127
Trade with Greece
More specifically, the marginal 0.6% increase (from €7,943 million to
€7,989.8 million) of imports to the EU-15 that took up 29.7% of total
exports for the year under review, is also reflected on the mixed trends
of exports towards the 6 top buyers of Greek products in the region. In
particular, in terms of volume, exports to Italy increased by 1.2 % (from
€2,440.2 million to €2,469.8 million), while exports to Germany regis-
tered a marginal drop of -0.6% (from €1.771 million to €1,761 million)
and exports to the United Kingdom also fell by 1.9% (from €984.7 mil-
lion to €965.5 million). Exports to Spain registered a major 15.8%
increase (from €576 million to €666.8 million), exports to France
remained more or less unchanged (from €641.1 million to €641 mil-
lion), while there was a 2.5% drop in the exports to the Netherlands, the
6th largest market in terms of volume (from €425.4 million to €414.9
million).
Among the other 6 major destinations of Greek exports, 3 registered
increases, while the remaining 3 registered decreases during 2014.
More specifically, in terms of export volume Belgium registered a sub-
stantial increase of 5.4% (from €295.2 million to €311.2 million), Austria
saw a steep drop of 14.5% (from €205 million to €175.2 million),
Finland increased by a hefty 13.2% (from €145.4 million to €164.6 mil-
lion), and Sweden fell by 8.5% (from €172.1 million to €157.5 million).
Exports to Portugal rose by 5.5% (from €119.2 million to €125.8 mil-
lion), while exports to Denmark shrank by a dramatic 23% (from €127.7
million to €98.2 million).
Finally, the two EU-15 destinations which account for the lowest vol-
ume of exports show contrasting trends, with Ireland showing a 8%
decrease (from €36.2 million to €33.3 million), while Luxembourg
showed an increase of 33.8% (from €3.5 million to €4.6 million).
As far as enlargement countries, which absorb 8.1% of Greek exports,
are concerned, there has been a substantial 7.8% increase in the total
value of exports, to €2,177.6 million from €2,020.7 million in 2013.
Cyprus remains the top export market among enlargement countries,
as it takes up 56.6% of exports to this region, increased by 9.8%, from
€1,122.4 million to €1,231.8 million. There was also an improvement in
the exports towards the other four main buyers of Greek products in
this region. More specifically, exports to Poland increased by 12.1%
(from €288.5 million to €323.3 million), while exports to the Czech
Republic rose by 28.6% (from €146.5 million to €188.4 million), to Malta
by 46% (from €86.7 million to €126.6 million) and to Hungary by 13%
(from €90.8 million to €102.6 million).
In regard to the remaining countries, exports to Slovenia stand out for
their substantial 44.3% drop (from €168.1 million to €93.6 million), while
exports to Slovakia were reduced by 3.8% (from €63.3 million to €60.9
million).
The marginal-0.8% drop of exports to the Balkans (from €3,625.5 mil-
lion to €3,654 million), which account for 13.5% of total Greek exports,
resulted from the variability of exports to the top four buyers of Greek
products in the region. More specifically, exports to Bulgaria fell by
4.1% (from €1,396.4 million to €1,339.4 million), and exports to the
FYROM fell by 5% (from €744.5 million to €707.2 million), while exports
to Romania rose by 4.7% (from €629.2 million to €601.1 million) and
exports to Albania rose by 19.8% (from €343.3 million to €411.5 mil-
lion).
Exports to Serbia and Montenegro remained more or less stagnant
(from €197.4 million to €198.9 million, and from €161.7 million to
€162.3 million, respectively), while there were remarkable changes in
the value of exports to Croatia (up by 29.4%, to €70.1 million from
€54.2 million), to Kosovo (down by 55.3%, to €77.4 million from €34.6
million) and to Bosnia & Herzegovina (down by 7.2%, to €72.4 million
from €78 million).
The following tables present the top ten exports to EU countries in
terms of value.
JANUARY-AUGUST
2013
VALUE
(Euros)
VOLUME/
KGR
AUSTRIA
167,305,715 53,468,910
PHARMACEUTICAL PRODUCTS
58,265,887 1,418,531
ELECTRICAL MACHINERY AND EQUIP-
MENT
PLASTICS AND ARTICLES THEREOF
19,228,907 9,283,386
PREPARATIONS OF VEGETABLES, FRUIT,
NUTS OR OTHER PARTS OF PLANTS
15,707,546 12,320,697
DAIRY PRODUCE. DIRDS’ EGGS. NAT-
URAL HONEY. EDIBLE PRODUCTS OF
ANIMAL ORIGIN
14,810,527 4,303,067
ALUMINIUM AND ARTICLES THEREOF
8,389,629 3,076,604
EDIBLE FRUIT AND NUTS PEEL OF
CITRUS FRUIT OR MELONS
7,072,449 12,177,654
EDIBLE VEGETABLES AND CERTAIN
ROOTS AND TUBERS
6,344,214 3,753,170
ARTICLES OFAPPARELAND CLOTHING
ACCESSORIES, KNITTED OR
CROCHETED
5,089,023 202,114
ANIMAL OR VEGETABLE FATS AND
OILS. THEIR CLEAVAGE PRODUCTS.
PREPARED EDIBLE FATS. ANIMAL OR
VEGETABLE WAXES.
4,843,517
27,554,016 5,983,811
949,876
JANUARY-AUGUST
2014
VALUE
(Euros)
VOLUME/
KGR
AUSTRIA
137,828,580 43,036,954
PHARMACEUTICAL PRODUCTS
41,572,680 347,865
ELECTRICAL MACHINERY AND EQUIP-
MENT
PREPARATIONS OF VEGETABLES,
FRUIT, NUTS OR OTHER PARTS OF
PLANTS
13,694,207 4,377,191
DAIRY PRODUCE. DIRDS’ EGGS. NAT-
URAL HONEY. EDIBLE PRODUCTS OF
ANIMAL ORIGIN
13,656,443 5,440,158
ALUMINIUM AND ARTICLES THEREOF
13,330,101 5,406,966
PLASTICS AND ARTICLES THEREOF
EDIBLE FRUIT AND NUTS PEEL OF
CITRUS FRUIT OR MELONS
5,973,247 9,218,422
ANIMALOR VEGETABLE FATSAND OILS.
THEIR CLEAVAGE PRODUCTS. PRE-
PARED EDIBLE FATS. ANIMALOR VEG-
ETABLEWAXES.
5,375,597 998,754
EDIBLE VEGETABLES AND CERTAIN
ROOTS AND TUBERS
ARTICLES OFAPPARELAND CLOTHING
ACCESSORIES, KNITTED OR
CROCHETED
4,457,711
18,159,288
16,323,696
5,285,610
3,749,009
10,892,073
2,503,715
102,801
