Trade deficit declines by 20% in 2023

The Greek trade deficit fell by 11.3% in December and by 20% in 2023, the Hellenic Statistical Authority (ELSTAT) said on Wednesday.

The value of imports totaled 6.307 billion euros in December, down 17.7% from the same month in 2022 (excluding oil products, imports fell 13.7%, while excluding oil products and ships, imports fell 14.2%). The value of exports totaled €3,702 billion in December, down 21.7% from December 2022 (excluding oil products, exports fell 20.9%, while excluding oil products and ships, exports fell 20.7%).

The trade deficit was €2.605 billion in December, down 11.3% from December 2022 (excluding oil products, the deficit fell 2.9%, while excluding oil products and ships, it fell by 4.1%).

The value of imports totaled €81.966 billion in 2023, down 13.3% from 2022 (excluding oil products, imports fell 4.1%, and excluding oil products and...