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Cyprus' trade deficit increases 5% yoy for the period January-August 2017

Cyprus' trade deficit increases 5% yoy for the period January-August 2017
Cyprus' trade deficit was €2.893,6 mln in January-August 2017 compared to €2.757,4 mln in the corresponding period of 2016, according to data from the Statistical Service of Cyprus.

Total imports/arrivals (covering total imports from third countries and arrivals from other EU member states) in January-August 2017 amounted to €4.900,7 mln as compared to €4.568,6 mln in January-August 2016. Total exports/dispatches (covering total exports to third countries and dispatches to other EU member states) in January- August 2017 were €2.007,1 mln compared to €1.811,2 mln in January-August 2016.

During August 2017 the total imports/arrivals (covering total imports from third countries and arrivals from other EU member states) were valued at €639,3 mln as compared to €462,0 mln in August 2016.

Total exports/dispatches (covering total exports to third countries and dispatches to other EU member states), including stores and provisions, in August 2017 amounted to €251,7 mln as compared to €186,2 mln in August 2016. Exports/dispatches of domestically produced goods, including stores and provisions in August 2017 were €87,8 mln as compared to €57,5 mln in August 2016, whilst exports/dispatches of foreign goods, including stores and provisions, in August 2017 were €163,9 mln as compared to €128,7 mln in August 2016. Total domestic exports of industrial products in August 2017 were €82,3 mln compared to €51,3 mln in August 2016. Total domestic exports of agricultural products in August 2017 were €4,0 mln compared to €4,7 mln in August 2016.

The monthly electronic publication “Intra-Extra EU Trade Statistics (Summarised Data)” for August 2017 is available for download free of charge from the website of the Statistical Service, under the Section “Publications”./IBNA

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