Trade Deficit At €479.5 million For January 2020

Trade Deficit At €479.5 million For January 2020

Business Tuesday, 05 May, 2020

In January 2020, based on data released by Cystat, total imports were €699.6 mn as compared to €823.5 mn in January 2019. Imports from other EU Member States in January 2020 were €475.7 mn as compared to €375.7 mn in January 2019. Imports from Third Countries in January 2020 were €22.9 mn as compared to €447.9 mn in January 2019.

Total exports in January 2020 were €220.1 mn as compared to €534.9 mn in January 2019. Exports to other EU Member States in January 2020 were €89.8 mn as compared to €440.3 mn in January 2019. Exports to Third Countries in January 2020 were €130.3 mn as compared to €94.6 mn in January 2019.

Total imports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €109.0 mn as compared to €305.2 mn in January 2019. Total exports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €44.8 mn as compared to €409.0 mn in January 2019.

That brings the trade deficit to €479.5 million.

Source: Gold News


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