Greek trade deficit up 52.8% in Oct. 2021 (yoy)

Greece’s trade deficit grew by 52.8 percent in October 2021, as the value of imports surpassed that of exports in the month, the national statistics authority announced on Wednesday.

The value of imports totaled 5.869 billion euros in October 2021; up 42.1 percent from the corresponding month last year. Excluding oil products imports the deficit was up by 17.9 percent, while excluding oil products and vessel imports, it rose 18.1 percent.

The value of exports totaled 3.708 billion euros, up 36.65 percent from October 2020 (excluding oil products exports rose by 15.8 percent, while excluding oil products and ships exports were up 16.3 percent).

The trade deficit jumped 52.8 percent to 2.160 billion euros in October (excluding oil products the deficit was up 21.7 percent, while excluding oil products and ships the deficit rose 21.1 percent).

In the 10-month period from January to October, imports totaled 51.243 billion euros, up 27 percent from 2020 (excluding oil products imports rose 18.1 percent, while excluding oil products and vessel imports, it rose by 18.3 percent).

Exports totaled 32.402 billion euros in the 10-month period of 2021, up 29 percent from the same period last year.

The trade deficit was 18.841 billion euros over the January-October period, up 23.8 percent from the same period last year.