Cyprus trade deficit expands in Jan-Feb

The trade deficit expanded in January-February according to the monthly report “Intra-Extra EU Trade Statistics (Summarised Data)” published by the Statistical Service.
The main developments in Cyprus foreign trade were as follows.
Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-February 2010 amounted to EUR 917.0 mln compared with EUR 866.7 mln in January-February 2009.
Total exports/dispatches (covering total exports to third countries and dispatches to other Member States) in January-February 2010 were EUR 155.7 mln compared with EUR 145.8 mln in January-February 2009.
The trade deficit was EUR 761.2 mln in January-February 2010 compared with EUR 720.9 mln in the corresponding period of 2009.
During February 2010 total imports/arrivals (covering total imports from third countries and arrivals from other Member States) were valued at EUR 466.0 mln.
Total exports/dispatches (covering total exports to third countries and dispatches to other Member States), including stores and provisions, in February 2010 amounted to EUR 83.0 mln.
Εxports/dispatches of domestically produced goods, including stores and provisions, were EUR 48.3 mln whilst exports/dispatches of foreign goods, including stores and provisions, were EUR 34.6 mln.