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Fri, Mar

Greek Exports to the Middle East Face Mounting Geopolitical Risk

Greek Exports to the Middle East Face Mounting Geopolitical Risk

Hellenic Shipping News

Greek exports to the Middle East and Gulf states are facing

Greek exports to the Middle East and Gulf states are facing a stress test, as the conflict spreads across the region casting uncertainty over trade routes that carry hundreds of millions of euros in Greek goods each year.

Preliminary data from the Greek official statistics authority, ELSTAT, show that Greek businesses sustained a substantial foothold across the region in 2025, with several markets recording mixed results. What remains unclear is how the escalating geopolitical environment will shape trade flows in the period ahead.

Lebanon and Israel remain the top destinations

Lebanon is Greece’s largest export market in the region, ranking 14th among all Greek export destinations globally. Greek goods shipped to Lebanon were valued at €1.17 billion in 2025; a 4.4% decline from the prior year, though the country remains one of Greece’s most significant non-European trading partners.

Israel holds second place among regional markets, with Greek exports reaching approximately €996 million, a marginal 1% increase year-on-year. The country also climbed one spot in Greece’s overall export rankings, moving to 17th place.

Gulf states show a more mixed picture

Further along the Gulf, results were uneven. Greek exports to the United Arab Emirates fell 4.5% to €351.8 million.

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