ATHENS – Greece’s exports rose 47.2% in November, but a 63.3% jump in imports in the same month led to a spectacular 93.1% widening of the country’s trade deficit, said on Friday the Hellenic Statistical Authority. More specifically, the value of imports amounted to 6.666 billion euros in November against 4.082 billion in November 2020, an increase of 63.3%. Excluding petroleum products, imports increased 34%, while excluding petroleum products and ship imports increased 33.7% in November.
The value of exports totaled 3.896 billion euros in November, up 47.2% from the same month last year. Excluding petroleum products, exports increased by 31.5% while exports excluding petroleum products and ships increased by 30.5%. The country’s trade deficit stood at 2.770 billion euros in November, up 93.1% from November 2020.
In the January-November period, imports totaled 57.952 billion euros, up 30.5% compared to the corresponding period last year. Excluding petroleum products, imports increased 19.7% while non-petroleum product imports and ship imports increased 19.8% during the 11-month period. Exports totaled 36.311 billion euros, up 30.8%, while exports excluding petroleum products increased by 20.2% and excluding petroleum products and ship exports increased by 20.1%. The country’s trade deficit amounted to 21.641 billion euros over the January-November period, up 29.9%, excluding petroleum products the trade deficit increased by 18.9% while excluding petroleum products and ships the deficit increased by 19.3%.