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Exports close to €50 billion euros in 2024 | TheGreekDeal.com
GREEK ECONOMY
Exports close to €50 billion euros in 2024
Exports increased in December 2024, as they expanded by 292.4 million euros, or 7.8%, to 4.03 billion euros compared to 3.74 billion euros in the same month of 2023.
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Exports increased in December 2024, as they expanded by 292.4 million euros, or 7.8%, to 4.03 billion euros compared to 3.74 billion euros in the same month of 2023.

In fact, excluding petroleum products, an increase (16.2%) is shown for the sixth consecutive month, resulting in exports reaching 3.01 billion euros from 2.59 billion euros, an increase of 418.4 million euros.

This is according to an analysis by the Panhellenic Exporters Association and the Centre for Export Research and Studies (CEEM), on provisional data from ELSTAT.

Overall, for the period January-December, the data shows that exports fell by just -2.2% and reached 49.90 billion euros from 51.02 billion euros, down by 1.12 billion euros, compared to the corresponding period of 2023.

Excluding petroleum products, exports for the twelve months of 2024 with the continuous increase of the last six months amounted to 36.09 billion euros from 35.27 billion euros, i.e., slightly increased by 819.8 million euros or 2.3%.

The president of the Panhellenic Exporters Association (PEA), Alkiviadis Kalabokis, said, "The last month of the year ended on a positive note. Exports recorded, for the sixth consecutive month, a rally but failed to compensate for the decline of the first half of the year. Our exports, for 2024, narrowly missed the €50 billion mark, compared to the €51 billion of 2023. A decisive role in the final shaping of the level of exports was played by the fall in petroleum products—fuels and oils.

The continuous efforts of Greek exporters, in the difficult conditions prevailing in 2024, the war in Israel and Ukraine, economic instability in strong EU countries, and increased energy costs led to an ultimately balanced result. 2025, a year filled with challenges and the apparent threat of US tariffs, necessitates the unification of all parties involved, including the government, stakeholders, and exporters, to reverse the trend, demonstrating Greece's resilience in pursuing exports and broader growth.

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