Greek Exports Grow 20.9% in Early 2026 Amid Global Crises

Greek export values rose sharply in early 2026, with a 20.9% increase recorded in May compared with the same month a year earlier. Between January and May, total export volume reached €22.9 billion, up 13.5% from €20.2 billion in the comparable period of 2025. Growth persisted even without oil‑related products, which rose 4.5%, indicating broader sectoral strength.

The trade deficit narrowed by 9%, while shipments to EU member states climbed 12.6% and to non‑EU (third) countries rose 14.7%. Exports to the United States, accounting for roughly 4% of total Greek goods, were largely unaffected by the 15% US tariff on most European products; higher duties applied only to steel, aluminium and copper derivatives (50% and 25% respectively). Greek aluminium, for example, remained resilient despite the elevated tariffs.

The data underscore the Greek economy’s ability to convert crises—including the COVID‑19 pandemic, energy shortages, the war in Ukraine and supply‑chain disruptions—into growth opportunities, driven by diversified production, innovation and strong export‑oriented sectors such as tourism, shipping, logistics and technology.