Greek statistics authority ELSTAT published its updated data regarding imports and exports up to October 2013. According to ELSTAT’s data both imports and exports were reduced, with the trade deficit dropping by 5.7%, while the trade balance deficit dropped by 13.1% between January and October.
The total value of imports and arrivals was estimated to be 4,171.3 million euros in October 2013, compared to 4,530.3 million euros in October 2012. This7.9% drop does not include oil products, which were reduced by 8.5% (241 million euros).
The total value of exports and deliveries in October 2013 were found to be 2,324.6 million euros, compared to 2,572.4 million euros in October 2012, reflecting a 9.6% reduction. The export of oil products dropped by 2.3 % (36.5 million euros).
The data shows that the trade deficit was 1,846.7 million euros, compared to 1,957.9 million euros in October 2012, resulting in a 5.7% reduction. The trade deficit of oil products was reduced by 204.5 million euros (16.2%).
ELSTAT’s data on the January-October period shows that the total imports of 39,442.6 million euros were 3.9% less than in 2012 when imports were estimated to be 41,052.1 million euros.
On the contrary, the value of exports in the ten-month period which was estimated at 23,204.9 million euros was 3.7% increased compared to the 22,369.6 million euros in 2012. Imports and exports of oil products were reduced by 5.4% and 2% respectively.
Finally, ELSTAT’s data shows that the trade deficit in the ten-month period came to 16,237.7 million euros, which was 13.1% less than the 18.682.5 million euros in 2012. Additionally oil products were reduced by 1,135.4 million euros (9.5%).
