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The Netherlands increasingly important for Greek trade

The Netherlands is becoming increasingly important for Greek trade according to recent figures released by Statistics Netherlands.

In 2014, the Netherlands was the 16th export country and the 7th import country for Greece. Conversely, Greece was the 33rd export country and the 67th import country. Obviously, a large trading nation has more influence on a small trading nation than vice versa. Last year, Dutch goods trade was nearly 13 times as big as the Greek goods trade.

The importance of the euro zone as a trading partner for Greece has increased substantially in 2015. In the past, the euro zone was less relevant for Greece as a trading partner.

EU member state Germany has overtaken Russia as the largest supplier of goods. At the same time, Italy ousted Turkey as the primary export destination. In absolute figures, Greek trade with the eurozone countries also expanded.