Cyprus trade deficit (prelim) shrinks to 2.1 bln in H1

The trade deficit shrank to EUR 2.1 bln in January-June 2012 from according to preliminary data, from EUR 2.5 bln in the same period of 2011.
Imports/arrivals reached EUR 462.7 mln in June alone of which EUR 306.5 mln constituted arrivals from other member states of the EU and EUR 156.2 mln imports from third countries.
Total exports/dispatches reached EUR 125.6 mln, of which EUR 77.4 mln were dispatches to other EU member states and EUR 48.2 mln exports to third countries.
Meanwhile, according to full data for May total imports in January-May 2012 amounted to EUR 2,389.8 mln (EUR 2.4 bln) compared with EUR 2,643.2 mln in January-May 2011.
Total exports/dispatches reached EUR 597.4mln compared with EUR 594.3 mln in January-May 2011. The trade deficit for January-May was EUR 1,792.4mln in January-May 2012 compared with EUR 2,048.8 mln in the corresponding period of 2011.