Greek exports rose to their highest level in the last 50 years in 2005, totaling 14 billion euros, the Panhellenic Exporters' Association said on Wednesday.

 The report, presented during a meeting of the National Export Council, showed that Greek exports jumped to Italy, France, Spain, Poland, the US and Turkey, while it rose strongly towards China and India.

 The Middle East and North Africa regions recorded the biggest percentage growth rates in 2005 (31.3 percent), while exports to Singapore are expected to surpass 150 million euros. Exports to the United Arab Emirates are also expected to surpass 200 million euros.

 Fuel exports jumped 56 percent last year, while exports of farm produce rose 24.2 percent and exports of chemicals were up 26 percent in 2005.

 Exports of industrial products rose 7.7 percent, trailing the average growth rates.

The Exporters' Association said it expected exports to continue growing in 2006 because of supportive measures taken by the government and businesses.

Greek exporters, however, urged for more initiatives, such as new products, to establish Greek products in overseas markets.

Source: Athens News Agency

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