The newly signed EU-India free trade agreement offers a historic opportunity for European and Greek…
Tag: Greek exports
Greek exporters and farmers are set to gain new access to international markets while benefiting…
Greek Prime Minister Kyriakos Mitsotakis met with Singaporean Prime Minister Lawrence Wong on Thursday to…
Greek Prime Minister Kyriakos Mitsotakis met with Singapore’s Prime Minister Lawrence Wong to discuss strengthening bilateral ties, expanding cooperation in shipping and exports, and boosting investment flows between the two countries.
Greece is the honoured country at the Xinghuacun International Spirits Fair 2025 in China, showcasing its wines and spirits at one of the nation’s largest trade events. Greek Ambassador to China Dr. Evgenios Kalpyris highlighted the premium quality and growing global reputation of Greek food and beverage products, noting the opportunity to strengthen their presence in the Chinese market.
The Trump administration’s sweeping new tariffs of up to 50% are reshaping global trade. See how Australia and Greece are affected, sector by sector.
Greece is pushing to exempt key exports like olive oil and feta cheese from US tariffs under the EU-US trade agreement, while exploring new markets in India and the Middle East. The government aims to mitigate the impact of a 15% tariff rate and address intra-European market barriers.
US President Donald Trump’s 30% tariffs on European products, effective August 1, 2025, have alarmed Greek exporters. The Athens Chamber of Commerce warns of severe impacts on key sectors like olive oil and wine, urging government action and market diversification to counter losses.
In a groundbreaking virtual summit hosted by the Hellenic Australian Chamber of Commerce and Industry (HACCI), diplomats, business leaders, and industry experts explored the growing trade and investment opportunities between Greece and Australia. With over 53 participants, the event highlighted key sectors such as renewable energy, tourism, and maritime trade, while addressing challenges and incentives for bilateral growth.
Greece’s economy is set to continue outpacing the eurozone average, with the European Commission forecasting steady GDP growth of 2.3% in 2025 and 2.2% in 2026. Driven by strong consumption and EU-funded investment, the country also sees declining unemployment and falling public debt, despite global economic uncertainties.
At the 13th Regional Growth Conference in Patras, Chinese Ambassador to Greece Fang Qiu called for deeper economic ties between China and Greece, highlighting increased agricultural exports and tourism as key areas for collaboration. Emphasizing the success of the Piraeus Port partnership, he urged both nations to act as voices of reason and cooperation in global affairs, while reaffirming China’s openness to trade and investment.
Greek food exports are soaring in 2025, with yogurt, feta, and fish leading the charge. Accounting for nearly 25% of total exports, the food sector grew 13.8% in Q1, adding €273.2 million. Italy is the top buyer, as Greek dairy shines across Europe.
Greece is scrambling to protect its economy as Trump’s tariffs send shockwaves worldwide, with the Governmental Economic Policy Council meeting on April 7, 2025, to craft a defense strategy. While exports like feta and olive oil face direct pressure, a potential EU slowdown and global recession threaten tourism and trade, prompting Prime Minister Mitsotakis to prioritise national stability amid escalating tensions.
The new Trump tariffs threaten Greek exports to the U.S., putting over €440 million worth of iconic products like feta cheese, olive oil, and Kalamata olives at risk. As producers face potential losses and unsold stock, the Greek government is eyeing markets like India and China to offset the blow, while the EU braces for a shift in global trade dynamics.
Tags:
Greece-Australia relations, economic cooperation, pension fund investment, renewable energy, tourism, free trade agreement, Greek exports, direct flight, Athens Chamber of Commerce, investment opportunities
Excerpt:
Ioannis Bratakos of the Athens Chamber of Commerce and Australian Ambassador Alison Duncan discussed enhancing Greece-Australia economic ties, spotlighting a $3.5 billion pension fund to support Greek projects in renewable energy and tourism. They addressed barriers like the absence of a free trade agreement affecting Greek food exports and explored prospects for a direct Athens-Australia flight, alongside mutual investment opportunities.
Greek exports began 2025 with strong momentum, recording a 9.9% increase excluding petroleum products and a 2.2% rise overall. Key sectors like food, industrial products, and beverages saw significant growth, while energy and machinery exports declined. Despite the positive trend, rising imports widened the trade deficit, raising concerns about long-term sustainability. Experts emphasize the need for Greece to diversify its export markets, particularly beyond the EU, to maintain economic resilience and competitiveness.
Greek exports saw a 7.8% increase in December 2024, reaching €4.03 billion, compared to the same month in 2023. Exports excluding petroleum products rose by 16.2%, marking six consecutive months of growth. Despite a slight decline of 2.2% in total exports for 2024, the country’s export performance showed strong results in key sectors like food, chemicals, and raw materials.
The pharmaceutical sector in Greece has a strong financial footprint and is among the most…
Greek exports fell 12.2% in November, representing a decline of 7.5% in the 11 months…
Greek exports reached a new record high in 2022 – jumping by more than a…
Greek exports jumped 70.4% in August moving towards a new record for the year, Panhellenic…
Both Greek inflation and the Greek deficit jumped according to the latest figures from the…
Greek exports grew 47.2% in November, but a 63.3% jump in imports during the same…
Greek olive oil exports have increased to a spectacular 225% announced SEVITEL (the Association of…
Greek exports recorded a new historic record in 2019 according to an announcement by the…
Greece will enjoy a new trade arrangement with Vietnam which will see the removal of…
A new study has shown that Greek exports will exceed 35 billion euros in value…
Large amounts of Greek apples will soon be available across India after the Indian Ministry…
A survey presented in Thessaloniki on Wednesday by Margarita Katsimi, a professor at the Economics…
Greece’s Agricultural Development & Foods Ministry announced on Wednesday that the US will not impose…
