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

Cyprus recorded a trade deficit of 272169 EUR Thousand in September of 2017. Balance of Trade in Cyprus averaged -193469.37 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
2017-09-11 09:00 AM Balance of Trade €-258.5M €-259.4M €-349M
2017-10-10 09:00 AM Balance of Trade €-326.8M €-272.6M €289M
2017-11-09 10:10 AM Balance of Trade €-272.2M €-387.6M €-288M
2017-12-11 10:00 AM Balance of Trade €-272.2M


Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -272169.00 -326806.00 1931.00 -924675.00 EUR Thousand [+]
Exports 261124.00 247467.00 409743.00 5946.00 EUR Thousand [+]
Imports 533293.00 574273.00 1080670.00 13481.00 EUR Thousand [+]
Current Account -7.40 -721.10 395.30 -1541.40 EUR Million [+]
Current Account to GDP -5.30 -2.90 3.10 -15.50 percent [+]
Capital Flows 60.20 -349.30 1701.50 -1716.40 EUR Million [+]
Remittances 14.80 8.60 34.00 1.00 EUR Million [+]
Tourism Revenues 423600.00 425700.00 425700.00 28300.00 EUR Thousand [+]
Tourist Arrivals 406870.00 483716.00 531030.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
External Debt 108844.43 108321.96 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-272169.00 -326806.00 1931.00 -924675.00 1975 - 2017 EUR Thousand Monthly




balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 670.17 Sep/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17