It said that the deficit in trade balance in 2016 rose to €4.18 bn from €3.40 bn in 2015.
Imports increased last year by €765 mn to €5.90 bn, from €5.14 bn in 2015, while exports went down by €15.52 mn to €1.72 bn from €1.73 bn in 2015.
Meanwhile, on the basis of preliminary estimates for Foreign Trade of Cyprus in December 2016, total imports / arrivals were €561.8 mn, of which €352.4 mn were arrivals from other Member States of E.U. and €209.4 mn imports from Third Countries.
Total exports/dispatches were €154.2 mn of which €59.0 mn were dispatches to other Member States of E.U.
Source: CNA
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