
Greece’s trade deficit decreased by 11.3% in December 2023, and by 20% overall during the previous year, the Hellenic Statistical Authority (EL.STAT) announced on Wednesday.
Specifically, the value of imports totaled 6.307 billion euros in December 2023, down 17.7% from the corresponding month in 2022. Excluding oil products, imports fell by 13.7%, while excluding oil products and vessel purchases, imports fell 14.2%.
The value of exports totaled 3,702 billion euros in December 2023, down 21.7% from December 2022. Excluding oil products, exports fell 20.9%, while excluding oil products and vessels, exports fell 20.7%.
The trade deficit reached 2.605 billion euros in December 2023, down 11.3% from December 2022. Excluding oil products, the deficit fell by 2.9%, while excluding oil products and vessels, it fell by 4.1%.
The value of imports throughout all of 2023 reached 81.966 billion euros, down 13.3% from 2022. Excluding oil products, imports fell 4.1%, and excluding oil products and vessels, imports dropped by 3.9%.
The value of exports fell by 8.7% in 2023 to reach 50.920 billion euros. Excluding oil products, exports fell 3%, and excluding oil products and vessels, exports decreased by 3.2%.
The trade deficit totaled 31.046 billion euros in 2023, down 20% from the previous year. Excluding oil products, the deficit fell by 5.5%, and excluding oil products and vessels, the deficit fell by 4.9%.
Source: tovima.com


Latest News

German Ambassador to Greece Talks Ukraine, Rise of Far Right & Tariffs at Delphi Economic Forum X
Commenting on the political developments in his country, the German Ambassador stressed that it was clear the rapid formation of a new government was imperative, as the expectations across Europe showed.

Athens to Return Confiscated License Plates Ahead of Easter Holiday
Cases involving court orders will also be excluded from this measure.

Servicers: How More Properties Could Enter the Greek Market
Buying or renting a home is out of reach for many in Greece. Servicers propose faster processes and incentives to boost property supply and ease the housing crisis.

Greek Easter 2025: Price Hikes on Lamb, Eggs & Sweets
According to the Greek Consumers’ Institute, hosting an Easter dinner for eight now costs approximately €361.95 — an increase of €11 compared to 2024.

FM Gerapetritis Calls for Unified EU Response to Global Crises at EU Council
"Europe is navigating through unprecedented crises — wars, humanitarian disasters, climate emergencies," he stated.

Holy Week Store Hours in Greece
Retail stores across Greece are now operating on extended holiday hours for Holy Week, following their Sunday opening on April 13. The move aims to accommodate consumers ahead of Easter, but merchants remain cautious amid sluggish market activity.

Green Getaway Ideas for Easter 2025 in Greece
Celebrate Easter 2025 in Greece the sustainable way with eco-farms, car-free islands, and family-friendly getaways rooted in nature and tradition.

Civil Protection Minister Details Summer Firefighting Plans at Delphi Forum
At the 10th Delphi Economic Forum, Minister of Climate Crisis and Civil Protection Yiannis Kefalogiannis discussed Greece's plans for the upcoming fire season.

How Shops and Markets Will Operate During Easter Holy Week
The Easter holiday schedule has been in effect since April 10, with retail stores open Palm Sunday, and most supermarkets also operating to meet consumer demand for Easter shopping

Why Is the French Aircraft Carrier Charles De Gaulle in Piraeus?
Docking in Piraeus after a four-month deployment in the Indo-Pacific region, the admiral of the aircraft carrier the Charles de Gaulle says, "Greece is our best partner in the Mediterranean."