Τhe value of Greece’s imports from Russia registered a significant increase of 178.3% in August 2022 compared to August 2021, according to the data release by the Hellenic Statistical Authority- ELSTAT concerning the bilateral trade between Greece and Russia and between Greece and Ukraine .
I. BILATERAL TRADE GREECE-RUSSIA
In August 2022 the value of imports of Greece from Russia was 1,207.0 million euros, recording an increase of 178.3% in comparison with August 2021 when it was 433.7 million euros. The value of exports of Greece to Russia in August 2022 was 8.1 million euros, recording a decrease of 44.2% in comparison with August 2021 when it was 14.6 million euros. The trade balance between Greece-Russia in August 2022 was negative and amounted to 1,198.8 million euros (deficit).
During the period January-August 2022 the value of imports of Greece from Russia was 5,727.4 million euros, recording an increase of 137.3% in comparison with the period January-August 2021 when it was 2,413.2 million euros.
The value of exports of Greece to Russia during the period January-August 2022 was 78.0 million euros, recording a decrease of 33.8% in comparison with the period January-August 2021 when it was 117.8 million euros. The trade balance between Greece-Russia during the period January-August 2022 was negative and amounted to 5,649.4 million euros (deficit).
II. BILATERAL TRADE GREECE-UKRAINE
In August 2022 the value of imports of Greece from Ukraine was 18.4 million euros, recording an increase of 5.6% in comparison with August 2021 when it was 17.4 million euros. The value of exports of Greece to Ukraine in August 2022 was 19.4 million euros, recording an decrease of 62.3% in comparison with August 2021 when it was 51.5 million euros. The trade balance between Greece-Ukraine in August 2022 was positive and amounted to 1.0 million euros (surplus).
During the period January-August 2022 the value of imports of Greece from Ukraine was 101.0 million euros, recording a decrease of 16.2% in comparison with the period January-August 2021 when it was 120.5 million euros. The value of exports of Greece to Ukraine during the period January-August 2022 was 204.1 million euros, recording an increase of 7.8% in comparison with the period January-August 2021 when it was 189.3 million euros. The trade balance between Greece-Ukraine during the period January-August 2022 was positive and amounted to 103.1 million euros
(surplus).
Latest News
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.
ELSTAT: Seasonally Adjusted Unemployment Down in October
The number of employed individuals reached 4,284,694, an increase of 67,723 compared to October 2023 (+1.6%) and 22,002 compared to September 2024 (+0.5%).
Greek PM’s Chief Economic Adviser Resigns
In the post on his Facebook page, Patelis did not disclose the reasons that led him to step down.
“Masdar Invests in the people of Greece and in the vision of TERNA ENERGY”
Four messages from the CEO of Masdar, the Arab renewable energy giant, after its acquisition of 70% of TERNA ENERGY
Lloyd’s List Greek Shipping Awards 2024: Honors for leading companies and personalities in the Greek shipping sector
20 awards presented at the 21st annual Lloyd's List Greek Shipping Awards
Syria’s Bashar al-Assad, His family Granted Asylum by Russia
Reuters also reported that a deal has been struck to ensure the safety of Russian military bases in the war-ravaged country
Greece to Introduce Artificial Intelligence into Its Education System
Currently, Greece is taking its first steps to bring AI into classrooms through the AI4edu program, which is being co-funded by the European Union
Greek PM Mitsotakis Announces Interventions in Banking Sector
Addressing banking fees, the prime minister emphasized the need for a more competitive banking system that benefits borrowers and depositors alike
FT: Exarchia’s Farmers’ Market in Athens Ranked Among the World’s Best
Musicians play traditional Greek tunes as vendors call out to showcase their goods, which include olive oil, honey, fresh fish, herbs, and a variety of vegetables.
‘Greece 1974-2024: 50 Years of Greek Foreign Policy’ Conference Set for Dec. 12-13
The conference, held at the King George Hotel in Athens, will also be live-streamed