Greece’s trade deficit decreased by 21 percent in July 2023 as imports dropped more than exports in the month, the Hellenic Statistical Authority announced on Thursday.
Specifically, the value of imports reached 6.721 billion euros in the month, down by 17 percent from the corresponding month in 2022, excluding oil products imports fell 3.9 percent while excluding oil products and vessels, imports fell 4 percent.
The value of exports reached 4.266 billion euros in July 2023, down 14.5 percent from July 2022 — excluding oil products exports fell 5.6 percent while excluding oil products and ships exports fell 5.6 percent.
The trade deficit reached 2.455 billion euros, down 21 percent from July 2022.
In the seven-month period from January to July 2023, imports totaled 47.458 billion euros, down 9.1 percent from the corresponding period in 2022 (excluding oil products imports fell 1.7 percent while excluding oil products and ships imports fell 1.9 percent).
Exports totaled 30.110 billion euros in the same period, down 3 percent compared to the same period in 2022 (excluding oil products exports were up 4.3 percent while excluding oil products and ships export rose 3.9 percent).
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Piraeus Port Authority: Net Profits Exceed 70mln€ in Jan-Sep 2024
All indices rise in third quarter of 2024 compared to corresponding period of 2023
Layoffs in Greece on Par with Hires for September: ERGANI
The data is expected as the country's tourist season ended, resulting in an upswing in the number of employees departing as thousands of seasonal workers are left out of the job market
International Xinomavro Day: Honoring Greece’s Premier Grape on November 1st
This initiative was met with an enthusiastic response across Greece and has since been embraced internationally.
Greek Fin. Min. Hatzidakis: Tax Reductions Planned for 2025-2027
“We want to further reduce taxes, not because we want to be agreeable, but because we can,” said the minister.
Athens Metro Extends Weekend Hours to 2 a.m. on Lines 2 and 3
As part of the Strategic Transport Plan, the Athens Urban Transport Organization (OASA) is also preparing significant changes to city bus routes, set to be completed by May 2025.
Greece Needs Reforms for Ratings Upgrade
Fitch is expected to release its evaluation of the Greek economy on Nov. 22, with a possible scenario being an upgrade of the economy from “stable” to “positive”
EFKA Overhaul to Enable Online Access to Social Security Info
Greece's pension and social security system has been so bureaucratic and complex that some citizens hire consultants simply to understand their work credits and benefits.
Greek Authorities Issue Safety Tips After Spike in ‘Phishing’ Scams
According to the Ministry's announcement, unsuspecting citizens were being urged to visit a specific website to check for their so-called "unclaimed benefits"
Greek Construction: €5.3bln Investment in 4 Years, Says Alpha Bank Report
Alpha Bank underlines that despite these drawbacks, the construction building sector has shown positive performance since the beginning of the year, maintaining the growth trajectory of recent years
Faliro Delta Park Set for Construction After Securing Funds
The 54-hectare park to be constructed on the coastal front in Faliro near Athens is scheduled to be handed over to the public by 2028
![Brain Gain: Σε πληροφορική και κατασκευές εργάζονται κυρίως όσοι επέστρεψαν Ελλάδα [πίνακες]](https://www.ot.gr/wp-content/uploads/2024/11/braindrain-600x337.jpg)
