Greek trade deficit was reduced by 1.8 pct in November as imports fell more in value compared with a decline in exports, according to Hellenic Statistical Authority.
In a report on the country’s merchandise trade, the statistics service said that the value of import-arrivals totaled 3.647 billion euros in November, from 3.904 billion in November 2014, for a decrease of 6.6 pct.
The value of export-deliveries totaled 2.117 billion euros in November from 2.347 billion last year, for a decline of 9.8 pct.
The country’s trade deficit fell to 1.53 billion euros from 1.557 billion in November last year.
Exports and imports
Exports reached 39.863 billion euros, from 44.012 billion in 2014, a decrease of 9.4 pct.
The value of imports reached 23.648 billion euros in January-November, from 25.035 billion last year, a decline of 5.5 pct (excluding oil products exports grew 8.4 pct).
The country’s trade deficit amounted to 16.215 billion euros in the 11-month period, from 18.976 billion euros last year, a decline of 14.6 pct (excluding oil products the trade deficit fell by 6.9 pct).
Source: http://www.tornosnews.com
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