Greek exports to Turkey increased by 20% reaching 350.71 million euros in May compared to May 2013, according to the Greek Embassy in Ankara.

Turkish exports to Greece in May 2014 recorded an increase of 8% reaching 94.1 million euros.

According to the Greek Embassy, the rise of Greek exports to Turkey was caused by a significant increase of Greek oil product exports, which accounted for a very high share (85.7%) of the total Greek exports to Turkey for May 2014.

Apart from oil products (300 million euros), Greece exported to Turkey plastic products (15.3 million euros, 4.5% share), cotton (14.2 million euros, 4 % share), aluminium (5 million euros, 1.4% share), boilers and machinery (5.1 million euros, 1.4% share).