The main developments in Cyprus foreign trade during the period January-August 2001 as compared with January-August 2000 were:

Total imports (covering imports for home consumption and imports placed into bonded warehouses) totalled £1.729,9 mn as compared with £1.515,2 mn in January-August 2000. Total exports reached £430,8 mn compared to £406,4 mn in January-August 2000. The trade deficit accounted for £1.299,1 mn compared to £1.108,8 mn.

Imports for home consumption were £1.477,7 mn during January-August 2001 and £1.232,2 mn in January-August 2000. Intermediate inputs imported for home consumption valued at £480,6 mn or 32,5% followed by consumer goods with £411,1 mn or 27,8%, fuels and lubricants with £182,5 mn or 12,4%, capital goods with £180,1 mn or 12,2% and transport equipment with £156,0 mn or 10,6%.

Domestic exports including shipstores, valued at £173,9 mn as compared with £164,3 mn in January-August 2000, whilst re-exports including shipstores, were £256,9 mn compared to £242,0 mn in January-August 2000. Industrial products of domestic produce exported during January-August 2001 accounted for £125,6 mn or 76,4%. Exports of raw agricultural products in January-August 2001 valued at £37,7 mn.

During January-August 2001 the EU countries supplied Cyprus with goods valued at £864,8 mn or 50,0% and absorbed goods valued at £89,6 mn or 54,5% of Cyprus domestic exports.

Additional data on Cyprus foreign trade are shown in the quarterly publication entitled “Imports-Exports Statistics” obtainable from the Government Printing Office while more detailed statistics on the same field are available from the Statistical Service.