SEBE: Increase in exports and improvement of a trade balance

Subtle increase recorded in export In February 2025, according to the provisional data announced today (7.4.2025) by the Greek Statistical Authority (ELSTAT) and processed the SEBE’s sanctuaries.

Specifically, according to ELSTAT temporary data, the total value of exports was EUR 4,042.8 million, compared to EUR 4,038.5 million in February 2024, with an increase of EUR 4.3 million, or 0.1%. On the contrary, imports were reduced, which declined by 7.7%, up to EUR 6,479.6 million in February 2025, compared to EUR 7,021.3 million in February 2024.

When excluding petroleum oils, differences are observed. In particular, the increase in exports is now up to EUR 169.7 million, or 5.8%, with their value being EUR 3,101.3 million in February 2025, from EUR 2,931.6 million in February 2024. Imports decreased by EUR 138.1 million or 2.6%, with a reduction of EUR 138.1 million or 2.6%, by € 2.6 million, with a decrease of EUR 138.1 million or 2.6%. EUR 5.214.4 million in February 2024 at EUR 5,076.3 million in 2025. As a result, the trade balance appeared improved by EUR 307.8 million, reaching -1,975.0 million euros for February 2025.

Concerning the period January – February 2025, exports amounted to EUR 8,179.0 million, increased by EUR 131.9 million, or 1.6% compared to the same period of 2024. Imports, on the other hand, decreased by EUR 180.4 million or 1.3%, reaching EUR 13.49.39.3 million. The above changes have resulted in the improvement of the trade balance by EUR 312.3 million, with a percentage increase of 5.6%.

Excluding petroleum products, exports reached EUR 6,060.5 million (improved by EUR 439.9 million), imports EUR 10,210.8 million (increased by EUR 329.7 million) and the trade deficit stood at EUR 4,150.3 million (improved by 2.6%).

At a sectoral level, the food industry has increased the highest increase at absolute prices, up € 177.1 million (+13.9%), confirming steady growth of the sector.

Correspondingly, the beverage industry recorded the highest percentage increase, with € 30.3 million (+14.3%), indicating the dynamics of the industry in international markets. Industrial products were also positive, up 76.9 million euros (+6.8%), as well as the various industrial products, which increased by EUR 47.3 million (+8.7%), indicating a steady demand in these sectors.

A slight increase was also recorded in the raw material industry, up € 3.8 million (+1.4%). On the contrary, the petroleum industry had the highest negative contribution to the overall export course, a decrease of 149.4 million euros (-5.8%), which reflects either the reduction in international prices or the lowest demand for Greek products in the industry.

Chemical products also have a negative course, dropping EUR 29.2 million (-2.8%), and paint machines, which decreased by EUR 18.2 million (-2.4%), which may be attributed either to the slowdown in industrial activity or to reduced investment in equipment. Finally, the fat and oil industry has slightly declined by EUR 2.7 million (-1.3%).

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