{"id":20007,"date":"2026-08-22T09:14:40","date_gmt":"2026-08-22T09:14:40","guid":{"rendered":"https:\/\/in-greece.com\/index.php\/2026\/08\/22\/greek-exports-to-us-reach-e1-3-billion-as-petroleum-shipments-surge\/"},"modified":"2026-08-22T09:14:40","modified_gmt":"2026-08-22T09:14:40","slug":"greek-exports-to-us-reach-e1-3-billion-as-petroleum-shipments-surge","status":"publish","type":"post","link":"https:\/\/in-greece.com\/index.php\/2026\/08\/22\/greek-exports-to-us-reach-e1-3-billion-as-petroleum-shipments-surge\/","title":{"rendered":"Greek Exports to US Reach \u20ac1.3 Billion as Petroleum Shipments Surge"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-first=\"S\">\n<h3>Greek exports to the United States rose 15.6% in the first half of 2026, reaching \u20ac1.3 billion from \u20ac1.1 billion in the same period of 2025, according to a report from the Office of Economic and Commercial Affairs at the Greek Embassy in Washington.<\/h3>\n<p>However, petroleum products accounted for the increase. Excluding petroleum products, Greek exports to the US fell 4.2%, declining to \u20ac895 million from \u20ac934 million.<\/p>\n<p>The figures come from Eurostat data.<\/p>\n<p>The report highlights several significant developments in Greek exports during the first six months of the year.<\/p>\n<p>Petroleum products recorded the strongest increase, with exports almost doubling by 98%, reaching \u20ac445 million from \u20ac224.7 million. The increase mainly came from oils and preparations derived from petroleum or bituminous minerals, excluding biodiesel, which reached \u20ac445 million from \u20ac218 million.<\/p>\n<p>Aluminium products also performed strongly, with exports rising 27.5% to \u20ac125.7 million from \u20ac98.6 million, despite US import tariffs of 50% on aluminium products and 25% on derivatives.<\/p>\n<p>Exports of iron and steel products increased 60.2%, reaching \u20ac54 million from \u20ac33.7 million. The increase mainly came from tubes and pipes, which rose to \u20ac50.7 million from \u20ac25.8 million despite applicable tariffs of 25%-50%.<\/p>\n<p>Copper products also recorded growth of 18.8%, reaching \u20ac17.9 million from \u20ac15 million, despite tariffs of 25%-50%.<\/p>\n<p>Fish and seafood exports continued their positive trend, rising 23.4% to \u20ac18.6 million from \u20ac15 million.<\/p>\n<p>Dairy products increased 4.8% to \u20ac36.2 million from \u20ac34.6 million, with cheese exports rising 5% to \u20ac34.6 million.<\/p>\n<p>The report also recorded a dramatic increase in exports of vehicles and their parts, which surged 843.3% to \u20ac25.9 million from \u20ac2.7 million. The increase largely reflected a 1,093% rise in trailers and semi-trailers, which reached \u20ac25.5 million from \u20ac2.1 million.<\/p>\n<p>Machinery, electrical equipment and parts increased 8.7%, reaching \u20ac75.1 million from \u20ac69 million.<\/p>\n<p>At the same time, several major export categories recorded significant declines.<\/p>\n<p>Exports of prepared and processed food products fell 3.7% to \u20ac158.7 million from \u20ac162.7 million. Olive exports declined 4% to \u20ac90.8 million, while peach exports fell 23% to \u20ac29.9 million.<\/p>\n<p>Oil and olive oil exports declined 4% to \u20ac37 million from \u20ac38.5 million, while edible fruit and nuts fell 3.5% to \u20ac25 million.<\/p>\n<p>Processed food exports under CN 19 recorded a sharper decline of 37.3%, falling to \u20ac20 million from \u20ac31.9 million. Bakery products accounted for much of the decrease, with exports falling 45% to \u20ac10.6 million.<\/p>\n<p>Another processed-food category under CN 21 declined 14.7% to \u20ac14.3 million, mainly because exports of sauces fell 49%.<\/p>\n<p>Exports of aircraft parts dropped 61.9%, falling to \u20ac25.9 million from \u20ac68.1 million. The decline mainly reflected an 84% fall in exports of aircraft and spacecraft parts.<\/p>\n<p>Exports of earth, stone and cement products also fell sharply, declining 60.9% to \u20ac16.7 million from \u20ac42.8 million. Portland cement exports dropped 57% to \u20ac14.6 million.<\/p>\n<p>Other declines included turbo engines, down 41.6% to \u20ac19.7 million; plastics, down 8.2% to \u20ac28.6 million; perfumes and related products, down 15% to \u20ac24.2 million; and optical instruments and measuring equipment, down 10.2% to \u20ac15.4 million.<\/p>\n<p>Meanwhile, Greek exports of arms and ammunition increased 16.6%, reaching \u20ac21 million from \u20ac18 million.<\/p>\n<p>The report notes that Greek exports excluding petroleum products had fallen 16.7% during the first four months of 2026 compared with the previous year, meaning the first-half figures show a notable improvement in several categories.<\/p>\n<p>Overall, the data show that petroleum products provided the main boost to Greek exports to the US during the first half of 2026, while a number of industrial and agricultural products continued to face significant pressure despite strong growth in selected categories.<\/p>\n<p>\u00a0<\/p>\n<footer class=\"article-tags entry-footer\">\n<div>\n\t\t<strong>Tags:<\/strong><br \/>\n\t\taluminium, Eurostat, exports 2026, Greece, Greek economy, Greek exports, petroleum products, steel, tourism and trade, United States, US trade\t<\/div>\n<\/footer>\n<div class=\"category_container author-information\">\n<div class=\"inner\">\n<section id=\"authorpage\" class=\"authorpage\">\n\t\t\t\t<img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/74a7af42a3ee68b1eb9b880b91e3e713144e269e50db87b04a35501c8e1351f8?s=164&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/74a7af42a3ee68b1eb9b880b91e3e713144e269e50db87b04a35501c8e1351f8?s=328&amp;r=g 2x\" class=\"avatar avatar-164 photo lazyload\" height=\"164\" width=\"164\" decoding=\"async\"\/>\t<\/p>\n<div class=\"author-content\">\n<h5>Kosta Papadopoulos<\/h5>\n<p>Kosta Papadopoulos is an editor at Greek City Times, covering Greek and international news, travel, sport, and entertainment.<\/p>\n<\/p><\/div>\n<\/section><\/div>\n<\/div><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/greekcitytimes.com\/2026\/08\/22\/greek-exports-to-us-reach-e1-3-billion-as-petroleum-shipments-surge\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greek exports to the United States rose 15.6% in the first half of 2026, reaching \u20ac1.3 billion from \u20ac1.1 billion in the same period of 2025, according to a report from the Office of Economic and Commercial Affairs at the Greek Embassy in Washington. However, petroleum products accounted for the increase. Excluding petroleum products, Greek &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Greek Exports to US Reach \u20ac1.3 Billion as Petroleum Shipments Surge\" class=\"read-more button\" href=\"https:\/\/in-greece.com\/index.php\/2026\/08\/22\/greek-exports-to-us-reach-e1-3-billion-as-petroleum-shipments-surge\/#more-20007\" aria-label=\"Read more about Greek Exports to US Reach \u20ac1.3 Billion as Petroleum Shipments Surge\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":20008,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":1,"fifu_image_url":"https:\/\/greekcitytimes.com\/wp-content\/uploads\/2026\/08\/fuel.jpg","fifu_image_alt":"","footnotes":""},"categories":[2],"tags":[],"class_list":["post-20007","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/20007","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/comments?post=20007"}],"version-history":[{"count":0,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/posts\/20007\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media\/20008"}],"wp:attachment":[{"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/media?parent=20007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/categories?post=20007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/in-greece.com\/index.php\/wp-json\/wp\/v2\/tags?post=20007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}