The visible trade gap grew by €74.5 million to €159.6 million in September compared to the same month last year.

The National Statistics Office said yesterday that the value of imports rose by €64 million and exports fell by €10.5 million in value.

The increase in imports was led by fuels, lubricants, capital goods and consumer goods while the decline in exports was mainly in machinery, transport equipment, chemicals, beverages, tobacco and other miscellaneous manufactured articles.

Since the start of the year, the trade gap has widened by €134.2 million and now stands at €1,091.9 million.

Since January, the value of imports fell by €9.4 million and that of exports by €143.5 million.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.