What are Greece’s main exports and imports?

What are Greece’s major exports?

Greece main exports are petroleum products (29 percent of the total exports), aluminium (5 percent), medicament (4 percent), fruits and nuts, fresh or dried (3 percent), vegetables, prepared or preserved (2 percent) and fish, fresh or frozen (2 percent).

What are Greece’s major imports?

Greece main imports are crude oil (15 percent of total imports), ships, boats and floating structures (6 percent), petroleum products (6 percent), medicament (5 percent), motor vehicles (2 percent) and natural gas (2 percent).

What food does Greece import and export?

Main categories of exported products are fruits, vegetables and olive oil while main imports include meat and dairy products. Organic farming has grown dramatically over the last years constituting an important priority in the sustainable development of the sector in Greece.

What is Greece’s biggest food export?

Topping the list of products exported are vegetables, fruits, olive oil, dairy products, fresh seafood, canned fruits, olives, raisins, wine, and tomato products. More recently, Greek food and beverage companies are rapidly penetrating higher-growth markets such as the US, China, Russia and Western Europe.

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What is the main industry in Greece?

Greece’s main industries are tourism, shipping, industrial products, food and tobacco processing, textiles, chemicals, metal products, mining and petroleum. Greece’s GDP growth has also, as an average, since the early 1990s been higher than the EU average.

Where does Greece import?

Greece trade balance, exports and imports by country

In 2019, Greece major trading partner countries for exports were Italy, Germany, Turkey, Cyprus and Bulgaria and for imports they were Germany, Iraq, Italy, Russian Federation and China.

Does Greece export or import more?

Greece Economy Overview

A GDP of $218 billion makes Greece the 50th largest economy in the world. However, with imports exceeding exports, the country runs a negative trade balance of -$24.8 billion. Annual imports are $63.5 billion while exports are $38.7 billion.

What are Greece’s resources?

The key resources available in Greece include iron ore, lignite, zinc, lead, bauxite, petroleum and magnesite. In 2010, Greece was the world’s fourth largest producer of pumice and a leading producer of perlite.

What is Greece known for producing?

There corn (maize), wheat, barley, sugar beets, peaches, tomatoes, cotton (of which Greece is the only EU producer), and tobacco are grown.

Does Greece import lemons?

However, this country imports hundreds of tons of fresh goods every year, including fruit and vegetables that are easy to grow here such as oranges, lemons, apples and potatoes, as well as basic meats and tons of fish from all corners of the world.

What is the currency of Greece?

The drachma was divided into 100 lepta. In 2002 the drachma ceased to be legal tender after the euro, the monetary unit of the European Union, became Greece’s sole currency.

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What are Greece trade agreements?

Greece has been a World Trade Organization (WTO) member since 1 January 1995 and a signatory to the General Agreement on Tariffs and Trade (GATT) since 1 March 1950. Greece has also been a party to the Agreement on Government Procurement (GPA), a plurilateral agreement included in Annex 4 of the WTO Agreement.

What does Athens export?

Greece Exports And Import

Rank Exports Product Value
1 Refined Petroleum $10.5B
2 Packaged Medicaments $1.24B
3 Aluminium Plating $705M
4 Non-fillet Fresh Fish $548M

What crops did they grow in Greece?

The most common food products in Greece were wheat, barley, olives and grapevines. Greeks didn’t make much bread from wheat, but they did make baked goods called barley cakes. They also made gruel, a sort of cereal made from barley. Broad beans, chickpeas and lentils were grown.

What did ancient Greece import and export?

The most important trade exports were wine and olives, while cereals, spices, & precious metals Were Imported. Fine Greek pottery was also in great demand abroad and examples have been found as far afield as the Atlantic coast of Africa.