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

Cyprus recorded a trade deficit of 258538 EUR Thousand in July of 2017. Balance of Trade in Cyprus averaged -193292.73 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-07-10 09:00 AM Balance of Trade €-409.3M €-389.8M €-798M
2017-08-09 09:00 AM Balance of Trade €-304.9M €-439.9M €-378M
2017-09-11 09:00 AM Balance of Trade €-258.5M €-259.4M €-349M
2017-10-10 09:00 AM Balance of Trade €-258.5M
2017-11-09 10:00 AM Balance of Trade
2017-12-11 10:00 AM Balance of Trade


Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -258538.00 -259396.00 1931.00 -924675.00 EUR Thousand [+]
Exports 305690.00 283079.00 409743.00 5946.00 EUR Thousand [+]
Imports 564228.00 542475.00 1080670.00 13481.00 EUR Thousand [+]
Current Account -721.10 -944.70 395.30 -1541.40 EUR Million [+]
Current Account to GDP -5.30 -2.90 3.10 -15.50 percent [+]
Capital Flows -349.30 -492.60 1701.50 -1716.40 EUR Million [+]
Remittances 14.80 8.60 34.00 1.00 EUR Million [+]
Tourism Revenues 347200.00 291500.00 402200.00 28300.00 EUR Thousand [+]
Tourist Arrivals 531030.00 472450.00 531030.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 108321.96 106911.96 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

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-258538.00 -259396.00 1931.00 -924675.00 1975 - 2017 EUR Thousand Monthly




balance of trade by Country

Last
Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.64 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -1259000.00 Jun/17
Switzerland 2173.00 Aug/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17