Exports up 14.7% in May

Greek exports continued rising in May, while imports shrank further due to weak domestic demand, the Hellenic Statistical Authority annnounced on Monday.
The statistical service, in a report, said the value of export-deliveries – excluding petroleum products – totaled 1.331 billion euros in May this year, up from 1.161 billion euros in the same month in 2010, an increase of 14.7 pct.
The value of import-arrivals, excluding petroleum products, totaled 2.696 billion euros, down from 2.926 billion euros over the same periods, respectively, for a decline of 7.9 pct.
The statistical service said that including oil products, the value of exports soared 54.9 pct to 2.019 billion euros, while the value of imports fell to 3.2 billion euros from 3.9 billion euros in May 2010.