Trade with Greece
86
(from €7,943 million to €7,989.8 million) of
imports to the EU-15, which absorbed 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 reg-
istered a marginal drop of 0.6% (from €1.771 mil-
lion to €1,761 million) and exports to the United
Kingdom also fell by 1.9% (from €984.7 million to
€965.5 million). Exports to Spain registered a
15.8% increase (from €576 million to €666.8 mil-
lion), exports to France remained more or less
level (from €641.1 million to €641 million), 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 remain-
ing 3 registered decreases during 2014. More
specifically, in terms of export volume Belgium
registered a substantial 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 million), 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 million), 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 volume 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).
