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Greece

TRADE AND BUSINESS
Agriculture - products
wheat, corn, barley, sugar beets, olives, tomatoes, wine, tobacco, potatoes; beef, dairy products
Exports
$12.6 billion f.o.b. (2002)
Exports - commodities
food and beverages, manufactured goods, petroleum products, chemicals, textiles
Exports - partners
Germany 10.4%, Italy 8.5%, UK 6.3%, Bulgaria 5.4%, US 5.3%, Cyprus 4.7% (2002)
Imports
$31.4 billion f.o.b. (2002)
Imports- commodities
machinery, transport equipment, fuels, chemicals
Imports - partners
Germany 12.2%, Italy 11.5%, Russia 7.4%, South Korea 6%, France 5.7%, Netherlands 5.6%, US 4.7%, Belgium 4.3%, UK 4.1% (2002)
Currency
euro (EUR)
note: on 1 January 1999, the European Monetary Union introduced the euro as a common currency to be used by financial institutions of member countries; on 1 January 2002, the euro became the sole currency for everyday transactions within the member countries
Exchange rates
euros per US dollar - 1.06 (2002), 1.12 (2001), 365.4 (2000), 305.65 (1999), 295.53 (1998)
note: in January 2001, the drachma became a participating currency within the Eurosystem, and the euro market rate became applicable to all transactions
Fiscal year
calendar year
 

 

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