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Cyprus trade deficit narrows in January as imports down

12 April, 2014

The trade deficit narrowed to €270.9 mln in January compared to €290.2mln in the corresponding month of 2013, due mainly to a drop in imports, the Statistical Service Cystat reported.
Total imports/arrivals (covering total imports from third countries and arrivals from other EU member states) in January amounted to €381.7 mln as compared to €410.1 mln in January 2013. Total exports/dispatches (covering total exports to third countries and dispatches to other Member States) in January were €110.8 mln compared to €120.0 mln in same month last year.
Εxports/dispatches of domestically produced goods, including stores and provisions, were €61.4 mln whilst exports/dispatches of foreign goods, including stores and provisions, were €49.4 mln in January.