Exports up 25.7% y/y in January 2018
In January 2018, exports increased 25.7% y/y to US$ 222.2mn, imports were up 18.1% y/y to US$ 593.6mn and the trade deficit widened 14.0% y/y to US$ 371.4mn according to GeoStat’s preliminary figures. Detailed foreign trade statistics will be available on February 19, 2018.
Money transfers up 31.1% y/y in January 2018
In January 2018, money transfers increased 31.1% y/y to US$ 110.0mn after growing 16.3% y/y in previous month, according to NBG. Money transfers were up from all major remitting countries: Russia (+17.0% y/y, 28.1% of total), Italy (+43.1% y/y, 12.5% of total), Greece (+33.4% y/y, 11.3% of total), Israel (+84.3% y/y, 10.7% of total), USA (+13.3% y/y, 9.7% of total) and Turkey (+41.3% y/y, 8.0% of total).
