International Trade in Greece

International Trade in Greece

Although the crisis hit Greece later than its European neighbors, it nevertheless plunged the country into a deep recession. Greece had to be saved from bankrupcy by the International Monetary Fund (IMF) and the European Commission (EC), however the budgetary restriction measures adopted... Read more

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Market Analyses About Greece (241)

Import and Export Services in Greece (647)

  • GREEK COMPANIES ONLINE

    GREEK COMPANIES ONLINE

    B2B Marketing, Greece

    Do you want to trade with Greece?  Are you looking for food products made in Greece. For more than 22 years we have successfully...
  • fooditerranean

    fooditerranean

    Business Development, Greece

    Fooditerranean is about promoting and branding quality Greek food products made by small and medium-sized Greek producers. We design and...

Business Tips About Greece (26)

Agents and Distributors in Greece (66)

  • Exportgate

    Exportgate

    Trade Finance, Greece

    The new innovative business to business Web Portal, Exportgate.gr, enables networking among its members and provides users with access to...
  • GLOBAL GREECE

    GLOBAL GREECE

    Export Management, Greece

     Global Greece - International Business Projects, is private company in Greece that specialises in International Trade Support &...

Overview About International Trade in Greece

Main Industry Sectors

Traditionally, the Greek economy is based on agriculture. The sector represents 3% of the GDP and employs around 12% of the active population. The main crops are tobacco (largest European producer) and cotton (fifth largest exporter in the world). Greece also has a significant ovine livestock. A large fishing industry is found in coastal regions and the merchant navy represents 10% of the GDP.

Thanks to the economic diversification led by the country, industry has replaced agriculture as a second source of income, behind services, and accounts for around 20% of the GDP. The main sectors are: electronic goos, transport materials, clothing and construction. More specifically, Greece is the largest European shipowner.

Growth in the tertiary sector is booming. It accounts for nearly three-fourths of the GDP. Tourism provides a vital source of income and alone contributes 11% of the GDP. Marine fishing represents 10% of the GDP.

 

Economic Overview

Although the crisis hit Greece later than its European neighbors, it nevertheless plunged the country into a deep recession. Greece had to be saved from bankrupcy by the International Monetary Fund (IMF) and the European Comm...

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