Oil products, aluminium, pharmaceuticals top Greek export products

Oil products, aluminium products and pharmaceuticals are the top Greek export products in value, while particularly in the farm/food sector, fruit and vegetables are at the top, the Foreign Affairs ministry said in a report.

The report, based on an analysis of data released by Hellenic Statistical Authority, recorded Greek export trends in the 123 main export markets in the period 2013-2016. These exports accounted for 99.7 pct of total Greek exports, rising from 93.7 pct in 2013 to 94.4 pct in 2014, to 99.1 pct in 2015 and 99.7 pct in 2016. The report noted that exports grew in 70 countries and fell in 53.

The EU-27 remained the main destination for Greek exports with their value totaling 12.4 billion euros in 2016, followed by the Balkans (5.0 billion), Africa (1.7 billion), North America (1.4 billion), Middle East (1.3 billion), Asia, Russia, South America and Oceania.

Italy remained the top destination for Greek exports (more than 2.8 billion euros or 11.1 pct of exports), followed by Germany with 1.9 billion or 7.68 pct, Cyprus with 1.6 billion, Turkey and Bulgaria with more than 1.3 bilion euros each, the US, the UK and Lebanon with around 1.1 billion euros each.

Exports of oil products surpassed 6.5 billion euros with main destinations Lebanon, Turkey, Italy, Egypt, Gibraltar, Cyprus and Saudi Arabia. Aluminium products totaled 1.0 billion euros with main destinations Germany, Franc, Italy, Poland and the US, while pharmaceuticals at third place with main destinations Germany, UK, France, Italy and Cyprus.

Exports of fruit and vegetables totaled more than 1.6 billion euros in value, while exports of fish and seafood totaled more than 650 million euros and exports of olive oil surpassed 627 million euros.