Provisional data, published by the National Statistics Office, recorded a total trade in goods deficit of €72.2 million during November, compared to a deficit of €133.8 million in the corresponding month of 2024.
Imports amounted to €579.7 million, while exports totalled €507.5 million, representing decreases in both imports and exports of €108.2 million and €46.5 million, respectively, over the same month of the previous year.
The decrease in imports was mainly due to Mineral fuels, lubricants and related materials (€90.1 million), Machinery and transport equipment (€17.0 million) and Miscellaneous transactions and commodities (€11.7 million), partly offset by an increase in Chemicals (€13.6 million).
On the exports side, the main decreases were registered in Mineral fuels, lubricants and related materials (€65.9 million), Miscellaneous transactions and commodities (€15.4 million) and Machinery and transport equipment (€12.8 million), partly offset by increases in Miscellaneous manufacturing articles (25.7 million) and Food (€19.2 million).
Total Trade in Goods: January-November 2025
During the first eleven months of the year, the deficit narrowed by €284.3 million when compared to the corresponding period of 2024, reaching €4,093.3 million.
Imports stood at €8,500.4 million whereas exports amounted to €4,407.1 million, representing decreases of €735.5million and €451.2 million, respectively, over the same period of the previous year.
Lower imports were mainly recorded in Mineral fuels, lubricants and related materials (€500.0 million) and Machinery and transport equipment (€383.2 million), partly offset by an increase in Chemicals (€170.6 million).
On the exports side, the main decreases were registered in Mineral fuels, lubricants and related materials (€250.2 million), Machinery and transport equipment (€170.1 million) and Food (€31.9 million).
Goods were imported mainly from the European Union (61.8 per cent) and Asia (19.5 per cent). Similarly, exports were mostly directed to the European Union (35.9 per cent) and Asia (15.0 per cent).
The highest increase in imports was recorded from the Netherlands (€153.6 million), while imports from France registered the largest drop (€158.7 million).
Exports to Turkey registered the highest increase (€54.1 million), while those to the United States of America experienced the largest decrease (€111.8 million).
Trade in Goods excluding specific chapters: November 2025
In November, the deficit of trade in goods excluding specific chapters amounted to €53.4 million, compared to a deficit of €90.9 million recorded in the same month of 2024.
Imports stood at €422.8 million and exports at €369.4 million, representing a decrease of 4.1 per cent in imports and an increase of 5.5 per cent in exports, when compared to the corresponding month of 2024.
