3 percent from March 2022 (excluding oil products the deficit fell 11 percent, while excluding oil products and vessels the deficit fell by 11.3 percent).
In the first quarter of 2023, the value of imports totaled 20.934 billion euros, up 1.8 percent from the same period in 2022 (excluding oil products imports rose 2.1 percent, while excluding oil products and vessels imports were up 1.9 percent).
The value of exports totaled 13.713 billion euros in the January-March period, up 17.8 percent from the same period in 2022 (excluding oil products exports rose 12.7 percent, while excluding oil products and ships exports rose 12.1 percent).
The trade deficit totaled 7.221 billion euros, down 19 percent from the same period last year (excluding oil products the deficit fell 12 percent, while excluding oil products and vessels the deficit fell 11.6 percent).
Latest News
Greece Reacts Sternly to Turkish Decision to Open UNESCO Site Chora Church as a Muslim Mosque
"The decision of the Turkish authorities to start the operation of the Monastery of Chora as a Muslim Mosque constitutes a provocation to the international community", the Greek Foreign Ministry stated
DW: Greece Prepares for the 2024 Tourist Season Amid Climate Change Challenges
The Greek state has adopted measures to alleviate the impact of climate change
Greco-French Relations on Ice: Exploring the Chill between Mitsotakis and Macron
Macron allegedly sought increased military support for Ukraine, including weaponry and Western troop deployment for training in Western Ukraine, a request declined by Mitsotakis
Greece Secures Stable Tourism Flows at 30 Million Arrivals
However, despite this year’s bookings projected to rise slightly compared to last year, Yiannis Hatzis, President of the Panhellenic Federation of Hoteliers, stresses the importance of strategic planning
The 12 Tourist Traps to Avoid in the Greek Islands
Visit less popular islands for cheaper prices and fewer crowds
German Min. Lemke: «Climate crisis poses immediate threat to our health; well-being»
Europe recorded more days of “extreme heat stress” (with the ‘feels like’ temperature exceeding 46 degrees Celsius) than ever before
OECD: Major Spike in FDIs in Greece over 2021-23 Period
The international organization calculates an average of 6.7 billion USD in Greece over the 2021-2023 period, up from 4.15 billion USD in 2017-2019
How TikTok Lost the War in Washington
Combination of coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app
Greece in the Top European Destinations for Aussies in 2024
This year 16% of surveyed Australians are planning a trip to Greece
Developing the Blue Carbon Economy in Greece
Can Greece make money by protecting its marine environment?