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Greece has a capitalist economy with the public accounting for around 40 percent of the gross domestic product, or GDP. The majority of Greece's economy centers around the service sector, which... Greece has a capitalist economy with the public accounting for around 40 percent of the gross domestic product, or GDP. The majority of Greece's economy centers around the service sector, which...
Greece Trade: Exports and Imports. Greece has been a traditional exporter of food, beverages and textiles. It has most of its trading partners located in the EU with the only notable external trade partner being USA. In 2009, the economy suffered due to dip in exports, as the figures dropped from $29.14 billion (2008) to $18.64 billion in 2009. The country, in terms of export volume, ranked 65th in the world and thus was far below the EU rankings. The excessive amount of imports has always been a cause of worry for Greece economy.