Unveiling Greece’s Export Potential: A Journey Through Key Sectors and Emerging Opportunities

Due to Greece’s central location between three continents, its export market is a valuable industry with wide-ranging possibilities.

In the modern globalized world , the size of a country’s exports can determine their place in the global economy. In the past decade, Greece has gone from its well-publicized debt crisis to being one of the best-performing economies in Europe. This article will focus on the specific of its fast-growing export market, identifying its key sectors.

1, Agriculture: Agricultural exports account for around one third of all total exports in Greece, and make up roughly 4% of its Gross Domestic Product. Its beautiful mediterranean climate allows for the growing of food and products, such as olives, cheeses, and meat products that are wanted all around the world.

2, Fuel and Oil: Greece’s central location between Europe, Asia, and Africa has allowed it to be a key exporter of petroleum oil and other natural gasses. Some Greece’s primary exporters of petroleum are to Lebanon, Turkey, Italy, and South Korea, showing Greece’s interlocking power.

3, Pharmaceuticals: According to the International Trade Administration, the pharmaceutical industry in Greece is forecast to grow over 30% by 2027. Currently pharmaceutical exports make up nearly $6 billion, however, as this industry grows domestically so will its exports.

In 2023, Greece saw a slight decline in exports compared to 2022, from$55 billion to $53 billion, in part to global economic uncertainty and restriction on oil sales. But Greece remains one of the promising economies in Europe. With our superior supply-chain knowledge, logistical experience, and shipping connection, Mail Boxes Etc. is best positioned to help anyone looking to become a leader in Greece's exporting market.


(Photo: Unsplash)

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