Greek trade deficit down 14.3 pct in April

Greek trade deficit shrank 14.3 pct in April this year as exports grew and imports fell in the month, Hellenic Statistical Authority said on Thursday.

The statistics service, in a monthly report, said that the trade deficit grew 27 pct in the first four months of 2017.

The value of import-arrivals totaled 4.120 billion euros in April, from 4.216 billion in April 2016, a decline of 2.3 pct (excluding oil products imports fell 5.8 pct while excluding oil products and ships imports eased 1.8 pct).

The value of export-deliveries totaled 2.321 billion euros in April, from 2.116 billion in the same month last year, an increase of 9.7 pct (excluding oil products exports fell 5.4 pct and excluding oil products and ships exports fell 3.9 pct).

The trade deficit amounted to 1.799 billion euros in April, from 2.1 billion in April 2016, a decline of 14.3 pct (excluding oil products the trade deficit fell 6.1 pct and excluding oil products and ships the trade deficit grew 1.0 pct).

In the January-April period, the value of imports totaled 17.586 billion euros, up 22.1 pct from April last year (excluding oil products imports grew 12.1 pct and excluding oil products and ships imports grew 5.0 pct).

The value of exports totaled 9.235 billion euros in the four-month period,up 17.9 pct (excluding oil products exports grew 3.7 pct and excluding oil products and ships exports rose 3.8 pct).

The trade deficit totaled 8.351 billion euros in the January-April period, up 27 pct from the corresponding period last year (excluding oil products the trade deficit gerw 20.6 pct and excluding oil products and ships the trade deficit rose 6.6 pct).