articles | 10 July 2015

Trade deficit drops by €117.5m in first four months 2015

The trade deficit decreased by €117.5m in the period January – April 2015, and stood at €925.3m compared to €1.042,8m in the corresponding period of 2014, figures released by the Statistical Service of Cyprus showed recently.

Total imports in January-April amounted to €1.595,0 million as compared to €1.535,0 million in January-April 2014, the Statistical Service said in its monthly publication ‘Intra-Extra EU Trade Statistics (Summarised Data)’ for April 2015, adding that total exports in the same period were €669.6 million compared to €492.1 million in January-April 2014.

The trade deficit was €925.3 million in January-April compared to €1.042,8 million in the correspondingperiod of 2014, the Service added.

In April 2015 total imports valued at €438.2 million, while total exports, including stores and provisions, in the same month amounted to €150.4 million, the Service said.

Source: CNA

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