SATURDAY, 23 FEB 2019

 

CONNECT

Facebook Linked In Twitter
PwC_CEO_728x90px
Invest Cyprus 30/04-30/03/2019
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_Cyber_Security_13/02-22/02_468x60px

ECONOMY

Trade Deficit Reduces in 2018 According to Preliminary Data

Trade Deficit Reduces in 2018 According to Preliminary Data

Trade deficit for 2018 shows a reduction compared to 2017, according to preliminary data released on Monday by the Statistical Service of Cyprus.
 
According to the data trade deficit for the period January - December 2018 is € 4.8 billion, compared to € 5.2 billion in the corresponding period of 2017.
 
Based on the preliminary estimates for Cyprus`s foreign trade, total imports amounted to € 9.1 billion in 2018 compared to € 8.2 billion in 2017, while total exports amounted to € 4.2 billion in 2018 compared with € 2.9 billion in 2017.
 
In December 2018, total imports were €820.1 mn as compared to €725.3 mn in December 2017. Imports from other EU Member States in December 2018 were €380.0 mn as compared to €453.2 mn in December 2017. Imports from Third Countries in December 2018 were €440.1 mn as compared to €272.0 mn in December 2017.

Total exports in December 2018 were €163.7 mn as compared to €232.9 mn in December 2017. Exports to other EU Member States in December 2018 were €58.9 mn as compared to €81.2 mn in December 2017. Exports to Third Countries in December 2018 were €104.7 mn as compared to €151.7 mn in December 2017.

Total imports in December 2018 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €316.6 mn. as compared to €161.1 mn in December 2017. Total exports in December 2018 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €16.2 mn. as compared to €74.7 mn in December 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

Deloitte_2016_300x250px
Gold_Issue_300x250px

IMH LTD