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Greece’s MY 2023/24 cotton production is estimated at 970,000 bales, down 33 percent from the previous season due to significant rainstorms which caused widespread flooding in Central Greece in early September 2023.

Dashboard that demonstrates the scope of Black Sea grain and oilseed trade. Millions of tons of grain are shipped through these international waters each year, making the Black Sea region a major supplier of agricultural commodities worldwide.

The Black Sea region is a significant supplier of agricultural commodities to the world. Over the past year, global grain and oilseed markets have been roiled by the ongoing military conflict in Ukraine.

Greece’s MY 2022/23 cotton production is estimated at 1.30 million 480 lb. bales, down 10 percent from the previous season due to a decrease in area planted. Greece is a major cotton exporter. Turkey was the main destination in MY 2021/22, representing 58 percent of total exports.

This report provides updated contact information for Greece and gives an overview of Greek food laws in the EU context. It is recommended to read the EU-27 Food and Agricultural Import Regulations and Standards, to obtain a fuller understanding of EU laws as Greece is a member of the European Union and follows its directives and regulations.

Greece, as a member of the European Union, follows EU directives and regulations. For information on EU export certificates, please see the Food and Agricultural Import Regulations and Standards – Certificate Report prepared by the United States Mission to the EU in Brussels. For non-harmonized products, the competent Greek authority should be consulted as many issues are addressed on a case-by-case basis.

This report is written for U.S. companies interested in doing business in Greece. It contains information on the economic situation, consumer buying patterns, and strategies for market entry. Greece presents market opportunities for many U.S. consumer-orientated products, including tree nuts, distilled spirits, soybeans, forest products, seafood, and processed fruits.

Executive Summary Global fertilizer prices are at near record levels and may remain elevated throughout 2022 and beyond. Fertilizer prices account for nearly one-fifth of U.S. farm cash costs, with an even greater share for corn and wheat producers...

A number of factors have converged over the last 18 months to send global agricultural commodity prices to near-record levels. Russia’s invasion of Ukraine – and the potential loss of Ukrainian exports – was the latest development to push commodity prices higher.

Greece’s MY 2021/22 cotton production is estimated at 1.35 million 480 lb. bales, down 3.6 percent from the previous season due to a decrease in area planted. Greece is a major cotton exporter. Turkey was the main destination in MY 2020/21, representing 50.1 percent of total exports.

Russian invasion of Ukraine is expected to significantly affect Thai agriculture. Agricultural production costs are expected to increase 7-13 percent in livestock production and 10-17 percent in field crops due to the surge in prices of feed-quality grains and fertilizers.

Black Sea regional producers Ukraine and Russia are significant suppliers to India of nitrogen and potassic fertilizers utilized in agricultural production. FAS New Delhi sources indicate that a short supply of potassic fertilizers is unlikely to affect agricultural production prospects in the upcoming crop year in the major food grain belt of northwest India and the Indo Gangetic plains.