Greece’s trade deficit grew 17.7 pct in February this year as an increase in the value of imports (13.8 pct) surpassed that of exports (10.4 pct), Hellenic Statistical Authority said on Friday.
The statistics service, in a report, said the country’s trade deficit grew 48.9 pct in the January-February period, compared with the same period last year, reflecting the import of ships from third countries in January.
The value of import-arrivals totaled 4.085 billion euros in February, up 13.8 pct from the same month last year (excluding oil products the value of imports grew 72.8 pct or 2.5 pct). The value of export-deliveries totaled 2.107 billion euros, up 10.4 pct from February 2015 (excluding oil products the value of exports fell 1.1 pct).
The country’s trade deficit was 1.978 billion euros in February, up 17.7 pct from the same month last year (excluding oil products the trade deficit grew 6.2 pct).
In the January-February period, imports totaled 8.561 billion euros (up 31.2 pct from 2015), while excluding oil products imports grew 21.5 pct. The value of exports totaled 4.242 billion euros in the first two months of 2017, up 17.1 pct from the same period last year while excluding oil products the value of exports grew 2.7 pct.
The country’s trade deficit totaled 4.318 billion euros in the January-February period, up 48.9 pct from 2015, while excluding oil products the trade deficit grew 42.4 pct.
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