Greek Exports to Third Countries Rise 5.2% in March‏

Greek Exports to Third Countries Rise 5.2% in March‏

Greek exports to third, or non-EU, countries grew by 5.2% in March and fell by 2.7% to the EU, the Athens News Agency-Macedonian Press Agency reported.
Excluding oil products, however, Greek exports fell both to European countries - by 4.2% - and to third countries - by 9.2%, the news agency reported, quoting the Panhellenic Exporters Association.
Exports to third countries accounted for 53.4% of total exports, while excluding oil products third countries’ share fell to 33.9%.
An increase in exports reflected increased activity in the oil products sector, chemicals, machinery, various industrial and confidential products. On the other hand, exports in the sectors of food, beverage/tobacco, raw materials, olive oil and industrial products dropped.
The European Commission expects a 4.6% increase in Greek exports this year, while the OECD projects a 6.6% rise in exports in 2014.

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