South Korea (from €199.7 million to €281.1 million, or
40.8%), Indonesia (from €61.1 million to €100.5 mil-
lion, or 64.6%), and Taiwan (from €15.5 million to
€42.2 million, or 171%).
The chronically low-value exports to the region of
Latin America suffered a huge drop of 47.3% (to
€79.6 million from €150.9 million), which is due to the
dramatic contraction of exports to Brazil (to €39.7 mil-
lion from €123.6 million). On the other hand, it is
worth noting the substantial increase of exports to
Panama (to €18.5 million from €7.6 million).
Exports to China fell by a steep 33.4%, to €278.5
million from €418 million, while exports to India
registered an increase (of 18%), to €55 million
from €46.6 million.
Performance by main product
categories
Based on provisional data for the year 2014,
exports fell in four out of five main product cate-
gories, the only exception being the exports of
“industrial products”, which account for 38.4% of
total Greek exports and increased by 4.1% (to
€10,342.9 million from €9,932.7 million).
The decreases in the exports of the other four
main product categories are as follows: “agricul-
tural products” were down by 3.8% (to €4,590 mil-
lion from €4,769.7 million), “raw materials” by
8.9% (to €1,031.7 million from €1,132.1 million),
“fuels” by 4.9% (to €10,363 million from
€10,891.4 million), and “commodities and trans-
actions not classified by category” were down by
3% (to €572.6 million from €590 million).
Trade with Greece
91
”
“
The 1.5% year-on-year
drop of exports in 2014, to
€
26,600.2 million from
€
27,316 million in 2013, is
the result of fluctuations in
the volume of exports.
