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	<title>Cyprus Trade Deficit Archives - LoveCyprus | We Love Cyprus and you will Love it too.</title>
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		<title>Cyprus trade deficit greatly increases in January on annual basis</title>
		<link>https://www.lovecyprus.com.cy/cyprus-trade-deficit-increase/</link>
		
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		<pubDate>Thu, 23 Apr 2020 13:55:33 +0000</pubDate>
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		<category><![CDATA[Cyprus Trade Deficit]]></category>
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		<guid isPermaLink="false">https://www.lovecyprus.com.cy/?p=14920</guid>

					<description><![CDATA[<p>Trade deficit increased greatly this January in Cyprus on an annual basis, data released by the Cyprus Statistical Service on Wednesday show. In particular, according to CyStat`s “Intra &#38; Extra [&#8230;]</p>
<p>The post <a href="https://www.lovecyprus.com.cy/cyprus-trade-deficit-increase/">Cyprus trade deficit greatly increases in January on annual basis</a> appeared first on <a href="https://www.lovecyprus.com.cy">LoveCyprus | We Love Cyprus and you will Love it too.</a>.</p>
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<p>Trade deficit increased greatly this January in Cyprus on an annual basis, data released by the Cyprus Statistical Service on Wednesday show.</p>



<p>In particular, according to CyStat`s “Intra &amp; Extra EU Trade Statistics&#8221; published today, total imports of goods from EU Member States and from third countries in January 2020 amounted to €704.1 mn compared to €823.5 mn in January 2019, recording a drop of 14.5%.</p>



<p>Total exports of goods to EU Member States and to third countries in January 2020 were €220.1 mn compared to €534.9 mn in January 2019, registering a decrease of 58.9%.</p>



<p>The trade deficit was €484.0 mn in January 2020 compared to €288.6 mn in the corresponding month of 2019.</p>



<p>Total imports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €109.0 mn compared to €305.2 mn in January 2019.</p>



<p>Total exports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €44.8 mn compared to €409.0 mn in January 2019.</p>



<p>At the same time, exports of domestically produced products, including stores and provisions, in January 2020 were €106.4 mn compared to €74.3 mn in January 2019, whilst exports of foreign products, including stores and provisions, in January 2020 were €113.7 mn compared to €460.6 mn in January 2019.</p>



<p>Domestic exports of industrial products in January 2020 were €98.4 mn compared to €66.1 mn in January 2019.</p>



<p>Domestic exports of agricultural products in January 2020 were €6.2 mn compared to €6.3 mn in January 2019.</p>



<p>Source: CNA</p>
<p>The post <a href="https://www.lovecyprus.com.cy/cyprus-trade-deficit-increase/">Cyprus trade deficit greatly increases in January on annual basis</a> appeared first on <a href="https://www.lovecyprus.com.cy">LoveCyprus | We Love Cyprus and you will Love it too.</a>.</p>
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