H1 trade deficit widens to €2.4bn, Cystat says

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H1 trade deficit widens to €2.4bn, Cystat says
 © BusinessMail 2017
By Stelios Orphanides

The island’s trade deficit widened by €315.2m or 15 per cent in the first six months of the year to €2.4bn, compared with the respective period last year, the statistical service said.

Total imports rose an annual 3.2 per cent to €3.7bn in January to June while total exports dropped 14 per cent to below €1.3bn, Cystat said in a statement on its website on Wednesday.

Excluding the import and export of ships and aircraft, the value of imports in the first six months of the year rose an annual 22 per cent to below €3bn while that of exports rose 31 per cent...


H1 trade deficit widens to €2.4bn, Cystat says


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