Cyprus Balance of Trade  1975-2018 | Data | Chart | Calendar | Forecast

The trade deficit in Cyprus widened sharply to EUR 776.7 million in November 2017 from EUR 651.0 million in the same month a year ago. Balance of Trade in Cyprus averaged -195744.51 EUR Thousand from 1975 until 2017, reaching an all time high of 1931 EUR Thousand in May of 1976 and a record low of -925948 EUR Thousand in May of 2016.

Cyprus Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-11-09 10:10 AM Balance of Trade €-272.2M €-387.6M €-288M
2017-12-11 10:00 AM Balance of Trade €-700.3M €-272.9M €-280M
2018-01-09 10:00 AM Balance of Trade €-776.7M €-703M €-473M
2018-02-09 10:30 AM Balance of Trade €-776.7M € -560.7M
2018-03-12 10:15 AM Balance of Trade € -572.7M
2018-04-10 09:00 AM Balance of Trade € -625M


Cyprus Trade Last Previous Highest Lowest Unit
Balance of Trade -776703.00 -702998.00 1931.00 -925948.00 EUR Thousand [+]
Exports 229708.00 181887.00 411698.00 5946.00 EUR Thousand [+]
Imports 1006411.00 884885.00 1082134.00 13481.00 EUR Thousand [+]
Current Account 321.00 -7.40 395.30 -1541.40 EUR Million [+]
Current Account to GDP -5.30 -2.90 3.10 -15.50 percent [+]
Capital Flows 863.00 60.20 1701.50 -1716.40 EUR Million [+]
Remittances 13.00 13.90 34.00 1.00 EUR Million [+]
Tourism Revenues 277100.00 371000.00 425700.00 28300.00 EUR Thousand [+]
Tourist Arrivals 98924.00 144676.00 531030.00 16748.00 [+]
Gold Reserves 13.90 13.90 14.48 13.87 Tonnes [+]
Terrorism Index 1.89 2.04 3.19 0.05 [+]
External Debt 107297.99 108844.43 119576.00 52152.00 EUR Million [+]

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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-776703.00 -702998.00 1931.00 -925948.00 1975 - 2017 EUR Thousand Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -1621000.00 Nov/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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