Trade deficit up by 9.75% in first eleven months 2021, provisional data show

?rade deficit rose by 9.75% in January – November 2021 amounting to €4,799 mn compared to €4,372.6 mn in the corresponding period of 2020, provisional data released by the Cyprus Statistical Service (CyStat) on Monday show.

According to the provisional data total imports of goods were €896.4 mn compared to €692.9 mn in November 2020, recording an increase of 29.4%.

Imports from other EU Member States in November 2021 were €516.4 mn and from third countries €380.0 mn, compared to €395.5 mn and €297.4 mn respectively in November 2020. Imports in November 2021 include the transfer of economic ownership of mobile transport equipment (vessels and aircrafts), of a total value of €137.7 mn as compared to €111.5 mn in November 2020.

According to CyStat, total exports of goods in November 2021 were €368.7 mn compared to €147.6 mn in November 2020, rec

Source: Cyprus News Agency