A 25.2% drop in the deficit, a 35.7% rise in exports and a 9.6% increase in imports were recorded in Greece in April, according to ELSTAT.
The trade balance deficit narrowed significantly in April, according to ELSTAT data, as the increase in exports was almost four times that of imports.
Exports and imports boosted the overall picture
The total value of imports in April was 7.353.2 million, compared to 6,712.1 million in the corresponding month of 2025, recording an increase of 9.6%. Excluding petroleum products, imports fell by €49.1 million or 0.9%, while excluding petroleum products and shipping, there was a marginal increase of €13.2 million or 0.2%.
In the same period, the value of exports stood at 5.197.2 million, up from €3,831.0 million in April 2025, representing a increase of 35.7%. Excluding petroleum products, exports increased by €246.6 million or 7.9%, while excluding petroleum products and ships the increase was also 7.9%.
As a result, the trade balance deficit narrowed to 2.156.0 million, compared to €2,881.1 million in April 2025, showing a decrease of 25.2%. Excluding oil products, the decrease amounted to €295.7 million or 11.5%, while excluding oil products and ships it was €233.5 million or 9.5%.
At the level of the first quarter of 2026, imports amounted to 28,210.8 million euros, up 3.3% compared to the same period in 2025. Excluding oil products and ships, the increase was limited to 1.7%.
Exports in the first quarter of the year reached 17.771.5 million, up from €15,972.6 million a year earlier, recording an 11.3% increase. Excluding oil products, the increase was 4.2%, while excluding oil products and ships it was 4.1%.
Meanwhile, the trade balance deficit in the first quarter narrowed to 10.439.3 million, down from 11,343.1 million in the corresponding period in 2025, marking an decrease of 8%. Excluding oil products the decline reached 1.8%, while excluding oil products and ships it was 1.6%.
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