A 18.8% decrease in the country’s trade deficit in August this year, as the reduction in imports of imports greatly overcame exports, according to ELSTAT.
In particular, ELSTAT’s data on commodity transactions show the following:
The total value of imports in August 2025 amounted to EUR 5,450.6 million compared to EUR 6,263.2 million in the same month of 2024, down 13%(without petroleum oils, a decrease of EUR 173.8 million or 3.8%, while without petroleum and ships).
The total value of exports amounted to EUR 3,350.3 million compared to EUR 3,677.4 million in August 2024, down 8.9%(without petroleum oils, a decrease of EUR 181.5 million or EUR 7.1%decreased, while without petroleum and vessels).
The trade deficit was EUR 2,100.3 million compared to EUR 2,585.8 million in August 2024, down 18.8%(without petroleum oils increased by EUR 7.7 million or 0.4%, while no petroleum and ships decreased by EUR 39.2 million).
In the 8 months, the total value of imports amounted to EUR 53,516.4 million versus EUR 55,902.1 million in the same period of 2024, down 4.3% (without petroleum oils increased by EUR 1,466.8 million or 3.5%, while without petroleum and ships increased by EUR 1.318.7 million or ships. 3.2%).
The total value of exports amounted to EUR 31,817.8 million compared to EUR 33,751.9 million in 2024, down 5.7%(no petroleum growth increased by EUR 822.1 million or 3.5%, while no petroleum and ships increased by EUR 870.6 million).
The trade deficit was EUR 21,698.6 million compared to EUR 22,150.2 million in the 8 months of 2024, down 2%(no petroleum increased by EUR 644.7 million or 3.6%, while without petroleum and ships there was an increase of EUR 448.1 million).
Source: Skai
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