Imports increased by 63.3% for November, according to data published by ELTAT, while for the same period, exports increased by 47.2%.
At the same time, the trade deficit in November increased by 93.1%, while in the 11 months of January – November 2021 it increased by 29.9%.
More detail:
The total value of imports – arrivals, in the month of November 2021 amounted to 6,666.5 million euros ($ 7,586.8 million) against 4,081.8 million euros ($ 4,817.4 million) in the same month of the year 2020 showing an increase, in euros, of 63.3%. The corresponding value without petroleum products in November 2021 increased by 1,148.7 million euros, ie 34.0%, while the corresponding value without petroleum products and ships in November 2021 increased by 1,135.3 million. euro, ie 33.7%, compared to November 2020.
The total value of exports – shipments in the month of November 2021 amounted to 3,896.3 million euros ($ 4,460.5 million) against 2,647.3 million euros ($ 3,143.3 million) in the same month of the year 2020 showing an increase, in euros, of 47.2%. The corresponding value without petroleum products in November 2021 increased by 663.7 million euros, ie 31.5% and the corresponding value without petroleum products and ships in November 2021 increased by 641.0 million euros, ie 30.5%, compared to the month of November 2020 (Table 1).
The trade deficit in November 2021 amounted to 2,770.2 million euros ($ 3,126.3 million) compared to 1,434.5 million euros ($ 1,674.1 million) in the same month of 2020, showing increase, in euros, 93.1%. The corresponding value without petroleum products in November 2021 showed an increase in the deficit by 485.0 million euros, ie 38.3%, while the corresponding value without petroleum products and ships in November 2021 increased by 494.3 million euros, ie 39.0% compared to November 2020 (Table 1).
The total value of imports – arrivals during the period January-November 2021 amounted to 57,952.1 million euros ($ 68,491.5 million) against 44,423.4 million euros ($ 50,277.8 million) in same period of the year 2020, showing an increase of 30.5% in euros. The corresponding value without petroleum products increased by 7,114.2 million euros, ie 19.7% and the corresponding value without petroleum products and ships increased by 7,129.5 million euros, ie 19.8%, compared to the period January-November 2020 (Table 5).
The total value of exports – shipments during the period January-November 2021 amounted to 36,310.8 million euros ($ 43,200.0 million) compared to 27,767.6 million euros ($ 31,616.0 million) in same period of 2020, showing an increase of 30.8% in euros. The corresponding value without petroleum products increased by 4,416.8 million euros, ie 20.2% and the corresponding value without petroleum products and ships increased by 4,384.1 million euros, ie 20.1%, compared to the period January-November 2020 (Table 5).
The trade deficit for the period January-November 2021 amounted to 21,641.3 million euros ($ 25,291.5 million) against 16,655.8 million euros ($ 18,661.8 million) during the same period of the year 2020, showing an increase, in euros, of 29.9%. The corresponding size without petroleum products increased by 2,697.4 million euros, ie 18.9% and the corresponding size without petroleum products and ships increased by 2,745.4 million euros, ie 19.3%
.
Source From: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
