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  Cyprus Trade Information, June 2019

Cyprus Trade Information, June 2019
 
According to statistics from the European Statistical Office, the import and export volume of Cyprus goods was 6.49 billion U.S. dollars from January to June 2019, down 24.3% from the same period of the previous year (the same below). Among them, exports were 1.89 billion US dollars, down 40.8%; imports were 4.60 billion US dollars, down 14.5%. The trade deficit was 2.72 billion US dollars, an increase of 23.8%.
 
In the month of June, the import and export of Cyprus goods was US$1.07 billion, a decrease of 25.6%. Among them, exports were 250 million US dollars, down 63.4%; imports were 820 million US dollars, an increase of 9.1%. The trade deficit was 570 million US dollars, an increase of 830.9%.
 
From January to June 2019, the import and export volume of bilateral goods between Cyprus and China was about 260 million US dollars, down 12.8%. The export of Cyprus to China was 18.88 million US dollars, down 56.3%, accounting for 1% of its total exports, down 0.4 percentage points. Cyprus imported 240 million U.S. dollars from China, down 5.4%, accounting for 5.2% of its total imports, an increase of 0.5 percentage points. The trade deficit between Cyprus and China is US$220 million, an increase of 5.2%.
 
As of June, China is the 20th largest export destination and the seventh largest source of imports for Cyprus.

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