Exports fell by 4.9% to €35.58 billion, while imports declined by 4.5% to €58.90 billion. As a result, the trade deficit stood at €23.32 billion, marking a 3.8% decrease. According to the Hellenic Exporters Association (PSE), the top five destinations for Greek exports remain unchanged compared with the first nine months of 2024: Italy, Germany, Cyprus, Bulgaria, and the United States.
However, country-by-country shifts reveal notable changes in dynamics:
Italy: remains the top destination but with a sharp decline of -15.8%
Germany: 2nd place, with a strong increase of +6.7%
Cyprus: 3rd place, with a mild drop of -2%
Bulgaria: 4th place, with growth of +4.1%
USA: 5th place, with a slight rise of +1.7%
Additional movements:
- Romania: now 6th (from 7th) due to +18.1%
- United Kingdom: 7th (from 6th) with -2%
- Spain: 8th (from 9th)
- France: 9th (from 10th) with +6.4%
- Netherlands: 10th (from 15th), demonstrating strong upward momentum
- According to PSE data, three markets recorded particularly impressive gains:
- China: 22nd (from 29th) with +44.3%
- Denmark: 25th (from 39th) with a surge of +74.1%
- Japan: 32nd (from 43rd) with +38.7%
- Conversely, significant declines were observed in:
- Saudi Arabia: 37th (from 26th) with -41.3%
- Slovenia: 43rd (from 23rd) with -63.1%
- South Korea: 48th (from 25th) with -65.7%
Overall, exports to nearly all economic blocs declined, with the exception of the BRICS region, which posted a 23% increase and accounted for 1.9% of total exports.
Sectors That Held Up – Sectors That Declined
The overall 4.9% drop in exports is mainly attributed to downward trends across most categories, with the exception of:
Industrial products: +1.8%
Agricultural products: +9.2%
Top 10 Exported Products of 2025
The top ten remain unchanged from 2024:
- Petroleum products: -25.6%
- Pharmaceuticals: -7.6%
- Aluminium sheets: +16.8%
- Feta and Kefalotyri cheese: +9%
- Electricity: +3.3%
- Virgin olive oil: +6.1%
- Fish: +13.8%
- Vegetables: +8.1%
- Pipes: +9.2%
- Petroleum asphalt: +16.7%
