In absolute terms the deficit on trade in goods rose to €3,406.1 million (€3.4 billion) in January-November 2014 compared with €2,913.9m in the corresponding period of 2013.
Total imports/arrivals rose to €4,729.9 million (€4.7bn) compared with €4,414.7m in January-November 2013, marking a rise of 7.2%.
Total exports/dispatches fell to €1,323.7m compared with €1,500.8m in January-November 2013, recording a fall of 11.8%.
Meanwhile, the first estimate for the eurozone’s trade in goods balance with the rest of the world in December 2014 showed a €24.3 billion surplus, compared with a €13.6 billion surplus in December 2013.
The November 2014 balance was +€21.2 billion, compared with €16.5 billion in November 2013. Seasonally adjusted exports fell by 1.1% In December 2014 compared with November 2014, and imports by 2.4%.
Source: InCyprus
Related Articles
See all articles
Related Insights
See all insightsInsight | 27 January 2025 |
Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
Read Georg Bühler's Insight
