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Trade deficit reduces in 2018 according to preliminary data
CNA - CYPRUS/Nicosia 11/02/2019 16:01


Trade deficit for 2018 shows a reduction compared to 2017, according to preliminary data released on Monday by the Statistical Service of Cyprus.
 
According to the data trade deficit for the period January - December 2018 is € 4.8 billion, compared to € 5.2 billion in the corresponding period of 2017.
 
Based on the preliminary estimates for Cyprus`s foreign trade, total imports amounted to € 9.1 billion in 2018 compared to € 8.2 billion in 2017, while total exports amounted to € 4.2 billion in 2018 compared with € 2.9 billion in 2017.
 
In December 2018, total imports were €820.1 mn as compared to €725.3 mn in December 2017. Imports from other EU Member States in December 2018 were €380.0 mn as compared to €453.2 mn in December 2017. Imports from Third Countries in December 2018 were €440.1 mn as compared to €272.0 mn in December 2017.
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(CNA)

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