In April, Greece saw imports surge by 19.8%, outpacing an 11.1% rise in exports, leading to a 35.6% increase in the trade balance deficit, according to the Hellenic Statistical Authority (ELSTAT).
Export values reached 4.467 billion euros, up from 4.019 billion euros in April 2023, marking an 11.1% rise. Excluding petroleum products, exports grew by 17.0%, and by 17.1% when excluding both petroleum products and ships.
Imports in April totaled 7.480 billion euros, compared to 6.242 billion euros in April 2023, reflecting a 19.8% increase. Excluding petroleum products, imports rose by 20.5%, and by 20.6%) when excluding both petroleum products and ships.
Consequently, the trade balance deficit for April 2024 was 3.013 billion euros, up from 2.222 billion euros in April 2023, a 35.6% increase. Excluding petroleum products, the deficit grew by 507 million euros (25.3%), and by 504 million euros (25.5%) when excluding both petroleum products and ships.
Regarding the first four months of the year, the total value of exports from Jan. to April 2024 amounted to 16,805.7 million euros compared to 17,872.0 million euros during the same period in 2023, showing a decrease of 6.0% in euros.
The trade balance deficit for the period Jan. to April 2024 amounted to 10,997.1 million euros compared to 9,557.2 million euros during the same period in 2023, showing an increase of 15.1% in euros. The corresponding figure excluding petroleum products showed an increase of 17.3%, and the figure excluding both petroleum products and ships increased by 16.6%.
Source: tovima.com
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes
A total of 918 cruise ship arrivals have already been scheduled for 2025, with 714 of them designating Piraeus as their home port
Athens Hotels See Strong Growth in Bookings and Prices
Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.
Greece Launches Microfinance Fund to Support Small Businesses
The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
Study: Greece’s Economic Growth Threatened by Labor Shortages
In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.
Goldman Sachs Optimistic on Greek Banks, Sees Valuation Improvement
Goldman Sachs downgrades Eurobank to "Neutral" from "Buy" due to its valuation, trading at 1x price-to-tangible book value (P/TBV).
Greek Tax Authorities Target Tax Evasion via Lifestyle Audits
Audit teams use advanced algorithms and risk analysis to conduct lifestyle audits and identify taxpayers suspected of concealing undeclared income.
Giannis Antetokounmpo Invests in AI Video Production Platform
The platform, founded in 2021 by Victorien Tixier and Xavier Green, automatically tags and organizes content, allowing teams to speed up distribution to broadcasters, sponsors, and even the athletes themselves
Greece’s Industrial Production Rises 5.8% in December
For the entire year, the average General Index of Industrial Production increased by 5.2% in comparison to the corresponding period in 2023.
Study Shows Athens Traffic Congestion Up
On average, car drivers and their passengers who venture out onto Greater Athens’ roads will spend roughly half an hour in the vehicle to cover a distance of 10 kilometers
Judge Blocks Elon Musk’s Team from Accessing Treasury Payment System
Judge blocks Elon Musk’s team from Treasury access over security risks and potential misuse of federal payment data.
![Φυσικό αέριο: Εκτόξευση της εγχώριας κατανάλωσής τον Ιανουάριο του 2025 [γραφήματα]](https://www.ot.gr/wp-content/uploads/2024/06/fysiko-aerio-90x90.jpg)
![Επενδύσεις: Πόσο στηρίζουν το ελληνικό ΑΕΠ – Τι δείχνει μελέτη της Alpha Bank [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/12/ot_artificial_ependyseis-600x352.png)
