Greek Exports Boomed In 2012



743f420ee77989401314a1741cbb74fb_XLPartially offsetting dire news for the rest of the economy, Greek exports took off in 2012,giving the country the distinction of the biggest growth in the area, climbing two places in the 27 countries of the European Union as its commodities continue to be prized.

According Eurostat, the European Statistical Service, Greek exports rose by 17% from 2011 to 2012.  Dimitris Lakasas, President of SEVE, the  trade association of Northern Greek exporters, welcomed the results and stated that Greece should look at the example of countries such as Estonia and Slovakia who are big exporters in an economy while relies on that sector. At the same imports rose by 7% making the trade deficit  fall 4.5 percent.

Greek exports are rising faster than the European average but are still lacking in volume. Exports are almost 35% of European GDP on average but only 13.8% in Greece, following a rise of 2.5% from 2011. European imports in average fell dramatically from 2011 to 2012, from 17.8% of GDP. The EU is the single largest recipient of Greek products and services, receiving almost half of Greek exports.

 


9 COMMENTS

  1. This is great news. If the Greek governments had half a brain, they would push the EU in subsidizing industry to come to Greece instead of endless handouts. Exporting is what will change everything.

  2. Spyros. What are they exporting exactly? Feta cheese & kalamata olives?

    That will surely repay the billions Samaras & his butt buddies pocketed

  3. Still troling Skopian? I thank you for using variations of the handle “kosta’. It makes it much easier to spot you.

    I also love how you support Greek leftists on Greek Reporter., We both know Greek obsessed Skopians like you support ultra right Gruevski in your own country.

    I also thank you for your attacks against Samaras. it only strengthen support for samaras among any Greek patriots here. Keep up the good work.

  4. Oh shut up idiot. Now post under Alithia. Oh wait, you have. Now, continue exporting useless animal noises for 2€

  5. Hear that Alithia? The Skopian troll is so confused and paranoid by now he thinks I’m you.

    You are so smartz Skopian. Keep up the brilliant detective work. Maybe one day you’ll put your hate aside long enough to bother to discover you are not “ethnic” Macedonian but an ethnic Bulgarian.

  6. In the 1990s,Macedonians speak a language codified in 1946,spoken by less than two million people, and with a very slender literature. They are members of an Orthodox Church whose authority was established by a socialist political regime in 1968.They are heirs to a 1903 revolution that until the 1940s was described by almost all sources as being BUGARIAN.

    “The history of the Balkan Peninsula” Ferdinand Schevill page 432

  7. What’s bad about exporting feta cheese or kalamata olives? High quality agriculture products are already being exported in countries like Belgium and they enjoy high demand. Of course it would be better if we could export high technology products and services.

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