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Society

Greek Trade Deficit up 70.4% in September

November 7, 2022

ATHENS – The Greek trade deficit soared by 70.4% in September, reflecting an increase in international oil prices, Hellenic Statistical Authority said on Monday. More specifically, the value of imports totaled 8.333 billion euros, up 42.2% from September 2021 (excluding oil products, imports grew 22.9%, while excluding oil products and ships, imports rose by 23%). The value of exports totaled 4.726 billion euros, up 26.3% compared with the same month last year (excluding oil products, exports rose by 17.7%, while excluding oil products and ships, exports rose 17.9%).

The country’s trade deficit totaled 3.606 billion euros in September, up 70.4% from September 2021 (excluding oil products, the deficit was up 30.3%, while excluding oil products and ships, the deficit grew 30.2%).

In the nine-month period from January to September, the value of imports totaled 67.854 billion euros, up 48.9% from the same period last year, while the value of exports totaled 40.554 billion euros, up 41.1% over the same period. The trade deficit was up 62.3% to 27.300 billion euros.

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