Trade deficit increased in January-April 2010

CYPRUS’ trade deficit recorded an increase in the period January to April 2010, according to the figures published by the Statistical Service of Cyprus.

The figures show that total imports from third countries and EU member states in January to April 2010 amounted to €2,025.3m, compared to €1,836.6m in January to April 2009.

Total exports over the same period were €344.6m compared to €310.5m in January to April 2009.

The trade deficit was €1,680.7m in January to April 2010 compared to €1,526.1m in the corresponding period of 2009.

For the month of April, total imports were valued at €516.9m, with total exports amounting to €80.2m.

?xports of domestically produced goods reached €42.7m while exports of foreign goods were €37.5m.

The Cyprus Mail is the only English-language daily newspaper published in Cyprus. It was established in 1945 and today, with its popular and widely-read website, the Cyprus Mail is among the most trusted news sites in Cyprus. The newspaper is not affiliated with any political parties and has always striven to maintain its independence. Over the past 70-plus years, the Cyprus Mail, with a small dedicated team, has covered momentous events in Cyprus’ modern history, chronicling the last gasps of British colonial rule, Cyprus’ truncated independence, the coup and Turkish invasion, and the decades of negotiations to stitch the divided island back together, plus a myriad of scandals, murders, and human interests stories that capture the island and its -people. Observers describe it as politically conservative.