During the ﬁrst eleven months of 2019, the trade deﬁcit widened by €813.7 million when compared to the corresponding period of 2018, reaching €3,661.2 million, according to a National Statistics Office (NSO) press release issued on Thursday.
Both imports and exports increased by €1,008.1 million and €194.4 million respectively. Higher imports were recorded mainly in machinery and transport equipment (€1,020.2 million) and chemicals (€69.9 million), partly outweighed by a decrease of €109.5 million in mineral fuels, lubricants and related materials.
The main increases in exports were registered in chemicals (€116.5 million), miscellaneous manufactured articles (€96.5 million) and machinery and transport equipment (€47.2 million), partly outweighed by a decrease of €58.7 million in mineral fuels, lubricants and related materials.
For the same reference period, imports from the EU reached €4,510.5 million, or 65.8 per cent of total imports. There was a decrease of €368.7 million in imports from euro area countries when compared to the same period in 2018. Main increases and decreases in imports were registered from the United Kingdom (€849.1 million) and Italy (€226.9 million) respectively. With respect to exports, the main increase was directed to Germany (€46.0 million), whereas Italy (€54.3 million) registered the highest decrease.