Cyprus trade deficit increases by 7.9%

Trade deficit recorded an increase of 7.9% in the period January-June 2014, amounting to €1.607,0 mn, compared to €1.488,6 mn in the corresponding period of 2013, according to data released by the Statistical Service.

Total imports/arrivals from third countries and from other Member States in January-June 2014 amounted to €2.382,4 million as compared to €2.299,8 million in January-June 2013. Total exports/dispatches to third countries and to other Member States in January-June 2014 were €775,4 million compared to €811,1 million in January-June 2013.

During June 2014 total imports/arrivals from third countries and arrivals from other Member States valued at €419,6 million.

Total exports/dispatches to third countries and to other Member States, including stores and provisions, in June 2014 amounted to €146,4 million. Εxports/dispatches of domestically produced goods, including stores and provisions, were €66,0 million whilst exports/dispatches of foreign goods, including stores and provisions, were €80,4 million.

Source: Famagusta Gazette