Greek trade deficit widened by 21 pct in April as imports grew and exports fell in the month and as a result the country’s trade deficit grew by 1.4 pct in the first four months of 2016, Hellenic Statistical Authority said on Tuesday.
The statistics service, in a report on the country’s merchandise trade, said that the value of import-arrivals totaled 4.162 billion euros in April, up 7.1 pct from the same month last year (excluding oil products the value of imports grew 26.5 pct). The value of export-deliveries amounted to 2.105 billion euros, down 3.8 pct from April 2015 (excluding oil products the value of exports rose 2.2 pct).
The trade deficit totaled 2.058 billion euros in April, from 1.7 billion in April 2015, an increase of 21 pct (excluding oil products the trade deficit jumped 57.7 pct).
In the four-month period, the value of imports totaled 14.348 billion euros, down 3.7 pct compared with the same period in 2015 (excluding oil products imports grew 9.6 pct in value). The value of exports totaled 7.831 billion euros in the January-April period, down 7.5 pct from last year (excluding oil products exports grew 0.5 pct).
The trade deficit in the four-month period totaled 6.517 billion euros, up 1.4 pct from the same period last year (excluding oil products the trade deficit grew 20.8 pct).
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