recording a drop, in euros, of 11,4%. The corresponding change excluding oil products recorded

Transcription

1 HELLENIC REPUBLIC HELLENIC STATISTICAL AUTHORITY Piraeus, 10 May 2016 PRESS RELEASE COMMERCIAL TRANSACTIONS OF GREECE : 2016 ( Provisional Data ) The total value of imports-arrivals, in 2016 amounted to 3630,9 million euros (4018,3 million dollars) in comparison with 4375,6 million euros (4727,9 million dollars) in 2015, recording a drop, in euros, of 17,0%.The corresponding change excluding oil products recorded a drop of 72,7 million euros or 2,4% (Table 1). The total value of exports-dispatches, in 2016 amounted to 2095,7 million euros (2333,2 million dollars) in comparison with 2364,5 million euros (2570,4 million dollars) in 2015, recording a drop, in euros, of 11,4%. The corresponding change excluding oil products recorded a drop of 5,2 million euros or 0,3% (Table 1). The deficit of the trade balance, in 2016 amounted to 1535,2 million euros (1685,1 million dollars) in comparison with 2011,1 million euros (2157,5 million dollars) in 2015, recording a drop, in euros, of 23,7%. The corresponding change excluding oil products recorded a drop of 67,5 million euros or 4,7% (Table 1). The total value of imports-arrivals, for the 3-month period from January to 2016 amounted to 10122,5 million euros (11129,8 million dollars) in comparison with 11011,8 million euros (12322,2 million dollars) for the corresponding period of the year 2014 recording a drop, in euros, of 8,1%. The corresponding change excluding oil products recorded an increase of 271,3 million euros or 3,3% (Table 5). The total value of exports-dispatches, for the 3-month period from January to 2016 amounted to 5720,8 million euros (6326,3 million dollars) in comparison with 6281,4 million euros (7080,3 million dollars) for the corresponding period of the year 2015, recording a drop, in euros, of 8,9%. The corresponding change excluding oil products recorded a drop of 8,0 million euros or 0,2% (Table 5). The deficit of the Trade Balance, for the 3-month period from January to 2016 amounted to 4401,7 million euros (4803,5 million dollars) in comparison with 4730,4 million euros (5241,9 million dollars) for the corresponding period of the year 2015, recording a drop, in euros, of 6,9%. The corresponding change excluding oil products recorded an increase of 279,3 million euros or 7,6% (Table 5). The monthly data of Intra EU transactions, have been adjusted to the total trade transactions with EU countries, (including the transactions below the statistical threshold ), on the basis of the Recapitulative Statements of Intra-EU Deliveries and Acquisitions that are submitted by the enterprises in the Ministry of Finance. Accordingly, the provisional data from the incomplete customs declarations have been incorporated in the monthly data on trade with third countries and, after having been completed, they will be replaced by the final data. By virtue of EU Regulations on the compilation of intra-eu trade statistics, Member States set out a statistical exemption threshold. On the basis of the exemption threshold, the enterprises whose transactions are below the statistical threshold are exempted from the obligation to submit data on their intra-community transactions (Intrastat declaration). The aim is to reduce the burden on enterprises. The statistical exemption threshold, valid for each year, is specified and released by ELSTAT on a yearly basis. Information: Division of Statistics on Trade and Services Section of External Trade Statistics Eleni Pandi, Aikaterini Logotheti Tel : , 2484 Fax : e.pandi@statistics.gr, a.logotheti@statistics.gr 1

2 Table 1. Trade Balance : Million euros Α. Imports-Arrivals (2) Ι. Including 4.126, , ,9 6,0-17,0 ΙΙ. Excluding 3.632, , ,6 16,4-15,7 ΙΙΙ. Excluding oil products and including 3.000, , ,9 3,0-2,4 B. Exports-Dispatches (2) Ι. Including 2.161, , ,7 9,4-11,4 ΙΙ. Excluding 2.159, , ,1 9,1-11,2 ΙIΙ. Excluding oil products and including 1.352, , ,7 21,4-0,3 C. Trade Balance including (=B.I-A.I) D. Trade Balance excluding (=Β.ΙI - Α.ΙΙ) E. Trade Balance excluding oil products and including (=Β.ΙIΙ - Α.ΙΙΙ) , , ,2 2,3-23, , , ,5 27,2-21, , , ,2-12,1-4,7 USD million Α. Imports-Arrivals (2) Ι. Including 5.686, , ,3-16,9-15,0 ΙΙ. Excluding 5.005, , ,8-8,7-13,7 ΙΙΙ. Excluding oil products and including 4.134, , ,7-19,3 0,0 Β. Exports-Dispatches (2) Ι. Including 2.996, , ,2-14,2-9,2 ΙΙ. Excluding 2.994, , ,3-14,5-9,0 ΙΙΙ. Excluding oil products and including C. Trade Balance including (=B.I-A.I) D. Trade Balance excluding (=Β.ΙI - Α.ΙΙ) E. Trade Balance excluding oil products and including (=Β.ΙIΙ - Α.ΙΙΙ) 1.874, , ,1-4,8 2, , , ,1-19,8-21, , , ,5-0,1-19, , , ,6-31,2-2,4 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year. 2

3 Table 2. Imports-Arrivals, Exports-Dispatches including oil products, Imports-Arrivals (2) ( million) I. European Union 1.925, , ,5 12,8-1,8 II. Third countries 2.201, , ,4 0,1-32,0 Total 4.126, , ,9 6,0-17,0 Imports-Arrivals (2) (USD million) I. European Union 2.652, , ,1-11,5 0,6 II. Third countries 3.033, , ,2-21,5-30,4 Total 5.686, , ,3-16,9-15,0 Exports-Dispatches (2) ( million) I. European Union 1.015, , ,0 20,5 0,7 II. Third countries 1.146, ,6 863,7-0,4-24,3 Total 2.161, , ,7 9,4-11,4 Exports-Dispatches (2) (USD million) I. European Union 1.407, , ,6-5,5 3,2 II. Third countries 1.589, ,0 961,6-21,9-22,5 Total 2.996, , ,2-14,2-9,2 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 1. Imports-Arrivals, Exports-Dispatches including oil products USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 3

4 Table 3. Imports-Arrivals, Exports-Dispatches excluding oil products, Imports-Arrivals (2) ( million) I. European Union 1.831, , ,1 14,4 0,1 II. Third countries 1.168,3 994,1 919,8-14,9-7,5 Total 3.000, , ,9 3,0-2,4 Imports-Arrivals (2) (USD million) I. European Union 2.524, , ,8-10,3 2,5 II. Third countries 1.610, , ,9-33,3-5,2 Total 4.134, , ,7-19,3 0,0 Exports-Dispatches (2) ( million) I. European Union 895, , ,9 20,6 4,3 II. Third countries 456,7 560,7 508,8 22,8-9,3 Total 1.352, , ,7 21,4-0,3 Exports-Dispatches (2) (USD million) (2) I. European Union 1.241, , ,7-5,4 6,9 II. Third countries 633,2 609,5 566,4-3,7-7,1 Total 1.874, , ,1-4,8 2,1 The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 2. Imports-Arrivals, Exports-Dispatches excluding oil products USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 4

5 Table 4: Imports-Arrivals, Exports-Dispatches excluding oil products and ships, Imports-Arrivals (2) ( million) I. European Union 1.828, , ,0 14,3 0,1 II. Third countries 677,8 854,3 857,6 26,0 0,4 Total 2.506, , ,6 17,5 0,2 Imports-Arrivals (2) (USD million) I. European Union 2.519, , ,2-10,4 2,6 II. Third countries 934,1 923,1 949,1-1,2 2,8 Total 3.453, , ,3-7,9 2,6 Exports-Dispatches (2) ( million) I. European Union 894, , ,6 20,6 4,4 II. Third countries 455,6 553,5 506,5 21,5-8,5 Total 1.350, , ,1 20,9 0,0 Exports-Dispatches (2) (USD million) I. European Union 1.240, , ,3-5,4 6,9 II. Third countries 631,7 601,7 563,9-4,7-6,3 Total 1.872, , ,2-5,2 2,4 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 3. Imports-Arrivals, Exports-Dispatches excluding oil products and ships USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 5

6 Table 5. Trade Balance : January Million euros January - Α. Imports-Arrivals (2) Ι. Including , , ,5-8,5-8,1 ΙΙ. Excluding , , ,0-1,6-10,3 ΙΙΙ. Excluding oil products and including B. Exports-Dispatches (2) 8.143, , ,4-0,1 3,3 Ι. Including 6.363, , ,8-1,3-8,9 ΙΙ. Excluding 6.347, , ,0-1,5-8,7 ΙIΙ. Excluding oil products and including C. Trade Balance including (=B.I-A.I) 3.910, , ,5 14,4-0, , , ,7-16,7-6,9 D. Trade Balance excluding (=Β.ΙI - Α.ΙΙ) E. Trade Balance excluding oil products and including (=Β.ΙIΙ - Α.ΙΙΙ) , , ,0-1,7-12, , , ,9-13,6 7,6 USD million January - Α. Imports-Arrivals (2) Ι. Including , , ,8-25,1-9,7 ΙΙ. Excluding , , ,1-19,3-11,9 ΙΙΙ. Excluding oil products and including Β. Exports-Dispatches (2) , , ,8-18,1 1,4 Ι. Including 8.743, , ,3-19,0-10,6 ΙΙ. Excluding 8.721, , ,5-19,2-10,4 ΙΙΙ. Excluding oil products and including C. Trade Balance including (=B.I-A.I) D. Trade Balance excluding (=Β.ΙI - Α.ΙΙ) E. Trade Balance excluding oil products and including (=Β.ΙIΙ - Α.ΙΙΙ) 5.373, , ,6-6,1-2, , , ,5-31,9-8, , , ,6-19,5-13, , , ,2-29,4 5,8 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year. 6

7 Table 6. Imports-Arrivals, Exports-Dispatches including oil products, January Imports-Arrivals (2) ( million) January - I. European Union 5.399, , ,2 7,2-1,2 II. Third countries 6.640, , ,3-21,4-15,7 Total , , ,5-8,5-8,1 Imports-Arrivals (2) (USD million) January - I. European Union 7.376, , ,9-12,0-3,1 II. Third countries 9.069, , ,9-35,7-17,0 Total , , ,8-25,1-9,7 Exports-Dispatches (2) ( million) January - I. European Union 2.969, , ,0 14,7 0,2 II. Third countries 3.393, , ,8-15,3-19,8 Total 6.363, , ,8-1,3-8,9 Exports-Dispatches (2) (USD million) January - I. European Union 4.080, , ,4-5,7-1,8 II. Third countries 4.663, , ,9-30,6-21,1 Total 8.743, , ,3-19,0-10,6 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 4. Imports-Arrivals, Exports-Dispatches including oil products (January - ) USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 7

8 Table 7. Imports-Arrivals, Exports-Dispatches excluding oil products, January Imports-Arrivals (2) ( million) January - I. European Union 5.168, , ,0 9,0 0,0 II. Third countries 2.975, , ,4-16,0 10,7 Total 8.143, , ,4-0,1 3,3 Imports-Arrivals (2) (USD million) January - I. European Union 7.060, , ,1-10,6-1,8 II. Third countries 4.067, , ,7-31,2 8,8 Total , , ,8-18,1 1,4 Exports-Dispatches (2) ( million) January - I. European Union 2.570, , ,7 16,3 3,9 II. Third countries 1.340, , ,8 10,8-8,3 Total 3.910, , ,5 14,4-0,2 Exports-Dispatches (2) (USD million) January - I. European Union 3.531, , ,2-4,4 1,8 II. Third countries 1.841, , ,4-9,2-10,0 Total 5.373, , ,6-6,1-2,1 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 5. Imports-Arrivals, Exports-Dispatches excluding oil products (January - ) USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 8

9 Table 8: Imports-Arrivals, Exports-Dispatches excluding oil products and ships, January Imports-Arrivals (2) ( million) January - I. European Union 5.161, , ,3 8,9 0,1 II. Third countries 1.958, , ,6 19,6 1,9 Total 7.119, , ,9 11,8 0,6 Imports-Arrivals (2) (USD million) January - I. European Union 7.050, , ,4-10,6-1,8 II. Third countries 2.675, , ,7-1,8-0,1 Total 9.726, , ,1-8,2-1,3 Exports-Dispatches (2) ( million) January - I. European Union 2.566, , ,3 15,9 4,3 II. Third countries 1.327, , ,4 10,9-8,1 Total 3.893, , ,7 14,2 0,2 Exports-Dispatches (2) (USD million) January - I. European Union 3.526, , ,5-4,8 2,2 II. Third countries 1.824, , ,2-9,0-9,8 Total 5.350, , ,7-6,2-1,8 (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the Τhe value in dollars of imports and exports is based on the average exchange rate USD / of the reporting month in the relevant year Diagram 6. Imports-Arrivals, Exports-Dispatches excluding oil products and ships (January - ) USD million Exports Third countries ImportsThird countries Dispatches EU Arrivals EU 9

10 Table 9. Imports - Arrivals and Exports - Dispatches by SITC sections (Standard International Trade Classification), 2016 and January Imports - Arrivals (2) (in million ) 2016 January European Union Third countries European Union Third countries Total 2.132, , , ,3 0. Food and live animals 333,0 110,1 974,6 277,7 1. Beverages and tobacco 43,4 9,5 108,1 31,5 2. Crude materials, inedible, except fuels 40,5 55,1 109,7 151,7 3. Mineral fuels, lubricants, etc 60,7 589,7 153, ,1 4. Animal and vegetable oils and fats 17,1 7,4 41,1 16,0 5. Chemicals and related products, n.e.s 498,5 134, ,2 360,0 6. Manufactured goods classified chiefly by raw material 269,4 193,6 731,9 554,3 7. Machinery and transport equipment 543,5 251, ,6 924,9 8. Miscellaneous manufactured articles 323,9 146,3 869,1 406,9 9. Commodities and transactions not classified by category 2,6 1,5 5,0 6,2 Exports - Dispatches (2) (in million ) 2016 January European Union Third countries European Union Third countries Total 1.232,0 863, , ,8 0. Food and live animals 279,4 86,4 730,5 238,7 1. Beverages and tobacco 40,7 21,8 102,6 65,1 2. Crude materials, inedible, except fuels 26,6 50,6 82,8 142,0 3. Mineral fuels, lubricants, etc 107,0 355,3 316,4 950,0 4. Animal and vegetable oils and fats 41,0 10,2 189,8 30,1 5. Chemicals and related products, n.e.s 178,8 72,1 499,6 171,7 6. Manufactured goods classified chiefly by raw material 227,5 139,9 607,1 361,3 7. Machinery and transport equipment 175,6 74,3 442,7 191,5 8. Miscellaneous manufactured articles 130,6 34,8 370,2 104,8 9. Commodities and transactions not classified by category 24,8 18,4 73,3 50,7 Provisional data. (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the corresponding month have been incorporated in the data on trade with third countries. * Wherever necessary, the data have been rounded up, thus, a slight difference may occur between the sum of the figures and their total. 10

11 Table 10. Commercial Transactions with EU and Third Countries including oil products Year and Month Value in million Imports - Arrivals (2) Exports - Dispatches (2) Monthly Changes % compared with the corresponding month of the previous year Value in million Monthly Changes % compared with the corresponding month of the previous year 2014: ,3 7,3-8, ,9 1,4-2, ,6 7,8 3, ,5-3,3-1, ,4 0,5 11, ,4 4,6 2, ,2-11,1-6, ,2-5,0-17, ,4 9,8 4, ,3 10,7-7, ,4 4,9 10, ,2 9,4 12, ,0 5,8 13, ,2 0,5 1, ,5-26,1-15, ,8-17,1-4, ,0 32,1 7, ,8 11,3-6, ,0-1,7 1, ,5 9,8 7, ,0-9,0 2, ,3-7,4 7, ,0 3,3 13, ,5-6,0 4,5 Total year ,9 2, ,5-0, : ,3-22,1-17, ,9-15,1-12, ,8 11,1-14, ,0 9,5-0, ,6 25,3 6, ,5 15,5 9, ,3-11,2 6, ,1-7,5 6, ,4-6,1-9, ,6 5,6 1, ,9 2,9-11, ,0-2,7-9, ,5-19,1-32, ,6 3,6-6, ,8-1,8-9, ,0-17,8-7, ,6 19,4-18, ,4 5,7-12, ,3 20,7 0, ,4 10,6-11, ,3-15,0-6, ,9-5,0-9, ,5 1,3-8, ,0 4,8 1,2 Total year ,5-9, ,2-4,5 8, : ,3-21,2-7, ,5-23,0-8, ,3 22,1 2, ,7 11,2-6, ,9 1,7-17, ,7 9,8-11,4 4 58,6-98,4-98,5 17,1-99,2-99, , ,1-0, , ,0 0, ,5 3,0 0, ,6-2,8 0, ,4-19,1-0, ,8 3,5-0, ,3-1,7 0, ,3-17,8-0, ,3 19,4 0, ,5 5,7-0, ,7 21,0 0, ,5 10,5-0, ,0-15,2 0, ,1-5,1-0, ,8 1,5 0, ,3 1,4-3,5 Total year ,4-10, ,4-10,9 Provisional data (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the * Wherever necessary, the data have been rounded up, thus, a slight difference may occur between the sum of the figures and their total. 11

12 Table 11. Commercial Transactions with EU and Third Countries excluding oil products Year and Month Value in million Monthly Changes % compared with the corresponding month of the previous year Value in million Monthly Changes % compared with the corresponding month of the previous year 2014: ,4 1,9-3, ,3-4,1-3, ,9 18,4 17, ,9 0,3-3, ,2 7,6 20, ,1 5,6-4, ,9-14,7-3, ,9-1,0-11, ,2 2,2 9, ,1 6,7 3, ,2 16,1 15, ,9-2,7 0, ,0-4,7 10, ,2 10,6 3, ,0-28,9-11, ,3-25,6-4, ,0 38,6 14, ,7 25,7-0, ,8-3,8 4, ,7 12,3 4, ,5 0,7 2, ,1-4,7 2, ,1 0,7 20, ,6 2,1 17,9 Total year ,2 8, ,8 0, : ,0-12,2 3, ,0-11,5 8, ,6 6,5-6, ,6 4,0 12, ,6 18,8 3, ,9 13,6 21, ,0-9,7 9, ,2-4,4 17, ,8 0,9 7, ,9-2,8 6, ,7 6,0-1, ,8 8,3 18, ,1-24,2-21, ,4 0,6 8, ,6-15,8-7, ,1-25,8 7, ,2 45,5-2, ,1 19,8 2, ,7 28,7 30, ,6 8,1-1, ,9-23,3-1, ,8-6,4-2, ,7 0,4-1, ,3 13,0 7,6 Total year ,8 0, ,6 8, : ,1-11,9-1, ,5-21,2-4, ,4 22,8 14, ,4 12,8 3, ,9 1,6-2, ,7 9,0-0,3 4 7,7-99,7-99,7 9,9-99,4-99, , ,0-0, , ,2 0, ,3 6,1 0, ,4 8,1 0, ,0-24,2-0, ,6 0,4-0, ,0-15,7 0, ,3-25,9-0, ,4 45,5 0, ,2 19,9-0, ,5 28,6-0, ,8 8,0-0, ,0-23,4-0, ,6-6,5-0, ,3 0,3-0, ,8 8,1-4,6 Total year ,3-7, ,8-9,0 Provisional data Imports - Arrivals (2) Exports - Dispatches (2) (2) The data of the Intra EU trade have been adjusted to the total trade with EU countries.the "incomplete customs declarations" for the * Wherever necessary, the data have been rounded up, thus, a slight difference may occur between the sum of the figures and their total. 12

13 Commercial Transactions of Greece EXPLANATORY NOTES The Commercial Transactions of Greece are recorded on a monthly basis aiming at monitoring the total value of Imports-Arrivals, Exports-Dispatches as well as the relevant changes of the above-mentioned categories. Transactions reffering to services are not included, while they are taken into account for the compilation of the National Accounts tables, along with the commercial transactions. Legal Framework The survey is conducted in compliance with the requirements laid down in the following E.U. Regulations: Intra - EU TRADE: Regulation 638/2004, as it was amended by Regulations 222/2009, 1093/2013 and 659/2014. Reference Period Availability of Results Extra - EU TRADE: Regulation 471/ days after the end of the reference month (provisional data). The provisional data are revised and disseminated on a monthly basis for all the previous months until the finalization of the yearly data, which takes place ten months after the end of the reference year. Definitions INTRASTAT is the system for collecting Intra EU statistical data (among the EU countries). It was implemented on January 1st, Arrival is considered every import of goods from a country of the EU. Dispatch is considered every export of goods to a country of the EU. EXTRASTAT is the system for collecting external trade data with third countries (countries outside the EU). Methodology Import is considered every import of goods from a third country (outside the EU). Export is considered every export of goods to a third country (outside the EU). INTRASTAT: It is an exchaustive statistical survey. The parties responsible for providing statistical information through Intrastat System are the enterprises which perform intra EU trade transactions and they have exceeded the applied statistical thresholds. The statistical thresholds are readjusted each year. The statistical thresholds for 2016 are the following: Arrivals: 150, (95,0% coverage) Dispatches: 90, (98,0% coverage) The statistical data of Intra EU-Trade include also the transactions of the enterprises, which are not obliged to submit Intrastat data since the value of their transactions is below the applied statistical threshold. In compliance with the obligations provided in the EU Regulations regarding the compilation of external trade statistics, these transactions are calculated on the basis of the Recapitulative Statements of Intra-EU Deliveries and Acquisitions that all the enterprises are obliged to submit to the Ministry of Finance. ELECTRONIC SUBMISSION: Intrastat declarations are submiitted electronically via the following links: or EXTRASTAT: It is a statistical survey where data are collected by administrative sources. The Customs Authorities collect the relevant statistical data on trade by filling in the Single Administrative Document (SAD). All the transactions with third countries above the amount of euros are registered. In the beginning of each month Customs Authorities transmit to Hellenic Statistical Authority an electronic file with the customs data of statistical relevance of the previous month. The statistical data of imports and exports of goods with the Third Countries, are derived from the data transmitted by the Customs Authorities. The incorporation, henceforth, of the provisional data from the incomplete customs declarations" - which concern mainly petroleum products - in the monthly data on trade with third countries; the incomplete customs declarations data after having been completed will be replaced by the final data. References Classification of goods: The goods are classified in compliance with the 8-digit Combined Nomenclature Code (CN/8) and the Standard International Trade Classification (SITC). More information concerning the survey on Commercial Transactions is available on the website of the Hellenic Statistical Authority ( under the link "Statistical Themes / Trade - Services / Imports-Exports / External Trade 13