Though the rest of the EU remains the main destination for Greek products.
The study forecasts that in the second half of 2024 Greek exports at constant prices will grow by 3% compared to the same period in 2023, Kathimerini reported.
In the first half, exports fell 3.6 percent compared to the first half of 2023.
However, the actual export dynamics will not change significantly, partly due to difficult domestic and global conditions, the report warns.
Its authors argue that "Greek exporters are fighting hard in global markets to export goods, adopting aggressive strategies, especially by keeping prices low to make their products competitive."
As an EU country, Greece is still a minor player when it comes to exports. After a steady improvement since 2019, its share of EU exports has remained stable this year at a paltry 0.53%.
The authors of the study also note a turn towards markets on both sides of the Atlantic.
In particular, Western and Eastern Europe and the Balkans, which absorb 4/5 of Greece's exports, remain relatively stable.
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