With the… left in 2016 for export: Returned to 2012 levels

“Dive”, with the 8.3% achieved by the total value of exports… in January of this year as it continued to receive strong pressures from the volatility and uncertainty around the Greek economy.
According to the analysis of the data of ELSTAT, the Hellenic Exporters Association, the value of exports reached eur 1.7 billion. euro, when last year’s corresponding month was of the order of 1,87 billion. euro.
In accordance with the announcement of the MAI, the decrease came mainly from the reduction of exports to Third Countries (-18,5%), while the total exports to the eu countries.E. declined marginally (-0,8%). With the exception of petroleum products, exports outside the eu.E. decreased by 12.6%, while remained substantially unchanged to the member-states of the Union (+0,1%). The result was to skyrocket in the rate of Greek exports to absorb the countries of the EU, the 62,4%, compared to 37,6% to Third Countries.
At the level of sectors, the best performance compared to last year showed only the sectors of food (+5,7%), beverages/tobacco (+22,1%) and chemical products (+1,8%), while in contrast, exports of confidential products decreased by 31,2%, exports of oil products by 20.2% and exports of raw materials by 16.8%. Smaller was the pressure on the sectors of olive oil (-1,3%) -after the explosive increase in 2015 – and the machinery (of -1.5%). Characteristics it is stated that in January 2016, in absolute numbers total value of exports, it was noted the worst performance, after 2012.