The main developments in Cyprus foreign trade were:
Total imports/arrivals (covering total imports from third countries and arrivals from other Member States) in January-April 2016 amounted to €1,512.4 million as compared to €1,648.4 million in January-April 2015. Total exports/dispatches (covering total exports to third countries and dispatches to other Member States) in January-April 2016 were €523.7 million compared to €676.9 million in January-April 2015. The trade deficit was €988.7 million in January-April 2016 compared to €971.5 million in the corresponding period of 2015.
During April 2016 total imports/arrivals (covering total imports from third countries and arrivals from other Member States) valued at €405.3 million.
Total exports/dispatches (covering total exports to third countries and dispatches to other Member States), including stores and provisions, in April 2016 amounted to €153.8 million. Exports/dispatches of domestically produced goods, including stores and provisions, were €84.0 million whilst exports/dispatches of foreign goods, including stores and provisions, were €69.8 million.
Source: InCyprus
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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.
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