Core Viewpoint - The article highlights the significant challenges faced by Greek agricultural exports, particularly feta cheese, table olives, and olive oil, due to increased tariffs imposed by the United States on EU products, which threaten the competitiveness and market access of these key products [1][2][3] Group 1: Feta Cheese Industry - Feta cheese, a key Greek product, has seen its exports to the U.S. grow to 9% of its total export market share in 2024, with an export value nearing 800 million euros [1] - The president of a prominent feta cheese company indicated that the new tariffs have forced them to abandon plans to expand into the U.S. market, as increased costs will likely deter American consumers [1] - The Greek Dairy Industry Association president noted that the new tariff policy will weaken the competitive edge of feta cheese in the U.S. market, prompting some producers to look towards emerging markets [1] Group 2: Olive and Olive Oil Industry - The U.S. has raised tariffs on Greek table olives from 10% to 15% since April, impacting the export value of table olives to the U.S., projected to reach 214 million euros in 2024, accounting for 28% of Greece's total olive exports [2] - Local olive growers expressed that the tariffs have severely affected their earnings, with one grower stating the direct impact on their profitability [2] - The president of the Greek Table Olive Production, Packaging, and Export Association mentioned that rising costs from tariffs are eroding profits across the supply chain, potentially limiting market access to the U.S. [2] - The Greek Olive Oil Standardization Industry Association noted that while the current export share of Greek olive oil to the U.S. is limited, the tariffs will inevitably increase prices and reduce competitiveness in the U.S. market [2] Group 3: Market Adaptation - Greek media analysis indicates that the U.S. market currently represents about 5% of Greece's overall exports, and the increased tariffs could severely undermine growth and future potential in key overseas markets [3] - In response to the tariff challenges, the Greek agricultural sector is exploring alternative markets to mitigate reliance on U.S. exports [3]

Group 1: Core Insights - The imposition of high tariffs by the US on Greek agricultural products, including feta cheese, table olives, and olive oil, poses significant challenges for Greek exports [1][2][3] - Feta cheese, a key Greek product, has seen a strong export market, with 65% of its total production of approximately 140,000 tons in 2024 destined for export, generating nearly 800 million euros [1] - The US market has become increasingly important for Greek feta cheese, accounting for 9% of its total export market share in 2024, but the new tariffs threaten to undermine this growth [1] Group 2: Impact on Specific Products - The tariff on Greek table olives has increased from 10% to 15% since April 2023, impacting the export value, which is projected to reach 214 million euros in 2024, representing 28% of Greece's total olive exports [2] - Olive growers in regions like Messinia are experiencing significant financial strain due to the tariffs, which are eroding profit margins across the supply chain [2] - The Greek olive oil sector, while currently having a limited share in the US market, is also expected to face increased prices and reduced competitiveness due to the tariffs [2] Group 3: Market Adaptation - Greek agricultural exporters are beginning to explore alternative markets in response to the challenges posed by US tariffs, indicating a shift in strategy to mitigate reliance on the US market [3] - The overall share of the US market in Greek exports is approximately 5%, highlighting the importance of diversifying export destinations to sustain growth [3]

Group 1: Impact of US Tariffs on Greek Agricultural Exports - The US tariffs on EU goods have severely impacted the export of Greek agricultural products, particularly feta cheese, table olives, and olive oil [1][2] - Feta cheese, a key Greek product, has seen its export market share to the US grow to 9% in 2024, but new tariffs threaten its competitiveness [1] - The increase in tariffs from 10% to 15% on Greek table olives since April 2023 has put additional pressure on this sector, with the US accounting for 28% of Greece's total olive exports in 2024 [2] Group 2: Industry Responses and Future Strategies - Greek producers are exploring alternative markets due to the adverse effects of US tariffs on their profitability and market access [3] - The president of the Greek Dairy Industry Association noted that the new tariff policies could weaken the competitive edge of feta cheese in the US market, prompting some producers to look towards emerging markets [1][3] - Local olive growers expressed that the increased tariff costs are significantly damaging their earnings, indicating a potential shift in focus to other markets if prices continue to rise [2]