Cyprus’ trade deficit rose by Euros 661,3 million in the first half of the year, compared to the same period last year, due to an increase in imports and a decrease of exports.
According to the Statistical Service of Cyprus total imports/arrivals from third countries and from other Member States in January-June 2016 amounted to Euros 2.996,8mn as compared to Euros 2.547,3mn in January-June 2015.
Total exports/dispatches to third countries and to other Member States in January-June 2016 were Euros 791,8mn compared to Euros 1.003,6mn in January-June 2015.
Therefore, the trade deficit stood at Euros 2.205,0mn in January-June 2016 compared to Euros 1.543,7mn in the corresponding period of 2015.
During June 2016 total imports/arrivals from third countries and arrivals from other Member States valued at Euros 465,6mn.
Total exports/dispatches to third countri
Source: Cyprus News Agency