Greece’s export sector showed strong durability in 2025, operating in an environment marked by geopolitical uncertainty, trade tensions, and market volatility. The total value of outbound shipments declined slightly compared to the previous year, but this mainly reflects movements in energy-related products rather than broad-based weakness.
Excluding fuel, export activity increased, pointing to steady international demand for Greek goods across multiple sectors. Aggregate figures also indicate Greece recorded no overall export value loss in the US market, even though certain product categories experienced pressure.
This trend underscores a structural feature of Greece’s trade profile. Fluctuations in energy prices and the cost of imported petroleum inputs can significantly affect headline export values, even when most non-energy sectors continue to grow at a solid pace.
Greece’s exports headline dip driven by energy products
According to official data from the Hellenic Statistical Authority (ELSTAT), Greece’s total export value reached €48.6 billion ($57.6 billion) in 2025, down from €50 billion ($59 billion) in 2024, marking a decline of 2.8%. The main driver behind the drop was a steep decline of 14.9% year over year in oil product exports.
Because petroleum exports rely on imported raw materials with significant price fluctuations, their annual value can shift sharply without signaling a comparable change in Greece’s domestic production base. When analysts remove petroleum products from the dataset, the overall picture of Greece’s export performance changes meaningfully.
Core sectors push non-energy exports higher
Exports excluding fuel products increased by about 2% in 2025, reaching €36.91 billion ($43.7 billion). Stronger performance in six of the nine main export sectors supported this rise and offset weakness in energy shipments.
Food exports delivered one of the strongest gains, rising 9.5% year over year to €9.04 billion ($10.6 billion), compared with €8.25 billion ($9.7 billion) in 2024, reinforcing food as one of Greece’s most competitive export pillars just below petroleum.
Industrial product exports increased 2.9% to €7.52 billion ($8.9 billion), up from €7.30 billion ($8.6 billion) a year earlier. Chemical exports grew 3.7% to €6.3 billion ($7.4 billion) from €6.08 billion ($7.2 billion). Other industrial goods advanced 5.1% to €3.84 billion ($4.55 billion) compared with €3.65 billion ($4.33 billion) in 2024. Raw materials posted marginal growth of 0.8%.
Beverage and tobacco exports also recorded a solid increase of 7.8%, reaching €1.49 billion ($1.7 billion), up from €1.38 billion ($1.63 billion) in the previous year. Together, these categories show that Greece’s non-energy export engine continued to strengthen despite external pressures.
Broader base reduces sector concentration risk
The spread of growth across multiple product groups indicates Greece’s export performance is becoming less concentrated and more diversified. Rather than being dependent on a narrow set of categories, the country’s export mix now relies on a wider industrial and agri-food base, which improves resilience when specific commodities or markets weaken.
This broader sectoral base helped counterbalance the contraction in energy-related exports and stabilize Greece’s overall trade performance.
Greece’s exports to US market remain nearly unchanged
Trade flows between Greece and the United States remained broadly stable in 2025. Data from the Panhellenic Exporters Association show that Greek exports to the US declined only marginally by 0.3%, totaling €2.4 billion ($2.8 billion) compared with €2.41 billion ($2.84 billion) in 2024. This suggests that, at an aggregate level, Greece maintained its export position in the US market despite global trade tensions.
At the same time, Greece’s imports from the United States increased by 8.3%, rising to €2.34 billion ($2.7 billion) from €2.16 billion ($2.56 billion) a year earlier. Overall, the 2025 figures show that Greece’s export sector continues to adapt, with solid growth in non-fuel goods offsetting energy volatility and supporting a more balanced trade profile.
