Greece’s trade deficit posted a marginal decline in October, as export growth outpaced the increase in imports, ekathimerini.com reports.
The total value of exports in October reached 3.1 billion euros against 2.5 billion in October 2017, a rise of 24 percent, Hellenic Statistical Authority (ELSTAT) figures showed on Friday.
Imports recorded a 12.5 percent annual increase, to 5.3 billion euros, from 4.7 billion a year earlier.
Therefore, the trade deficit shrank by just 0.6 percent year-on-year to 2.205 billion euros, from 2.219 billion in October 2017.
Exports also recorded an annual rise of 17.6 percent in the January-October period, to 27.7 billion euros.
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