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Athens Macedonian News Agency: News in English, 14-05-12

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] Greek exports to third countries up 5.2 pct in March‏

  • [01] Greek exports to third countries up 5.2 pct in March‏

    Greek exports to third, or non-EU, countries rose by 5.2 pct in March and fell by 2.7 pct to the EU. Excluding oil products, however, Greek exports fell both to European countries (-4.2 pct) and to third countries (-9.2 pct), the Panhellenic Exporters Association said on Thursday.

    In an analysis of official data on Greek exports and imports, the association said that exports to third countries accounted for 53.4 pct of total exports, while excluding oil products third countries' share fell to 33.9 pct.

    An increase in exports reflected increased activity in the oil products sector (16.5 pct), chemicals (8.8 pct), machinery (1.2 pct), various industrial (0.5 pct) and confidential products (84.6 pct). On the other hand, exports in the sectors of food (-2.2 pct), beverage/tobacco (-9.5 pct), raw materials (-1.9 pct), olive oil (-63.8 pct) and industrial products (-8.3 pct) moved lower.

    Christina Sakellaridi, president of the Association, commenting on the March export figures and said that "their recovery was another positive message to the country's real economy". The European Commission, in its latest report, estimated a 4.6 pct increase in Greek exports this year, while the OECD forecasts a 6.6 pct rise in exports in 2014.


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