Cyprus’ trade deficit reaches 834 million in the first two months of 2018

Cyprus trade deficit in the first two months of 2018 increased by Euros 22 million to Euros 834 million compared with the respective period of last year, as imports outweighed exports, Cyprus Statistical Service (Cystat) announced.

According to Cystat, total imports (imports from the EU and non-EU states) for the period of January � February 2013 amounted to Euros 1.225 million compared with Euros 1.165 million in the first two months of 2017.

Total exports for the period amounted to Euros 391 million, compared with Euros 353 million in the first two months of 2017.

In February, total imports amounted to Euros 608 million compared with Euros 531 million in February 2017, while total exports reached Euros 187 million compared with Euros 172 million in February last year. February trade deficit amounted to Euros 421 million.

Source: Cyprus News Agency