kathimerini.gr
Greek Exports Show Positive Growth in July Despite Overall Decline
In July 2025, Greek exports excluding petroleum products increased by 1.5% compared to July 2024, reaching €3.36 billion, while total exports, including petroleum, decreased by 7.3% due to lower petroleum prices.
- How does the July performance compare to the year-to-date trend in Greek exports, and what are the main contributing factors?
- While July showed a 1.5% increase in non-petroleum exports compared to July 2024, this growth rate is considerably lower than the earlier months of 2025. The decrease in petroleum export value, primarily due to price reduction, significantly impacted the overall export figures. This indicates a shift in the economic trend for Greek exports in recent months.
- What is the overall impact of July's export performance on the Greek economy, considering both petroleum and non-petroleum sectors?
- Greece saw a positive trend in non-petroleum exports in July 2025, reaching €3.36 billion. However, the inclusion of petroleum products resulted in an overall 7.3% decrease in export value, largely due to price drops in the petroleum sector. This highlights the significant influence of petroleum on the country's overall export performance.
- What are the potential long-term implications of these trends for specific sectors within the Greek economy, and what strategies might be considered to mitigate potential negative impacts?
- The significant decrease in petroleum exports underscores the need for diversification within the Greek economy. While food exports showed a 12.4% increase in the first seven months of 2025, sustained focus on expanding and supporting other high-growth sectors like food and beverages will be crucial for mitigating future reliance on fluctuating petroleum prices. This is especially critical to counterbalance the negative impact on the overall export value and reduce the trade deficit.
Cognitive Concepts
Framing Bias
The article presents a balanced overview of Greek exports in July 2025, comparing performance with the same month in 2024 and the first seven months of both years. Both positive and negative trends are highlighted, such as the increase in exports excluding petroleum products and the decrease including them. The inclusion of data for both periods (monthly and seven-month) provides context. The headline (if any) is not provided, preventing a full assessment of framing bias, but the body presents a neutral tone.
Bias by Omission
While the article provides a detailed breakdown of export performance, it lacks information on the specific types of products within the broader categories (e.g., what kinds of food products constitute the 12.4% increase). This omission limits detailed understanding of specific market trends. Additionally, it does not explain the reasons for the decrease in exports of certain product categories or the reasons behind the variations between exports with and without petroleum products. The target audience is not specified, making it difficult to judge whether omissions reflect the attention span or if it is intentional.
Sustainable Development Goals
The article highlights a 1.5% increase in Greek exports (excluding petroleum) in July 2025 compared to July 2024, reaching €3.36 billion. This indicates growth in the export sector, contributing to economic growth and potentially creating jobs. The cumulative increase of 4.9% in exports (excluding petroleum) from January to July further strengthens this positive impact. Increased exports in various sectors like food (12.4%), beverages and tobacco (8.8%), and industrial products (8.1%) also point towards a more robust and diversified economy, leading to more job opportunities and economic growth.