New record for Greek exports, up to 28.8 bln in 2017

Pan-Hellenic Exporters'Association,exports increased by 13,5pc

08 February, 10:40

    ATHENS - The year 2017 ended with a new historical record for Greek exports, confirming the estimates of the Pan-Hellenic Exporters' Association. Despite the unfavorable conditions that prevailed mainly in the first half of the year, Greek exporters managed to stand out with their performance, supporting, in practice, the national economy and the country's efforts to return to a sustainable development path.

    According to a study of the Pan-Hellenic Exporters' Association (PEA) and the Center for Export Research and Studies (KEEM), on the interim data of ELSTAT, exports, including petroleum products, in the whole of 2017, i.e. in January-December 2017, increased by 13,2% to 28.83 billion from 25.46 billion in the corresponding period in 2016.

    The previous record of extroversion was in 2012, when the total value of Greek exports had reached 27.34 billion euros.

    There was another new record of Greek exports, excluding oil prices. In particular, the value of exports - oil products excluded - in the whole of 2017 was up 7.1% or 1.32 billion and reached 19.98 billion euros from 18.65 billion euros. The previous record of extroversion without oil was in 2017 when their total value was set at 18.36 billion euros.

    According to Ibna press agency, commenting on the findings of the analysis, the President of the Panhellenic Association of Exporters Christina Sakellaridi said: ''Through their performance, Greek exporters managed to hold the country's flag high up, against an adverse environment, with the uncertainty about the country's future - mainly in the first half of the year - and a number of obstacles such as capital controls and high taxation in particular, that undermined the efforts of Greek businesses, present at all times.'' (ANSAmed) .

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