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22ndannualcapital

Greek exports that reign in the US

Greece is one of the largest exporters to the USA in a range of alimentary products like olives, fish, legumes, and cheeses as well as a number of manufactured goods like pipes and razor blades.

In 2013, for example, olive exports to the US reached $100 million. In some product ranges the contribution of Greek exports reaches 73.2%, while basic competitors for Greece in this market are Turkey, Italy, and Spain.

Greece holds the reigns in such categories as farmed fish like sea brim and bass, with 58% and 54.2% in 2013.What is more surprising is that Greece is the chief exporter of beans to the USA, whether dry, or preserved, with 68.8% of the market share, leaving behind Mexico and Italy.

In terms of cheeses, whether made of cow or sheep's milk, including Greece, in 2013, was the third largest exporter after Spain and France.

Greece's firsts are not limited to alimentary goods. In 2013, Greece was by far the chief exporter of pumice getting a 53.8% of market share. Greece also supplies the American market with pipes for gas and oil pipelines with a net worth of $55.7 million from $115 million in 2012.

Greek products dominating the US market

  • Olives 73%, main competitors Italy, Turkey, Canada

  • Beans 68.8%, main competitors Mexico, Honduras, China

  • Sea Brim, 58%, main competitors Cyprus, Turkey

  • Bass 54.2%, main competitors Turkey

  • Pumice 53.8%, main competitors Iceland, Mexico, China

  • Figs 37.1% (fresh & dried), main competitors Turkey

  • Cheese from sheep's milk 29.8%, main competitors Spain, Israel

  • Iron & steel pipes 26.4%, main competitors S. Korea, Germany, Japan

  • Razor blades 25.5%, main competitors Mexico, China

  • Peaches 20.1%, main competitors China, Chile, Australia