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Greece
| Economy Overview |
| The Hellenic Republic (the official name of Greece) is a European country on the Mediterranean Sea. Located in the southeast of Europe, on the southern end of the Balkan Peninsula, Greece is composed of both mainland territory and more than 6000 islands, 227 of which are inhabited. As a member of the European Union, customs procedures and market access conditions are not very different from those of the other EU countries and the local currency is the euro. The country is a market of 11 million people. Like most of the population, most economic activity is in the area around the capital Athens. Although agriculture is only about 3.6% of GDP, it employs 12.5% of the population. And Greece is famous worldwide for its olives and wine. Manufacturing, high tech, construction, and sectors related to natural resources are well developed. And services are the most dynamic economic sectors of the country’s economy.
Greece is in the headlines these days because of its huge deficit and an overwh |
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| Economy Statistics |
| Exports: |
$15.5 billion f.o.b. [?]
This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Export Commodities: |
food and beverages, manufactured goods, petroleum products, chemicals, textiles [?]
This entry provides a rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
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Export Partners: |
Germany 13.2%, Italy 10.3%, UK 7.5%, Bulgaria 6.3%, US 5.3%, Cyprus 4.6%, Turkey 4.5%, France 4.2% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Imports: |
$54.28 billion f.o.b. [?]
This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Import Commodities: |
machinery, transport equipment, fuels, chemicals [?]
This entry provides a rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
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Import Partners: |
Germany 13.3%, Italy 12.8%, France 6.4%, Netherlands 5.5%, Russia 5.5%, US 4.4%, UK 4.2%, South Korea 4.1% (2004) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| American-Hellenic Chamber of Commerce |
| Address: |
Politia Business Center
109-111 Messoghion Avenue
115 26 Athens |
| Phone: |
+30 210 699 3559 |
| Fax: |
+30 210 698 5686 |
| Website: |
http://www.amcham.gr/ |
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