Greek exports mildly declined in May 2025

Small bending was recorded in Greek export In May 2025 in the midst of international war dictatorialaccording to the provisional data announced today, 08.07.2025, the Hellenic Statistical Authority and processed the SEBE’s IAS.

In particular, The total value of exports of goods amounted to EUR 4,177.4 billion in May 2025 (ie the second month of the “Trump” era), compared to EUR 4,231.4 billion in May 2024, down 54.0 million euros or 1.3%. At the same time, a significant decline was recorded in imports, which amounted to EUR 6,469 billion in May 2025, from EUR 7,581.4 billion in 2024, recording a drop of EUR 1,112.2 billion or 14.7%. As a result, the commercial balance deficit showed a significant improvement, standing at -2,291.8 billion euros compared to -3,350.0 billion euros in May 2024, with a total reduction of EUR 1,058.2 billion or 31.6%.

On the other hand, for “Return of exports to an upward trend after the previous month’s break” as the Greek exports – Without petroleum oils- they record an ongoing increase from the beginning of the year, the Panhellenic Exporter Association speaks.

In January 2025 there was 9.9%increase, February 5.8%, March 6.7%, April -2.7%and May 9.1%, compared to the corresponding month last month, “said the President of the Panhellenic Exporters Association, Alkiviadis Kalambokis Kalambokis Kalambokis Kalambokis elements of EL-STAT.

He added: “The limited, but still large, reduction in exports of petroleum-cafes (-24.6%) led to this particular product category and again to the top of exported products.

The trade balance for May closed with a positive sign (4.7%), despite the highest increase in exports (9.1%) than imports (7.2%).

In the first five months of 2025, for Greek exports, without petroleum, it closes with a positive sign (5.8%) and in line with the lower increase in imports (3.4%) our commercial deficit was at the same levels (0.3%).

The only sure thing is that the year of 2025 is a particularly interesting year, during which our exports show durability and we expect performance for the rest of the year, taking into account the new geopolitical-economic landscape, as well as the expected US government’s final decision. “

The resolution of KEEM – PSE

According to an analysis by the Panhellenic Exporters Association and the Center for Export Research and Studies (KEMMs) on EL -STAT Temporary data, exports were slightly reduced, in May 2025, as they were reduced by only EUR 54 million or -1.3% to € 4,18%. Petroleum, we have a significant increase (9.1%), resulting in exports reaching € 3.23 billion from € 2.96 billion, ie by € 268.4 million.

Imports shrunk in May 2025 (-14.7% or 1.1 billion euros) and reached only € 6.47 billion versus € 7.58 billion in the same month of 2024. Except for petroleum, imports of goods stood at EUR 5.56 billion from EUR 5.19 7.2%.

As a result of the above moves, the trade deficit was dramatically reduced by EUR 1.1 billion or -31.6%to EUR 2.29 billion from EUR 3.35 billion in 2024. Without petroleum, there was a slight increase in the trade deficit, by € 104.4 million.

In terms of exports a total of January -May declined by -4.3% and reached EUR 20.16 billion from € 21.06 billion, that is, by € 901.8 million, compared to the corresponding period of 2024.

Without petroleum, exports for the first five months of 2025 stood at € 15.67 billion from € 14.81 billion, ie € 856.7 million or 5.8%.

Imports (including petroleum) in the January -May 2025 period declined, as they were reduced by EUR 1.90 billion or -5.3%, with their total value being EUR 33.56 billion compared to EUR 35.46 billion during the equivalent period of 2024. Excluded oils, 26 billion in 26 billion. billion euros from € 26.08 billion, ie € 887.7 million or 3.4%.

As a result of the above, the trade deficit in the first five months of 2025 decreased by -6.9%to € 13.41 billion from € 14.40 billion in the first five months of 2024. Without petroleum, the commercial deficit remained practically stationary (0.3%) and reached 11.30 billion euros.

The course of exports by geographical area

Regarding the course of exports by geographical areas in May 2025, there is an increase in missions to EU countries (2.6%) and a decrease to third countries (-6.1%). However, when the oil is excluded, the image changes, exports to EU countries record a significant increase (8.9%), as well as exports to third countries, slightly higher (9.3%), compared to the corresponding Persian month.

Regarding the percentage of exports directed to the markets of EU member states, including petroleum, this increased by approximately 2 points and reached 57.8% versus 55.6% compared to the corresponding month in 2024. Conversely, the image recorded for the percentage of exports to Tuesdays. 44.4%. Without petroleum, the share of exports to EU countries stands at 67.2% and third countries at 32.8%.

Looking at the distribution of exports for the period January-May 2025, it is found that the total value of exports, including petroleum products, was at the same level to EU countries (-0.3%) while third countries fell by -9.2%. Without petroleum, exports increase both to EU countries (6%) and to third countries (5.4%).

The course per branch

Regarding large product categories, in May 2025 there are increasing trends in 8 of the 10 main products.

Specifically, percentage rise is recorded in all categories with the only exceptions of petroleum-curses (-24.6%) and low-value exports Confidential Products (-79.1%).

On the contrary, the exports of class, food (12.7%), industrial (11.8%), chemicals (13%), machinery (9.8%), various industrial (22.6%), raw materials (4.6%), drinks and tobacco (24.5%) and oil (19.8%) (19.8%) are significantly increased.

Looking at the five months of January-May 2025, exports of only 2 from the 10 major product categories: Petroleum-Curriculum (-24.9%) and the low-value export of confidential products by -79.5%again decline.

At the same time, however, there are increased foods (11.5%), industrial (9.2%), chemicals (3.2%), machinery (2.7%), various industrial (6.6%), raw materials (1.3%), drinks & tobacco (13%) and oils (4.8%), compared to the first half.

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