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Greek Exports

EXPORTS - 2021

According to the most recent (provisional) data of the Hellenic Statistical Authority, the total value of exports for 2021 amounted to €39,894.6 million, compared to €30,800.2 million in 2020, presenting a significant 29.5% increaseExcluding petroleum products, the exports during the same period presented a 19.7% increase (€28,869.1 million compared to €24,126.1 million in 2020), whereas excluding petroleum products and shipping the increase amounted to 19.9% (from €23,968.6 million to €28,746.0 million).

Fuel has the largest share of exports for 2021 (28.2%) followed by industrial products classified according to raw material (15.6%), food products (14.8%) and chemicals (14.2%).

Regarding imports, the total value of imports during 2021 amounted to €64,190.2 million, compared to €48,953.8 million during the same period in 2020, presenting a 31.1% increase. Excluding petroleum products, the increase during the same period amounted to 20.1% (from €39,622.2 million to €47,596.4 million), whereas excluding petroleum products and shipping it amounted to 20.5% (from €39,389.3 million to €47,446.9 million).

Fuel has the largest share of imports for 2021 (approximately 26.4% of imports) followed by transport material and machinery (19.2%) and chemicals (17.0%).

Destination countries (2021):

Exports to the European Union (EU) amounted to 53.7% during 2021, demonstrating its special weight in Greek export trade. A dynamic increase of Greek exports in 2021 occurred to the following countries: Italy, Germany, Cyprus, Bulgaria, Turkey, Lebanon, Libya, South Korea, Saudi Arabia etc. The main partners include:

- Italy (10.6%)

- Germany (7.8%)

- Cyprus (6.4%)

- Turkey (5.8%)

- Bulgaria (5.0%)

- France (4.4%)

 

Countries of origin (2021):

The EU is also an important import trade partner of Greece, with a share of approximately 51.2%. The main countries include:

- Germany (12.4%)

- Italy (9.0%)

- China (7.7%)

- Russia (6.3%)

- Iraq (6.0%)

- Netherlands (4.4%)

Total foreign trade

The total of the foreign trade of goods transactions (imports + exports) of Greece amounted to €104,084.8 in 2021. The exports of goods are lower than the imports, however large part of the trade deficit (which increased by 33.8% in 2021) is covered, mainly by the export of services like shipping, tourism, financial services, etc.

Import-Export Data

Greek Exports/Country (in millions Euros)

Country    

2021   

2020

  2019

Italy

3.953

3.261

 3.681 

Germany

2.926

2.405

  2.296

Cyprus

2.558

1.983

  2.070

Turkey

2.058

1.338

  1.974

Bulgaria

1.957

1.544

1.641

France

1.871

1.789

  1.196

USA

1.608

1.137

  1.305

Romania

1.390

1.124

  1.045

UK  

1.309

1.189

  1.249

Spain

1.190

1.141

  1.117

Lebanon

1.170

654

  1.165

Other

17.931

13.235

15.132

TOTAL

39.921

30.800

33.871


Greek Imports / Country (in million Euros)

Χώρα  

2021  

2020

  2019 

Germany

7.137

6.090

  6.187

Italy 

5.578

4.467

  4.823

China

5.009

3.743

  4.061

Russia

4.302

2.934

3.971

Iraq

4.140

2.008

  4.553

Netherlands

3.635

3.132

  2.833

France

2.677

2.161

  2.433

Turkey 

2.497

1.551

1.943

Spain

2.321

1.706

  2.065

Kazakhstan

2.221

1.575

  1.607

Bulgaria  

2.112

1.744

  1.996

Other 

22.595

17.843

19.263

ΣΥΝΟΛΟ

64.224

48.954

55.735

 

Greek Exports / Sector (in million Euros)

SECTOR

2021    

2020

2019

Mineral fuels and lubricants

11.258

6.732

10.668

Industrial goods mainly classified by material

6.222

4.885

5.035

Food and live animals

5.895

5.320

4.820

Chemical

5.657

5.049

4.108

Machinery and transport equipment

3.866

3.266

3.178

Various industrial products

2.945

2.449 

2.872

Other

4.078

3.099

3.186

TOTAL

39.921

30.800

33.867


Greek Imports / Sector (in million Euros)

SECTOR

2021     

2020

 2019

Mineral fuels and lubricants

16.958

9.714

15.030

Machinery and transport equipment

12.365

9.880

10.532

Chemicals

10.920

9.978

8.652

Industrial goods mainly classified by material

7.797

5.941

6.331

Various industrial products

6.756

5.591

6.651

Food and live animals

6.448

5.673

6.081

Other

2.980

2.179

2.570

TOTAL

64.224

48.956

55.847

Source: Hellenic Statistical Authority (ELSTAT), provisional data. Small differences in the totals per country and per sector are due to continuous revisions by ELSTAT.

 

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