Registered trade in goods showed a deficit of €904.0 million in July 2025

Provisional data recorded a total trade in goods’ deficit of €904.0 million during July, compared to a deficit of €640.0 million in the corresponding month of 2024. Imports increased by €141.6 million reaching €1,239.6 million, while exports totalled €335.6 million representing a drop of €122.3 million, when compared to the same month of the previous year.

The increase in imports was mainly due to Machinery and transport equipment (€319.4 million), partly offset by a decrease in Mineral fuels, lubricants and related materials (€164.4 million).

On the exports side, the main decreases were registered in Mineral fuels, lubricants and related materials (€42.4 million), Miscellaneous manufactured articles (€38.4 million), and Chemicals (€16.9 million).

Total Trade in Goods: January-July 2025

During the first seven months of the year, the deficit widened by €251.7 million when compared to the corresponding period of 2024, reaching €2,869.0 million. Imports stood at €5,397.8 million whereas exports reached €2,528.8 million, representing decreases of €70.1 million and €321.7 million, respectively, over the same period of the previous year. Lower imports were mainly recorded in Mineral fuels, lubricants and related materials (€344.7 million), partly offset by an increase in Machinery and transport equipment (€239.2 million).

On the exports side, the main decreases were registered in Machinery and transport equipment (€206.7 million), and Mineral fuels, lubricants and related materials (€105.0 million).

Goods were imported mainly from the European Union (63.3 per cent) and Asia (18.8 per cent). Similarly, exports were mostly directed to the European Union (36.3 per cent) and Asia (12.2 per cent). The highest increase in imports was recorded from France (€384.4 million), while imports from Italy registered the largest drop (€109.4 million).

Exports to Turkey registered the highest increase (€94.3 million), while those to the United States of America experienced the largest decrease (€121.2 million).

Trade in Goods excluding specific chapters

In July, the deficit of trade in goods excluding specific chapters amounted to €305.4 million, compared to a deficit of €278.0 million recorded in the same month of 2024. Imports stood at €491.7 million and exports at €186.3 million, representing decreases in both imports and exports of 9.5 per cent and 29.8 per cent, respectively, when compared to the corresponding month last year.

During the first seven months of 2025, the deficit of trade in goods excluding specific chapters widened by €58.6 million when compared to the same period of 2024, reaching €1,732.3 million. Both imports and exports decreased by 0.7 per cent and 4.9 per cent, respectively, amounting to €3,305.0 million and €1,572.7 million.