A large reduction in the trade balance deficit in January was shown by the data announced today by the Hellenic Statistical Service (ELSTAT).
The total value of imports-arrivals, in January 2023 amounted to 6,827.1 million euros (7,329.9 million dollars) in comparison with 6,454.9 million euros (7,281.3 million dollars) in January 2022, recording an increase, in euros, of 5.8%. The corresponding value excluding oil products in January 2023 recorded an increase of 170.4 million euros or 3.8% and the corresponding value excluding oil products and ships in January 2023 recorded an increase of 186.7 million euros or 4.2%, in comparison with January 2022.
The total value of exports-dispatches, in January 2023 amounted to 4,462.6 million euros (4,820.3 million dollars) in comparison with 3,427.7 million euros (3,889.8 million dollars) in January 2022, recording an increase, in euros, of 30.2%. The corresponding value excluding oil products recorded in January 2023 an increase of 429.0 million euros or 17.5% and the corresponding value excluding oil products and ships in January 2023 recorded an increase of 423.7 million euros or 17.3%, in comparison with January 2022.
The deficit of the trade balance, in January 2023 amounted to 2,364.5 million euros (2,509.6 million dollars) in comparison with 3,027.2 million euros (3,391.5 million dollars) in January 2022, recording a drop, in euros, of 21.9%.The corresponding value of deficit excluding oil products in January 2023 recorded a drop of 258.6 million euros or 12.7% and the corresponding value excluding oil products and ships in January 2023 recorded a drop of 237.0 million euros or 11.7%, in comparison with January 2022.
Latest News
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
Council of State Rejects Motion Against Thessaloniki Motorway Project
The motion was filed earlier this month by three local citizens’ and environmental groups and generated a high court decision for a temporary stay in construction