The country’s trade deficit decreased by 25.9% in September this year, with the value of imports decreasing by 17.6% and that of exports being limited by 11.2%.

In particular, according to ELSTAT’s data on commodity transactions:

The total value of import-arrivals amounted to 6,903.6 million euros compared to 8,373.5 million euros in September 2022, showing a decrease of 17.6% (without oil products there was a decrease of 364.4 million euros or 6.7%, while without oil products and ships there was a decrease of 370.1 million euros or 6.8%).

The total value of exports-shipments amounted to EUR 4,227.2 million compared to EUR 4,761.6 million in September 2022, showing a decrease of 11.2% (excluding petroleum products there was a decrease of EUR 364 million or 11.9% , while excluding petroleum products and ships there was a decrease of 364.5 million euros or 11.9%).

The trade deficit amounted to 2,676.4 million euros compared to 3,611.9 million euros in September 2022, showing a decrease of 25.9% (without petroleum products there was a decrease of 0.4 million euros or 0.0%, while without petroleum products and ships showed a decrease of 5.6 million euros or 0.2%).

In the 9th month, the total value of import-arrivals amounted to 60,808.8 million euros compared to 68,414.7 million euros in the same period of 2022, showing a decrease of 11.1% (without petroleum products there was a decrease of 1,053.8 million euros or 2.3%, while excluding petroleum products and ships there was a decrease of 1,092.5 million euros or 2.4%).

The total value of exports-shipments amounted to 38,032.1 million euros compared to 40,614.8 million euros in the 9th month of 2022, showing a decrease of 6.4% (without petroleum products there was an increase of 177.2 million or 0.7%, while without petroleum products and ships there was an increase of 97.6 million euros or 0.4%).

The trade balance deficit amounted to 22,776.7 million euros compared to 27,799.9 million euros in the 9th of 2022, showing a decrease of 18.1% (excluding petroleum products there was a decrease of 1,231.0 million euros or 6.2%, while without petroleum products and ships there was a decrease of 1,190.1 million euros or 6%).