CYPRUS: Trade deficit narrows in Jan-Aug

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The trade deficit narrowed to EUR 2.15 bln in the first eight months of the year, compared to 2.27 bln in the same period in 2014, according to the Statistical Service Cystat.

Total imports in August reached EUR 405.8 mln, of which 286.6 mln was from EU member states and 119.2 mln from third countries.
Total exports in August reached EUR 97.3 mln, of which 50.9 mln to other EU member states and 46.4 mln to third countries.
Last week, Cystat said that the trade deficit for January-July dropped to EUR 1.84 bln from EUR 1.95 bln in the same period of 2014. Total imports were up at EUR 2.97 bln from EUR 2.86 bln in January-July 2014, while exports improved to EUR 1.125 bln from EUR 914 mln in January-July 2014.
July 2015 imports reached EUR 454.9 mln and exports totalled 130.7 mln.

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