ELSTAT: 2013 Trade balance deficit down
ELSTAT published data regarding the trade balance deficit in 2013, which was estimated to be 19.34 billion euros, 11% less than in 2012, when it was 21.72 billion euros.
The total value of imports and arrivals in 2013 was 46.88 billion euros, compared to 49.31 billion euros in 2012, resulting in a 4.9% reduction. Without taking oil products into account, the reduction was 1.5 billion euros.
Meanwhile, the total value of exports and departures in 2013 was found to be 27.54 billion euros, which was 0.2% less than in 2012 (27.58 billion euros). Excluding oil products, the reduction was by 368 million euros (2.1%).