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Athens News Agency: News in English, 07-01-04

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From: The Athens News Agency at <>


  • [01] Exports up 19.4% in value over Jan-Oct, yr/yr

  • [01] Exports up 19.4% in value over Jan-Oct, yr/yr

    The value of Greek exports grew by 19.4 percent over the January-October 2006 period, compared with the same period in 2005, totalling 13.579 billion euros, up from 11.377 billion euros in 2005, the Hellenic Export Promotion Organisation (HEPO) announced on Thursday.

    HEPO, in a report, said exports rose by 2.2 billion euros in the 10-month period of 2006, of which 827 million were exports of oil products, 330 million in foods and beverages and 476 million euros were exports of industrial products.

    The report attributed an 11.6-pct increase in the country's trade deficit in the January-October 2006 period to higher payments for oil imports. Excluding oil, the deficit rose by 8.5 pct over the same period.

    Exports to other EU countries grew 20 percent to 7.328 billion euros, accounting for 53.96 percent of total exports, with Germany the top export destination of Greek products, leaving behind Italy (the top export destination until September). Exports to Romania soared by 46.8 pct; by 31.6 pct to Bulgaria, .

    Exports to third countries totalled 6.25 billion euros, up 18.6 pct from the same period in 2005, accounting for 46.04 pct of total exports. Exports to China jumped 65.79 pct to 108.8 million euros. Exports to Japan jumped 60.8 pct, reflecting increased exports of fish (23.7 pct) and fruits (7.5 pct).

    HEPO noted a significant increase in the export activity of copper (94 pct), heating and cooling systems (76.7 pct), iron-steel pipes (62.5 pct), electricity equipment (71.5 pct), cotton (46.3 pct) and fresh fruit, vegetables, frozen food products (38 pct).

    Caption: An aerial photo shows the port of Piraeus, Greece's largest. ANA-MPA photo / G. Christakis.

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