The 18 products that have kept Greek exports afloat
A basket of 18 products has kept Greek exports afloat since the outbreak of the financial crisis, posting an increase of 71 percent in turnover abroad from 2009 to 2017, compared to just 25 percent for other exports (fuel excluded).
According to a study compiled by National Bank of Greece's Economic Analysis Department, it is those dynamic products that supported the local economy during that time and account for 30 percent of all Greek exports. They are split into two categories.
The first category comprises basic commodities, which account for 27 percent of Greek exports. They have secured significant shares of international markets, and include aluminium (1.5 percent of the global market), marble (7.5 percent), olive oil (8 percent), olives (26 percent) and feta cheese (3 percent).
The second category consists of up-and-coming goods that may only account for 3...
- Log in to post comments