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  • ELSTAT documents 32% plunge in imports due to capital controls

    The Greek statistics authority ELSTAT has published its latest provisional data on commercial transactions in Greece during July…

    The Greek statistics authority ELSTAT has published its latest provisional data on commercial transactions in Greece during July 2015 and recorded a 32% plunge in imports, including oil products.

    According to ELSTAT the total value of exports-dispatches, in July 2015 amounted to 2308.7 million euros in comparison with 2509.7 million euros in July 2014, recording a drop, in euros, of 8.0%. The corresponding change excluding oil products recorded an increase of 107.6 million euros or 7.0%.

    As such, the trade balance deficit in July amounted to 714.9 million euros in comparison with 1939.3 million euros in July 2014, recording a drop, in euros, of 63.1%. The corresponding change excluding oil products recorded a drop of 758.9 million euros or 56,3%.

    Furthermore the total value of imports-arrivals from January to July 2015 came to 25302.7 million euros, compared to 28149.6 million euros for the same 7-month period in 2014 recording a 10.1% drop. The corresponding change excluding oil products recorded a drop of 266.6 million euros or 1.4%.

    Similarly, the total value of exports-dispatches, for the January to July period, amounted to 15,325 million euros, compared to 15,754.4 million euros for the corresponding period in 2014, thus recording a 2.7% drop. The corresponding change excluding oil products recorded an increase of 1,228 million euros or 12,8%.

    Finally, the Trade Balance deficit during the 7-month period from January to July 2015 came to 9,977.7 million euros, in comparison with 12,395.2 million euros for the corresponding period in 2014, recording a 19.5% drop. The corresponding change excluding oil products recorded a drop of 1494.6 million euros or 15.6%.

    ELSTAT’s full figures and tables are available online.

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