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Rising Greek Exports Give a Reason to Smile Again

According to the latest research published by the Panhellenic Exporters Association (PSE) and the Exports Research Centre (KEEM), Greek exports remain a lucrative sector, despite the ominous financial situation of the country. PSE announced the 100 top exported products and the 100 top export destinations for the first quarter of the ongoing year giving some reasons for optimism.
Greek cotton, power and fuels (34.6%), mechanical equipment, as well as jewelry and gold are highly famous in the international market. Compared to last year’s respective statistics, there are 1515 new export products mainly related to mechanical equipment, manufacturing raw material (12.15%), jewels and valuable metals, such as gold and additionally household products, food-beverages (11.03%) and cosmetics (4%).
Top export destinations are African countries (mostly in the Northern part), North America, India and China which exhibit a strong potential absorbing Greek products in a large scale thus outweighing the export losses in the European countries.
The countries which buy the Greek exported products are Italy (1st) and Germany (3rd) after ship imports. Greek exports present a remarkable increase in Saudi Arabia, China and Israel.
Of the top 100 export destinations 11 new entries are recorded: Ghana, Ivory Coast, Benin, Malaysia, Chile, Vietnam, Peru, Sri Lanka, Mauritania, Oman and Colombia.
Find out detailed statistical data at: www.pse.gr

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