OTHERS

International Trade of Greece

Greece

According to CIA Country report Greece population in 2017 more than 10 Million and 21 % is over than 65 and 14 % is less than 15 years old. Its median age is 44,5.Population growth is negative. Life  expectancy is 80,7 years.

GDP – per capita (PPP):$27,800 (2017 est.), $27,300 (2016 est.), $27,100 (2015 est.).Public debt:180% of GDP (2017 est.),179.4% of GDP (2016 est.).

CIA Country report shows that imports:$50.23 billion (2017 est.), $45.45 billion (2016 est.) Imports – commodities:machinery, transport equipment, fuels, chemicals Imports – partners:Germany 10.4%, Italy 8.2%, Russia 6.8%, Iraq 6.3%, South Korea 6.1%, China 5.4%, Netherlands 5.3%, France 4.3% (2017).

Exports:$29.23 billion (2017 est.),$27.1 billion (2016 est.). Exports – commodities:food and beverages, manufactured goods, petroleum products, chemicals, textiles Exports – partners: Italy 10.6%, Germany 7.1%, Turkey 6.8%, Cyprus 6.5%, Bulgaria 4.9%, Lebanon 4.3% (2017).

Due to CIA country report, Germany takes an important place in both export and import of Greece and Turkey is third importer from Greece. Greece exports rate is 6,8 % to Turkey in 2017. Foreign trade volume of Turkey  in 2017 about 360 billion and Greece volume is about 80 billion.

Both Turkey and Greece should improve their relations, cause especially Greece needs Turkish market and tourist income, because the third importer country is Turkey from Greece in 2017.

 

Sources:

https://www.cia.gov/library/publications/the-world-factbook/geos/gr.html Access 19 July 2018.

Source:https://www.cia.gov

 

 

 

 

 

 

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Kürşat ÇAPRAZ

Kürşat Çapraz, Sakarya University (2008-...), Secretary of InTraders Academic Platform. EU, GAFTA, Black Sea Countries Transportation Costs and Technical Barriers, Central Asian Countries Investigation of Economic Integration and Free Trade Zone of the DEA in Turkey, Role of Foreign Trade in the branding of the cities. The field of study is foreign trade, increasing the efficiency of foreign trade, foreign market research

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One Comment

  1. It’s interesting how Greece has such a high public debt and also more than 80 years old life expectancy.

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