Tuesday, March 1, 2011

Trade deficit down 21.2 percent in 2010

Greece's trade balance deficit, minus fuel products, dropped by 21.2 percent in 2010, compared with 2009, and
following a substantial 33.7 percent decline in December 2010, according to provisional figures released on Tuesday by the independent Hellenic Statistical Authority (Elstat). 
The total value of imports-arrivals, excluding oil products, for the 12-month period from January to December 2010 amounted to 33786.2 million euros in comparison with 37822.9 million euros for the corresponding period of 2009, recording a drop of 10.7%. 
The total value of imports-arrivals, excluding oil products, in December 2010 amounted to 2717.9 million euros in comparison with 3091.0 million euros in December 2009, recording a drop of 12.1%. 
The total value of exports-dispatches, excluding oil products, in December 2010 amounted to 1419.9 million euros in comparison with 1132.2 million euros in December 2009, recording an increase of 25.3%. 
The deficit of the trade balance, excluding oil products, in December 2010 amounted to 1299.0 million euros in comparison with 1958.9 million euros in December 2009 recording a drop of 33.7%. 
The deficit of the Trade Balance, excluding oil products, for the 12-month period from January to December 2010 amounted to 19257.5 million euros in comparison with 24433.4 million euros for the corresponding period of the year 2009, recording a drop of 21.2%. 
The total value of exports-dispatches, excluding oil products, for the 12-month period from January to December 2010 amounted to 14529.1 million euros in comparison with 13389.5 million euro for the corresponding period of 2009, recording an increase of 8.5%. 
source: ANA