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Cyprus trade deficit increases EUR 448 mln for January-May 2017 yoy

Cyprus trade deficit increases EUR 448 mln for January-May 2017 yoy
The total imports/arrivals (covering total imports from third countries and arrivals from other EU member states) in January-May 2017 amounted to €3.144,1 mln as compared to €2.858,9 mln in January-May 2016. The total exports/dispatches (covering total exports to third countries and dispatches to other EU member states) in January-May 2017 were €1.035,9 mln compared to €1.198,6 mln in January-May 2016.

The trade deficit was €2.108,2 mln in January-May 2017 compared to €1.660,3 mln in the corresponding period of 2016.

During May 2017, the total imports/arrivals (covering total imports from third countries and arrivals from other EU member states) valued at €707,3 mln as compared to €1.080,7 mln in May 2016.

The total domestic exports of industrial products in May 2017 were €120,7 mln compared to €64,7 mln in May 2016. The total domestic exports of agricultural products in May 2017 were €14,1 mln compared to €14,9 mln in May 2016.

The total exports/dispatches (covering total exports to third countries and dispatches to other EU member states), including stores and provisions, in May 2017, amounted to €267,4 mln as compared to €156,0 mln in May 2016. Exports/dispatches of domestically produced goods, including stores and provisions, were €136,2 mln as compared to €81,0 mln in May 2016 whilst exports/dispatches of foreign goods, including stores and provisions, were €131,2 mln as compared to €75,0 mln in May 2016./IBNA

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