SATURDAY, 23 FEB 2019

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
GloriaJeans_266x90px
IMH LTD

Prodromou: We Expect the UN to Include Guterres Framework, as Clarified by the UNSG

Wicker: The US has Strong Interest in Cyprus' Reunification

IMH LTD
PwC_CEO_22/02-05/03_468x60px

ECONOMY

Trade Deficit Decreases by €314 million in 2018

Trade Deficit Decreases by €314 million in 2018

Trade deficit in the period January - August 2018 decreased by €314 million compared to the corresponding period of 2017.

According to a publication by the Statistical Service of Cyprus trade deficit was €2,649.8 mn in January-August 2018 compared to €2,963.8 mn in the corresponding period of 2017.

Total imports (covering total imports from third countries and from EU Member States) in January-August 2018 amounted to €5,923.7 mn as compared to €5,025.6 mn in January-August 2017. Total exports (covering total exports to third countries and to EU Member States) in January-August 2018 were €3,273.9 mn compared to €2,061.8 mn in January-August 2017.

During August 2018 total imports (covering total imports from third countries and from EU Member States) valued at €628.4 mn as compared to €622.7 mn in August 2017.

Total exports (covering total exports to third countries and to EU Member States), including stores and provisions, in August 2018 amounted to €264.2 mn as compared to €254.3 mn in August 2017. Exports of domestically produced goods, including stores and provisions in August 2018 were €174.2 mn as compared to €88.3 mn in August 2017 whilst exports of foreign goods, including stores and provisions, in August 2018 were €89.9 mn as compared to €166.1 mn in August 2017. Total domestic exports of industrial products in August 2018 were €167.6 mn compared to €81.8 mn in August 2017. Total domestic exports of agricultural products in August 2018 were €5.0 mn compared to €4.3 mn in August 2017.

MORE ON ECONOMY

Government Spokesman: No Predetermined Date for ExxonMobil’s Drilling Results

Government Spokesman Prodromos Prodromou has said that the government did not have a ...

Cyprus Trade Deficit at €4.2 Billion in January – November 2018

Cyprus trade deficit for the period of January – November 2018 amounted to €4. ...

Cabinet Approves Fund for the Protection and Insurance of Agricultural Produce

The creation of a fund for the protection and insurance of agricultural produce was ...

FROM AROUND GOLDNEWS

   

Share of Energy from Renewable Sources in Transport at 2.6% in 2017

The share of energy from renewable sources used for transport in the European Union (EU) stood at 7.6% in 2017, compared with 3.1 % in 2007. Although the ...
   

Unemployment Falls to 7.6%

Unemployment in Cyprus fell to 7.6% of the labour force in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the Labour Force ...
   

Confusion Among Businesses about Benefits in Kind

The provision of Benefits in Kind is a practice currently followed by a significant number of businesses across Cyprus, with the aim of both creating an ...
   

Celestyal Cruises: New Goals and New Itineraries for the Year Ahead

Enjoying a dynamic presence in Greece and Cyprus, Celestyal Cruises, a member of the Louis Group, recently published official results for 2018, highlighting ...
   

Government Spokesman: No Predetermined Date for ExxonMobil’s Drilling Results

Government Spokesman Prodromos Prodromou has said that the government did not have a predetermined date for the announcement of ExxonMobil’s drilling ...
   

Trump: US Shouldn’t Block Technology

US President Donald Trump has said he wants the US to become a technology leader through competition rather than by blocking others, the BBC reports. Trump ...
   

Wicker: The US has Strong Interest in Cyprus' Reunification

Vice President of the Parliamentary Assembly of the Organization for Security and Co-operation in Europe, US Senator Roger Wicker has said that the US has a ...
   

Cathedral City Firm to be Bought for £975M

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal, the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Taxatelier_12/02-22/02_300x250px
Gold_Digital_Edition_300x250px

IMH LTD