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Trade with Greece
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exports. In contrast, the top-100 list for 2011 does
not include items such as: pastry and confec-
tionery, tangerines and melons, certain types of
paint, hormonal drugs, sanitary fixtures and ships.
The data also confirm that the once mighty textile
and clothing sector is in deep crisis, as “denim
yarns” and “not knitted apparel” have disap-
peared from the list. The situation is saved by the
exports of knitted articles of apparel and fabrics,
and furskin products.
It should be noted that the share of the top-100
items in total exports rose to 76% from 57% in
2010.
However, there are also major changes in the list
of the most important markets for Greece's
exports. Italy overtook Germany as the number
one destination of Greek exports, while Turkey
moved 3 places up, displacing Cyprus from the
3rd place.
The growth of “Stores and provisions within the
framework of trade with third countries”, interna-
tionally counted as a separate territory for exter-
nal trade statistics purposes, continued for anoth-
er year. “Stores and provisions” are now included
in the top-5 destinations, above Bulgaria and the
US, in the sub-group of countries that import
products worth more than 1 billion euros from
Greece.
There were 7 new entrants in the list of the top-
100 export destinations for Greek products: Togo
(straight to the 61st place, with €28.7 million),
Argentina (63rd, with €27.1 million), the Falkland
Islands (73rd place, with €17.4 million), Benin
(74th place, with €16.4 million), Bangladesh (84th
place, with €8.6 million), Peru (94th place, with
€6.4 million) and St Helena (98th place, with €5.6
million). On the other hand, certain countries
were left out of the top-100 markets, including:
Bahrain, Bahamas, Cameroon, Uruguay,
Vietnam, Philippines and Suriname.
The largest percentage increases in exports con-
cern countries such as:
Only 23 countries imported less from Greece,
more specifically:
It is estimated that, in total, Greece maintains
trade relations with 217 countries.
● Uzbekistan (1,044%,
albeit at a mere
€7.9 million),
● Argentina (645%),
● Singapore (470.6%),
● Georgia (434.1%),
● Saudi Arabia
(145%),
● South Korea (143%),
● United Arab
Emirates (123.9%),
● Syria (109.8%),
● Turkey (104.2%),
● China (81.9%),
● United States of
America (81%),
● the Ukraine (75.7%),
● Brazil (72.4%),
● Israel (67.1%)
● Egypt (65.9%).
● Jordan (-49.2%),
● Niger (-48%),
● Bahrain (-47%),
● Philippines (-40%),
● Iceland (-35.7%),
● Mexico (-32%),
● Bahamas (-31%),
● Kazakhstan (-28%),
● Libya (-23%),
● Azerbaijan (-18.3%),
● Iraq (-17.2%),
● Qatar (-16%),
● Switzerland (-16%),
● Morocco (-14.5%),
● India (-12.9%),
● Ireland (-11.2%),
● Belarus (-8.2%),
● Sweden (-6.2%),
● Latvia (-4.6%),
● South Africa (-4%),
● Japan (-3.2%),
● Germany (-2%)
● Romania (-1%).