In November 2017, exports and imports of goods recorded year-on-year nominal growth rates of +11.9% and +10.4% respectively, both decelerating compared to the previous month (+12.8% and +21.1% in the same order, in October 2017).
Excluding Fuels and lubricants, exports increased by 12.8% and imports grew by 7.8% (+14.0% and +19.6% respectively, in October 2017).
The deficit of trade balance amounted to EUR 867 million in November 2017, i.e. increasing by EUR 17 million when compared with November 2016. Excluding Fuels and lubricants, the trade balance stood at EUR -430 million, corresponding to a decrease of EUR 171 million in the trade deficit compared with November 2016.
In the quarter ended in November 2017, exports and imports of goods grew by 10.2% and 13.2% respectively, vis-à-vis the quarter ended in November 2016.