Trade deficit at €4.2 billion

Cyprus trade deficit for the period of January – November 2018 amounted to €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 €8.274,2 mn as compared to €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 €4.081,8 mn compared to €2.735,5 mn in January-November 2017.

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

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