Losses in value both in imports as well as exports recorded Greece’s foreign trade in April 2025, according to ELSTAT’s temporary data, leading to a marginal reduction of commercial deficit.
The commercial deficit declined marginally, as the total value of imports stood at € 6.67 billion, reduced by 11.4% compared to April 2024. This decline is mainly attributed to the reduction in oil imports, as if the relevant category is removed, the value of imports is only 1.2%. Without petroleum and ships, the decline is 2.4%.
Exports stood at € 3.83 billion, down 14.5% on a yearly basis. However, when oil and ships are excluded – two volatile categories – the flexion is clearly milder of 2.7%.
The commercial deficit was reduced to EUR 2.84 billion, down 6.9%compared to the corresponding month of 2024. Although the decrease was due to the flexion of energy imports, the deficit was slightly expanded (+0.7%), while without oil and ships, it was reduced by 2%.
For the period January -April 2025, imports stood at € 27.06 billion, down 2.9% compared to the corresponding period of 2024. However, if the petroleum products are excluded, an increase of 2.3%. The same is true when ships are removed, up 2.1%.
Total exports stood at € 15.97 billion, down 5.1%. On the contrary, the value of exports excluding petroleum oils increased by 4.9%, while without oil and ships the increase was 5%.
The total trade deficit for the four -month period amounted to € 11.08 billion, recording an increase of 0.3%. However, in terms of pure goods – without petroleum oils – there was a decrease in deficit by 1.1%, while without ships the decrease reached 1.8%.