Cyprus trade deficit at Euros 4.2 billion in January – November 2018

Cyprus trade deficit for the period of January � November 2018 amounted to Euros 4.2 billion marking a reduction of 11.8% compared with the period of 2017, the Statistical Service (Cystat) announced today.

According to Cystat, total imports in January-November 2018 amounted to Euros 8.274,2 mn as compared to Euros 7.491,0 mn in January-November 2017.

Total exports (covering total exports to third countries and to EU Member States) in January-November 2018 were Euros 4.081,8 mn compared to Euros 2.735,5 mn in January-November 2017.

Excluding stores and provisions, total exports of domestically produced goods in January – November 2018 were Euros 1.460,3 mn compared to Euros 1.129,3 mn in January – November 2017, Cystat added.

Total domestic exports of industrial products in January – November 2018 were Euros 1.365,1 mn compared to Euros 1.020,4 mn in January – November 2017, whereas total domestic exports of agricultural products in January – November 2018 were Euros 85,4 mn compared to Euros 90,9 mn in January – November 2017.

Source: Cyprus News Agency