Trade with Greece 2015 - page 91

€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 million).
Exports to Serbia and Montenegro remained
almost unchanged (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).
As far as the Commonwealth of Independent
States (CIS) is concerned, Greek exports were
slightly reduced by 1.3% (from €842.8 million to
€831.5 million). Thus reduction resulted from the
contraction of exports to the number-one buyer of
Greek products in the region, i.e. Russia (by
12.1%, from €406 million to €356.9 million), as
well as exports to Georgia (by 14.8%, from
€153.4 million to €130.7 million) that, in absolute
terms, more than offset the substantial growth of
exports to Moldova, which were almost doubled
(from €45.9 million to €90.3 million) and the
tripling of exports to Azerbaijan (from €8.5 million
to €24.2 million). Finally, exports to Ukraine, the
second-largest buyer of Greek products in the
region, remained effectively stagnant at €188.7
million, while the fluctuations of exports to the
other countries of the Commonwealth of
Independent States, which account for very low
volumes, have no material effect on Greece’s
export performance in the region under review.
In 2014, exports to the region of North Africa & the
Middle East registered a slight decrease (1.6%),
from €3,807.1 million to €3,747.9 million. This out-
come is due to many major fluctuations in the
export data concerning this region.
The most remarkable export performance con-
cerns Saudi Arabia, where exports almost dou-
bled (from €403.5 million to €785.2 million), mak-
ing this country the number-one buyer of Greek
products in the region, as well as Tunisia (up from
€78.2 million to €272.1 million, or 248%). There
have also been major increases in the exports to
Egypt (by 27.3%, from €593.5 million to €755.6
million), the second largest buyer of Greek prod-
ucts in the region, as well as to Lebanon (by
23.2%, from €497.7 million to €613.4 million).
Trade with Greece
89
Greek exports to EU
countries as a percentage
of the total rose to 57.5%.
Excluding petroleum
products, this percentage
jumps to 68.8%.
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