The largest increase in absolute terms among Greek export products in the first quarter of 2026 was recorded for petroleum products, contributing decisively to the positive picture of the first quarter of the year. This follows from the processing carried out by the Institute of Export Research and Studies (IES) of the Exporters’ Association-SEVE, in the provisional data announced today by the Hellenic Statistical Authority.
In addition to the petroleum sector (plus 1.4 billion euros), the oil and gas sector (plus 1.4 billion euros) is also a major source of revenue for the oil and gas industry. in absolute terms, +35.9% in percentage terms), the performance of Greek food exports was particularly positive: the sector recorded an increase of 309.7 million euros (+10.2%), confirming its stable dynamics in international markets.
Exports of raw materials also showed a significant increase (+11.4%), while chemicals, various industrial products and machinery-vehicles moved positively. On the other hand, fats and oils showed a negative change, with a decrease of 61.6 million (-16.1%), while industrial products also showed a downward trend, falling by 54.2 million (-16.1%). (-2.1%). Finally, beverages and tobacco remained essentially stable.
More specifically, Greek exports (including petroleum products) recorded a strong increase of 35.7% in April 2026, reaching 5.1 billion euros. In the same period, imports of foreign goods into Greece increased by 9.6%, with a rise of 5.5 percent to 5.1 million euros. The trade deficit narrowed by 25.2%.
The non-oil trade picture shows positive dynamics, with Greek exports amounting to 3.37 billion euros. euros in April 2026, up 7.9%. Imports fell marginally, by 0.9%, compared to the same month last year. As a result, the trade deficit shrank by 11.5%.
In total, Greek exports (including petroleum products) were particularly positive in the January-April 2026 quarter, reaching 17.7 billion euros., 17.7 billion, recording an increase of 11.3%, compared to the same period last year. Imports stood at 28.2 billion euros, up 3.3%.
Exports during January-April 2026, excluding petroleum products, reached 12.96 billion euros. (+4.2%). And imports were 21.8 billion (+1.7%). As a result, the trade deficit improved by 1.8%, compared to the four months of 2025.
