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
RES: Large Companies Buying PPAs in Greece
Power Purchase Agreements (PPAs) are long-term contracts between renewable energy producers and large corporations seeking to secure electricity at stable prices in a sustainable manner.
School Closures, Ships Docked Amid Bad Weather in Greece
Severe weather in Greece causes school closures and sailing bans. Strong winds, snowfall, and icy conditions disrupt daily life and travel on Tuesday.
Greece to Proceed with Issuance of 10-Year Bond
Regarding Greece's public debt the Agency forecasts that it will continue its downward trend, recording a total reduction of around 56%.
Labor Shortage in Greece: Vacant Job Positions Costing the Economy Millions
Data show that specific sectors are facing particular challenges in filling job positions, with the primary sector struggling to find working hands.
e-EFKA: “Thaleia” Answers Policyholders’ Questions
It is a service provided by the organization, aimed at enhancing the experience for individuals with special needs.
PM Mitsotakis Outlines 2025 Goals for Growth and National Interests
"The government’s work will remain intense and multifaceted, so that day by day, something changes and the lives of all citizens become better," the prime minister stated
Tender for Repairs on Athens Olympic Stadium’s (OAKA) Iconic Roof
Tender for OAKA project, which is expected to exceed 78 million euros, stipulates that repairs, maintenance must be conducted while venue remains open for events
Louis-Dreyfus Family Eyes 21% Stake in Thessaloniki Port
The newly created Amsterdam-based LeonidsPort company has submitted a voluntary public offer for 21%
EUIPO Throws Out Turkaegean Trademark
The trademark had been filed by the Türkiye Tourism Promotion and Development Agency (TGA) in 2021 and immediately generated heated opposition by Athens
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.