
Greece’s trade deficit widened by 49.5 percent in April 2022, as the value of imports exceeded that of exports by around 8 percentage points, the Hellenic Statistical Authority (EL.STAT) announced on Tuesday.
Specifically, the value of imports totaled 6.854 billion euros in April 2022, up from 5.034 billion euros in April 2021, an increase of 36.2 percent. Excluding oil products imports, the figure was up by 23.2 percent, while excluding oil products and vessel imports, the figure rose by 23.2 percent.
The value of exports totaled 4.107 billion euros in April, up from 3.196 billion euros in April 2021, an increase of 28.5 percent.
The trade deficit reached 2.745 billion euros, up 49.5 percent from April 2021. Excluding oil products, the deficit grew by 41.1 percent, while excluding oil products and vessels, the deficit grew by 41.1 percent.
In the January-April 2022 period, the value of imports totaled 27.025 billion euros, up 45.6 percent from the corresponding period last year. Excluding oil products imports, it grew by 30.7 percent.


Latest News

Istanbul Earthquake – Greek Prof. Concerned Major Quake Yet to Strike
Responding to concerns over whether a potential major quake in Istanbul could affect Greece, Papazachos was reassuring: “The fault extends as far as Lemnos and the Northern Sporades, but it doesn’t rupture all at once. An earthquake in Istanbul doesn’t have the capacity to directly affect Greek territory.”

Greece 4th Most Popular Summer Destination for Europeans
Southern Europe remains the top choice for Europeans at 41%, though down 8% from last year, likely due to rising temperatures and climate concerns.

Easter Sales Performance and the Source of €4–5 Million in Losses
Easter retail sales were relatively weak this year, with the only "real winners" being the livestock farmers who had lambs to sell.

Hotel Foreclosures Continue to Plague Greece’s Islands
A surge in hotel foreclosures across Greece’s islands threatens small tourism businesses, despite booming visitor numbers and record-breaking travel in 2024.

Athens Launches Task Force to Safeguard Historic City Center
The new municipal unit will ensure compliance to zoning laws, curb noise, and address tourist rental issues starting from the Plaka district.

WTTC: Travel & Tourism to Create 4.5M New Jobs in EU by 2035
This year, international visitor spending is set to reach 573 billion euros, up by more than 11% year-on-year

IMF: US Tariffs Shake Global Economy, Outlook Downbeat
IMF slashes global growth forecast to 2.8% as U.S. tariffs create uncertainty and ‘negative supply shock

First Step Towards New Audiovisual Industry Hub in Drama
The project is set to contribute to the further development of Greece’s film industry and establish Drama as an audiovisual hub in the region

Airbnb Greece – Initial CoS Ruling Deems Tax Circular Unlawful
The case reached the Council of State following annulment applications filed by the Panhellenic Federation of Property Owners (POMIDA)

Mitsotakis Unveils €1 Billion Plan for Housing, Pensioners, Public investments
Greek Prime Minister Kyriakos Mitsotakis has announced a new set of economic support measures, worth 1 billion euros, aiming to provide financial relief to citizens.