Eurostat on foreign trade balance deficit

Greece's foreign trade balance deficit was limited in January 2011 to 2.2 billion euros, from 2.9 billion euros in January 2010, according to data publicised by Eurostat on Friday.

Exports increased from 1 billion euros in January 2010 to 1.4 billion euros in January 2011, while imports decreased from 3.9 billion euros to 3.6 billion euros respectively. The countries of southern Europe (France, Italy, Spain, Portugal, Greece) and Britain are exclusively countries of a deficit in the EU while Germany is the exclusively surplus country, exceeding 10 billion euros a month.

Generally speaking, Greek exports, in absolute figures, are moving at the levels of Bulgaria and Slovenia, whose imports are far smaller.

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