In the past, Greece lacked a national logistics strategy, impractical regulations and bureaucracy hindered transport processes. Structural reforms, such as the modernisation of the intermodal transport network, have helped make the country a logistics hub in the region.
The Current Situation
The movement of goods and products is subject to entry restrictions due to the Corona crisis. Greek border crossings are open to trucks. There are often delays of many hours in Bulgaria, North Macedonia and Serbia. In the medium to long term, the Greek logistics industry is expecting a sharp drop in sales.
Measured by the World Bank’s Logistics Performance Index in 2018, Greece ranks 42nd out of 160 countries due to its deficits in customs clearance, transport and storage costs and the quality of its infrastructure. Operationally, Greece places high demands on transport and logistics efficiency because of its many islands and the relatively few economic conurbations.
Imports to Greece are mainly from Germany, Italy, Russia, Iraq, China, the Netherlands and France. When it comes to exports, the main export destinations are Italy, Germany, Turkey, Cyprus, Bulgaria and the USA.
For COBANTUR BOLTAS the Greek market and the connection to its neighbouring countries, Albania, Macedonia, Bulgaria and of course Turkey, remain of particular interest.