Trade deficit rises in June and first seven months of 2021
CNA – Cyprus/?ICOSIA 09/09/2021 15:21
The trade deficit rose by €82.4 mn in June, to €615.4 mn from €533 mn in the same month of 2020, figures released Thursday by the Statistical Service showed. Preliminary figures revealed an increase in trade deficit of €615.5 mn between January and July.
In June 2021 total imports of goods (from EU Member States and from third countries) amounted to €761.2 mn compared with €668.9 mn in June 2020, recording an increase of 13.8%.
Exports of domestically produced products, including stores and provisions, in June 2021 rose to €145.8 mn from €135.9 mn in June 2020, recording an increase of 7.3%.
Domestic exports of industrial products in June 2021 increased to €138.3 mn from €126.1 mn in June 2020, whilst domestic exports of agricultural products in June 2021 fell to €6.1 mn from €8.1 mn in the same month of 2020.
Exports of foreign product
Source: cyprus News Agency