articles | 14 March 2016

Cyprus trade deficit narrows in 2015

The trade deficit was €3.375,4m in January-December 2015 compared to €3.701,5m in the corresponding period of 2014, according to data released by the Statistical Service of Cyprus.

Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-December 2015 amounted to €5.111,7m as compared to €5.144,6m in January-December 2014. Total exports/dispatches (covering total exports to third countries and dispatches to other Member States) in January-December 2015 were €1.736,3m compared to €1.443,2m in January-December 2014.

During December 2015 total imports/arrivals (covering total imports from third countries and arrivals from other Member States) valued at €442,3m.

Total exports/dispatches (covering total exports to third countries and dispatches to other Member States), including stores and provisions, in December 2015 amounted to €129,9m. Εxports/dispatches of domestically produced goods, including stores and provisions, were €64,1m whilst exports/dispatches of foreign goods, including stores and provisions, were €65,8m.

Source: Famagusta Gazette

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