How many chemicals are exported in Greece in 2016?

Exports of Greek chemicals reached €1.6 billion in 2016. Chemicals is one of the most important groups of Greek exports. In 2016 chemicals were 5.1% of Greek exports by value (the 4th most important group of exported products by value). Imports of chemicals were €3.6 billion in 2016. As a result, the Greek trade balance in chemicals was negative.

What percentage of Greek chemicals are imported from EU countries?

The share of imported chemicals from EU countries over the total Greek imports of chemicals has been rising steadily, from 14% in 2005 to 24% in 2016. Polymers and consumer chemicals are the most important groups in Greek exports of chemicals, representing 32% and 25% of total exports of chemicals, respectively.

What was the production value of the Greek chemical industry in 2016?

The gross production value of the Greek chemical industry in 2016 was €2.2 billion. This is 25% less compared to 2008, as a result of the Greek economic crisis in the recent past. The industry’s production is focused on special chemicals and consumer chemicals.

Which group imports the most chemicals in Greece?

Special chemicals and polymers are the biggest groups by value in the Greek imports of chemicals, at 29% and 27% of total Greek imports of chemicals in 2016, respectively. Basic chemical compounds (petrochemicals, basic inorganic compounds and polymers) are 54% of Greek imports of chemicals.

How much does the chemical industry spend on R&D in Greece?

However, R&D spending by the chemical industry in Greece is rather low, compared with more advanced chemical industries in Europe, such as in Spain, with R&D spending by the chemical industry in 2015 reaching €230 million, or in Germany, with €3.8 billion spent on chemical R&D.

How big is the chemical industry in Greece?

Also importantly, the Greek chemical industry produces a broad range of consumer chemicals. The Greek chemical industry comprises of about 1,000 businesses. The average Greek chemical firm is larger than the average firm in manufacturing in Greece, yet smaller than the average chemical firm in the European Union (28 member states).