Trade deficit increases in January – August 2019

Cyprus’ trade deficit was €3,273.0 mn in January - August 2019 compared to €2,591.3 mn in the corresponding month of 2018, according to data released on Thursday by the Statistical Service of Cyprus.

Total imports in January - August 2019 amounted to €5,454.5 mn as compared to €5,917.1 mn in January - August 2018. Total exports (covering total exports to third countries and to EU Member States) in January - August 2019 were €2,181.5 mn compared to €3,325.8 mn in January - August 2018.

Total exports of domestically produced goods, excluding stores and provisions, in January - August 2019 were €862.9 mn compared to €1,114.2 mn in January - August 2018. Total domestic exports of industrial products in January - August 2019 were €777.6 mn compared to €1,025.8 mn in January - August 2018. Total domestic exports of agricultural products in January - August 2019 were €75.0 mn compared to €75.2 mn in January - August 2018.