Trade with Greece
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of paramount importance. In order to better per-
form this role it will develop institutions for con-
sultation with stakeholders, conducting, at the
same time, studies designed to highlight possible
market failures and making proposals for dealing
with them” stated Mr. Stathakis.
4) NSRF
Priority is given to sectors distinguished for their
extroversion, innovation and high added value,
with special emphasis on the ecological dimension
of the plan as a whole. The Minister said that the
government has already decided, in cooperation
with the European Commission, on 8 priority sec-
tors: agri-food, life sciences, health, medicine;
information and communication technologies; envi-
ronment-sustainable growth; transportation; mate-
rials, construction; and tourism, culture, creative
industries.
The export map
The huge drop in international fuel prices, in con-
junction with last May’s planned shutdown of
Greek refineries, which affected the overall
growth of exports, also had an impact on the geo-
graphical distribution of Greek exports. However,
it is worth noting that in the previous year devel-
oped markets (OECD countries, EU, the euro
zone, the G7, and North America) performed bet-
ter than developing countries.
More specifically, total Greek exports to the EU-
28 registered a substantial increase (10.6%), ris-
ing to 53.3% of total exports (from 45.6% of the
total in 2014), mainly thanks to a 13.5% increase
in exports to euro zone countries, which absorbed
37.3% of total Greek exports (as compared to
31.1% in 2014). Excluding petroleum products,
the share of EU countries skyrocketed to 65%,
against a meagre 35% for Third Countries.
There was also a great increase in exports to
North America (+46.6%), to Other Countries of
the Americas (+128.5%) and African countries
(+18.7%). Smaller percentage increases can be
observed in exports to Other EU (non-euro) coun-
tries (4.3%), Middle Eastern and North African
countries (1%), and Oceania (5.2%).
In contrast, there was great drop in exports
recorded as stores and provisions of ships flying
either EU or Third Country flags (down by 90.9%
and 87.8% respectively), as well as in exports to
non-EU European countries (down by 33.8%).
