The main developments in Cyprus foreign trade during the period January-November 2000 as compared with January-November 1999, were:

Total imports (covering imports for home consumption and imports placed into bonded warehouses) rose to £2.189,5 mn as compared with £1.766,7 mn in January-November 1999. Total exports reached £552,6 mn compared to £495,8 mn in January-November 1999. The trade deficit accounted for £1.636,9 mn compared to £1.270,8 mn.

Imports for home consumption increased to £1.791,0 mn during January-November, 2000 compared to £1.453,6 mn in January-November 1999. Intermediate inputs imported for home consumption valued at £615,9 mn or 34,4% followed by consumer goods with £523,5 mn or 29,2%, fuels and lubricants with £248,5 mn or 13,9%, capital goods with £213,7 mn or 11,9% and transport equipment with £171,8 mn or 9,6%.

Domestic exports including shipstores, went up to £222,3 mn as compared with £195,8 mn in January-November 1999, and re-exports, including shipstores, to £330,3 mn compared to £300,1 mn in January-November 1999. Industrial products of domestic produce exported during January-November 2000 accounted for £172,6 mn or 83,7%. Exports of raw agricultural products in January-November 2000 valued at £32,2 mn.

During January-November 2000 the EU countries supplied Cyprus with goods valued at £1.131,6 mn or 51,7% and absorbed goods valued at £106,2 mn or 51,5% of Cyprus domestic exports excluding shipstores. 

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.