Cyprus Balance of Trade  1975-2017 | Data | Chart | Calendar | Forecast

Cyprus trade deficit increased to EUR 461.1 million in March of 2017 compared to a EUR 199.1 million shortfall a year ago. Exports declined 32.7 percent to EUR 228.6 million, as sales intra-EU fell 61.9 percent while those outside EU rose 26.6 percent. Imports advanced 28 percent to EUR 689.7 million as purchases intra-EU increased 28.7 percent and outside EU went up 27 percent. In the first three months of the year, trade gap widened 154 percent to EUR 1264 million, as sales dropped 33.5 percent while imports rose 35.2 percent. Balance of Trade in Cyprus averaged -192142.13 EUR Thousand from 1975 until 2017, reaching an all time high of 1931 EUR Thousand in May of 1976 and a record low of -924675 EUR Thousand in May of 2016.

Cyprus Balance of Trade
Receive the next reported value for Cyprus Balance of Trade in you Inbox



We will not not share your email with third parties and you can unsubscribe at any time.
Please Paste this Code in your Website
Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-13 10:15 AM Jan €-317.9M €-407.6M €-232M
2017-04-10 09:00 AM Feb €-273.0M €-349.7M €-278M
2017-05-10 09:15 AM Mar €-461.1M €-349.6M €-294M
2017-06-09 09:00 AM Apr €-461.1M
2017-07-10 09:00 AM May
2017-08-09 09:00 AM Jun




Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -461100.00 -349550.00 1931.00 -924675.00 EUR Thousand [+]
Exports 228617.00 171933.00 409743.00 5946.00 EUR Thousand [+]
Imports 689717.00 521483.00 1080670.00 13481.00 EUR Thousand [+]
Current Account -944.70 379.10 395.30 -1541.40 EUR Million [+]
Current Account to GDP -4.80 -3.00 3.10 -15.60 percent [+]
Capital Flows -492.60 -92.20 1701.50 -1716.40 EUR Million [+]
Remittances 14.80 8.60 34.00 1.00 EUR Million [+]
Tourism Revenues 46600.00 35400.00 402200.00 28300.00 EUR Thousand [+]
Tourist Arrivals 286331.00 140873.00 482132.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 106911.96 100099.84 119576.00 52152.00 EUR Million [+]
Terrorism Index 2.04 3.08 3.19 0.05 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Cyprus Balance of Trade Notes

Trade is an integral part of the recent economic success of Cyprus, as the island nation falls short of being self-sufficient for food and fuel. As such, Cyprus is a net importer of fuels, raw materials, heavy machinery and transportation equipment. Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Cyprus' largest, and most important, trading partner is the European Union, which accounts for 50% of all Cypriot trade flows, followed by the Middle East, destination for 20% of exports from Cyprus. In the European Union, the UK and Greece account for the largest share of trade due to historical connections. Recent discoveries of offshore gas will likely diminish Cyprus' need for importing energy and lead to a shift in the composition of its exports. This page provides - Cyprus Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-461100.00 -349550.00 1931.00 -924675.00 1975 - 2017 EUR Thousand Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17