Cyprus Balance of Trade

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Cyprus recorded a trade deficit of 317903 EUR Thousand in January of 2017. Balance of Trade in Cyprus averaged -190754.25 EUR Thousand from 1975 until 2017, reaching an all time high of 1931 EUR Thousand in May of 1976 and a record low of -887970 EUR Thousand in May of 2016.


Cyprus Balance of Trade

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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 March of 2017.

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  1. Norway Balance of Trade Norway recorded a trade surplus of 23.54 NOK billion in February of 2017, a surge of 80.8 percent from the same month a year earlier, as exports jumped while imports fell. Year-on-year, sales grew by 18.0 percent to 71.24 NOK billion, driven by ships and oil platforms (728.5 percent), natural gas condensates (633.8 percent), crude oil (51.9 percent) and natural gas (21.8 percent). Imports declined by 3.7 percent to 47.71 NOK billion, mainly due to a 12.1 percent fall in purchases of food and live animals, a 10.3 percent drop in purchases of beverages and tobacco and...

  2. Macau Balance of Trade Macau trade deficit increased to MOP 4.28 billion in February of 2017, compared to a MOP 4.08 billion gap in a year earlier. Exports rose by 27.24 percent to MOP 0.90 billion, driven by tobacco & wine (99.6 percent), diamond & diamond jewellry (93.6 percent), non-textiles (32.4 percent), electronic components (14.2 percent), and watches (8.5 percent). Imports increased by 9.1 percent to MOP 5.18 billion, mainly boosted by watches (50.5 percent), followed by gold jewellry (20.6 percent), handbags & wallets (18.5 percent), garment & footwear (6.3 percent), mobile phone (5.9 percent), and food & beverages (3.4 percent)....

  3. Singapore Balance of Trade Singapore recorded a trade surplus of 3.29 SGD billion in January of 2017, compared to a 5.80 SGD billion surplus a year earlier. It was the smallest trade surplus since October 2014, as total exports increased by 11.1 percent (following a 9.2 percent rise in December) while total imports surge 21.0 percent (compared to a 13.2 percent growth in the preceding month). Total trade rose 15.6 percent, after a 11.0 percent increase in a month earlier. In December 2016, trade surplus came in at 6.12 SGD billion. Balance of Trade in Singapore averaged 735.28 Million SGD from 1964 until 2017,...

  4. Brunei Balance of Trade Brunei trade surplus decreased 41.5 percent year-on-year to BND 203.3 million in December of 2016 compared to a BND 347.7 million surplus a year earlier. Exports fell 23.7 percent, driven by lower sales of: mineral fuels (-27.7 percent), namely liquefied natural gas (-48.6 percent), and manufactured goods (-21.6 percent). Imports declined 4.5 percent due to lower purchases of: machinery and transport equipment (-11.5 percent); manufactured goods (-18.4 percent); miscellaneous manufactured articles (-7.2 percent); food (-3 percent) and crude materials inedible (-45.6 percent). Main export partners were Japan (30.6 percent of total exports); Malaysia (11.3 percent); China (11.1 percent). The highest...

  5. Peru Balance of Trade Peru trade balance shifted to USD 150 million surplus in January of 2017 from USD 507 million gap in the same period of the previous year. Sales jumped 25.9 percent to USD 3.1 billion, mainly driven by fisheries (483.3 percent), agriculture (31.1 percent), miseries (22.7 percent), oil and gas (97.9 percent), metallurgy and jewellery (40.9 percent). Imports fell 0.5 percent to USD 3 billion, led by industrial capital goods (-4.8 percent), transport equipment (-23.6 percent) and building materials (-41.4 percent). Balance of Trade in Peru averaged 75.02 USD Million from 1957 until 2017, reaching an all time...

  6. Mongolia Balance of Trade Mongolia recorded a trade surplus of 183 USD Million in February of 2017. Balance of Trade in Mongolia averaged -20.28 USD Million from 1997 until 2017, reaching an all time high of 362.30 USD Million in December of 2016 and a record low of -369.70 USD Million in July of 2012.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=mongoliabt&v=201703160122t&h=300&w=600&ref=/mongolia/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/mongolia/balance-of-trade’>tradingeconomics.com</a> Calendar GMT Reference Actual Previous Consensus Forecast 2017-01-17 11:00...

  7. Croatia GDP Annual Growth Rate Croatia’s gross domestic product advanced 3.4 percent year-on-year in the fourth quarter of 2016, following a 2.9 percent growth in the previous period, according to preliminary estimates. It was the strongest expansion since the first quarter of 2008, boosted by household consumption (3.6 percent vs 3.4 percent in Q3) and investments (4.6 percent from 2.9 percent). Meanwhile, the growth slowed for government expenditure (1.8 percent vs 2.1 percent in Q2). The contribution of net foreign demand was negative (-0.3 percent), as exports rose 9.7 percent (6.3 percent in Q3) and imports also advanced 9.7 percent (6 percent in Q3). On...

  8. Tunisia GDP Annual Growth Rate The Gross Domestic Product (GDP) in Tunisia expanded 1.10 percent in the fourth quarter of 2016 over the same quarter of the previous year. GDP Annual Growth Rate in Tunisia averaged 3.36 percent from 2001 until 2016, reaching an all time high of 7.40 percent in the first quarter of 2004 and a record low of -2.20 percent in the third quarter of 2011.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=tunisiagdpyoy&v=201704010521t&h=300&w=600&ref=/tunisia/gdp-growth-annual’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/tunisia/gdp-growth-annual’>tradingeconomics.com</a> Calendar GMT Reference Actual ...

  9. Cyprus Exports Exports in Cyprus increased to 165249 EUR Thousand in January from 154158 EUR Thousand in December of 2016. Exports in Cyprus averaged 70635.45 EUR Thousand from 1975 until 2017, reaching an all time high of 260141 EUR Thousand in January of 2015 and a record low of 5946 EUR Thousand in February of 1975.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=cypprusexpxports&v=201703140022t&h=300&w=600&ref=/cyprus/exports’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/cyprus/exports’>tradingeconomics.com</a> Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Cyprus’ largest, and most important, trading partner is the...

  10. European Union Balance of Trade European Union recorded a trade surplus of 20885.30 EUR Million in December of 2016. Balance of Trade in European Union averaged -8373.76 EUR Million from 1999 until 2016, reaching an all time high of 20885.30 EUR Million in December of 2016 and a record low of -34755.90 EUR Million in January of 2008.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com This page provides the latest reported value for – European Union Balance of Trade – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. European...

  11. Cyprus Imports Imports in Cyprus decreased to 483152 EUR Thousand in January from 561779 EUR Thousand in December of 2016. Imports in Cyprus averaged 261389.71 EUR Thousand from 1975 until 2017, reaching an all time high of 1023663 EUR Thousand in May of 2016 and a record low of 13481 EUR Thousand in June of 1975.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=cypprusimpmports&v=201703140021t&h=300&w=600&ref=/cyprus/imports’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/cyprus/imports’>tradingeconomics.com</a> Cyprus is a net importer of fuels, raw materials, heavy machinery and transportation equipment. Cyprus’ largest, and most important,...

  12. Luxembourg Balance of Trade Luxembourg’s seasonally adjusted trade deficit slightly narrowed to EUR 0.35 billion in January of 2017 from a EUR 0.36 billion shortfall in December. Exports increased 10.5% to EUR 1.15 billion and imports rose at a slower 6.8% to EUR 1.49 billion. On a non-seasonally adjusted basis, the trade deficit shrank to EUR 0.24 billion from EUR 0.35 billion gap a year earlier. Exports rose 28% to EUR 1.14 billion, boosted by sales of machinery and equipment (25.1%); primary materials (11.7%); transport equipment (4.8%) and miscellaneous articles (201.4%). In contrast, shipments declined for food and live animals (-1.3%)...

  13. European Union Exports Exports in European Union increased to 164419.50 EUR Million in December from 156797.70 EUR Million in November of 2016. Exports in European Union averaged 104181.10 EUR Million from 1999 until 2016, reaching an all time high of 164419.50 EUR Million in December of 2016 and a record low of 42243.20 EUR Million in January of 1999.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com This page provides the latest reported value for – European Union Exports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news....

  14. Serbia Balance of Trade Serbian trade deficit widened to USD 319.1 million in January of 2017 compared to USD 238 million gap a year ago. Exports rose 7.6 percent to USD 995.9 million, driven by food and live animals (12.9 percent); electrical machinery (24.2 percent); articles of apparel and clothing accessories (7.8 percent); power-generating machinery (33.7 percent); non-ferrous metals (12.1 percent). Imports went up 13 percent to USD 1315 million, driven by petroleum (25.8 percent) and electrical machinery (32.6 percent). Export increased to Germany (6.4 percent), Russia (16.9 percent) and Bulgaria (91.5 percent). Imports were up from Germany (25.4 percent), China...

  15. Colombia Balance of Trade Colombia trade deficit narrowed to USD 0.67 billion in December of 2016 from a USD 1.62 billion gap in 2015, as exports posted the biggest gain since December of 2011 while imports fell. Exports jumped 32.7 percent year-on-year to USD 3.37 billion, driven by sales of fuels and mining products (43 percent vs 4.1 percent in November) and agricultural goods, food and beverages (50.6 percent vs 14.9 percent). Colombia exported Colombia exported 16.9 million barrels of oil in December, a decline of 24.2 percent compared to 22.3 million barrels a year earlier. Imports fell 2.8 percent to USD 4.04 billion,...

  16. Belgium Balance of Trade Belgium recorded a trade surplus of 1837.10 EUR Million in December of 2016. Balance of Trade in Belgium averaged 1088.35 EUR Million from 1993 until 2016, reaching an all time high of 3715.40 EUR Million in September of 2016 and a record low of -1026.60 EUR Million in August of 2008.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com Foreign trade accounts for approximately 70 percent of the Belgium’s economy. About 80% of Belgium’s trade is with fellow EU member states. The major export commodity in Belgium is the automobile, medicament mixtures put in dosage,...

  17. Pakistan Balance of Trade Pakistan recorded a trade deficit of 293929 PKR Million in February of 2017. Balance of Trade in Pakistan averaged -30212.90 PKR Million from 1957 until 2017, reaching an all time high of 6457 PKR Million in June of 2003 and a record low of -308337 PKR Million in January of 2017.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=ptrdbal&v=201703140022t&h=300&w=600&ref=/pakistan/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/pakistan/balance-of-trade’>tradingeconomics.com</a> Pakistan has been running consistent trade deficit since 2003 mainly due to high imports of energy. Since 2012, China has emerged as...

  18. European Union Economic Sentiment Indicator Economic Optimism Index in European Union increased to 109.10 in March from 108.90 in February of 2017. Economic Optimism Index in European Union averaged 100.80 from 1985 until 2017, reaching an all time high of 117.40 in May of 2000 and a record low of 65.60 in March of 2009.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=europeanuecooptind&v=201704010521t&h=300&w=600&ref=/european-union/economic-optimism-index’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/european-union/economic-optimism-index’>tradingeconomics.com</a> In the European Union, the Economic sentiment indicator is a composite measure (average=100) that calculates the confidence level among: manufacturers (40 percent of...

  19. Czech Republic Balance of Trade Czech Republic recorded a trade surplus of 48458 CZK Million in January of 2017. Balance of Trade in Czech Republic averaged 5569.59 CZK Million from 1991 until 2017, reaching an all time high of 52828 CZK Million in April of 2016 and a record low of -39868 CZK Million in December of 1992.  Export Data  API Access Please Paste this Code in your Website <iframe src=’http://www.tradingeconomics.com/embed/?s=cztbal&v=201703112322t&h=300&w=600&ref=/czech-republic/balance-of-trade’ height=’300′ width=’600′ frameborder=’0′ scrolling=’no’></iframe><br />source: <a href=’http://www.tradingeconomics.com/czech-republic/balance-of-trade’>tradingeconomics.com</a> Czech Republic is intensively involved in international trade. It engages in the export of numerous manufactured goods that are used...

  20. European Union Imports Imports in European Union decreased to 143534.20 EUR Million in December from 150085 EUR Million in November of 2016. Imports in European Union averaged 112554.86 EUR Million from 1999 until 2016, reaching an all time high of 161949.80 EUR Million in October of 2012 and a record low of 52217 EUR Million in February of 1999.  Export Data  API Access Please Paste this Code in your Website source: tradingeconomics.com This page provides the latest reported value for – European Union Imports – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news....

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