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December Exports in Greece Better than expected

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Projections were surpassed by the Greek exports recorded in December 2014, significantly reducing the decline records of the first nine months of the past year.

The Panhellenic Exporters Association (PEA) announced that the total value of Greek exports for last year surpassed 27 billion euros recording a slight 1.4% decrease. Although, if petroleum products -that recorded a significant decline- are excluded from the calculations, the figures show a marginal 0.1% increase.

As PEA and the Center for Exports Research (KEEM) indicate, the value of exports recorded a 4.3% increase to 2.19 billion euros, from 2.1 billion euros in December 2013. Again, excluding petroleum products, growth is surpassing 212 million per month, 16% higher compared to the same month of 2013.