Cyprus & World News

CYPRUS: Trade deficit widens to €1.33 bln in Jan-May

11 August, 2014

The trade deficit in the first five months of the year rose to €1.33 bln, compared to €1.22 bln in the same period of 2013, data released by the Statistical Service Cystat has shown.
According to the data, total imports/arrivals in January - May amounted to €1,961.5 mln as compared to €1,898 mn in January-May 2013.
Total exports/dispatches reached €629 mln compared to €676.1 mln in January - May 2013.
The trade deficit was recorded at €1,332.5 mln in January - May 2014 compared to €1,221.9 mln in the corresponding period of 2013.
In May 2014 total imports/arrivals were valued at €432.7 mln.
Total exports/dispatches including stores and provisions, in May 2014 amounted to €141.8 mln.
Εxports/dispatches of domestically produced goods, including stores and provisions, were €74 mln whilst exports/dispatches of foreign goods, including stores and provisions, were €67.8 mln.