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Ministry of Finance, Statistical Service



09/07/2004
NEW PUBLICATION: FOREIGN TRADE STATISTICS (SUMMARISED DATA), APR 2004
09/07/2004


1. The Statistical Service of Cyprus announces that it has published the monthly report “Foreign Trade Statistics (Summarised Data)” for the period January-April 2004.

2. The main developments in Cyprus foreign trade in the first four months period of 2004 were:

(a) Total imports (covering imports for home consumption and imports placed into bonded warehouses) in January-April 2004 increased to £894,8 mn compared to £740,6 mn in January-April 2003. Total exports increased to £157,5 mn in January-April 2004 compared to £153,2 mn in January-April 2003. The trade deficit increased by 25,5% to £737,3 mn in January-April 2004 compared to £587,4 mn in the corresponding period of 2003.

(b) Imports for home consumption increased to £811,4 mn from £659,1 mn in the first four month period of 2003. Intermediate inputs imported for home consumption valued at £293,1 mn or 36,1%, followed by consumer goods with £240,0 mn or 29,6%, capital goods with £102,6 mn or 12,7%, transport equipment with £99,4 mn or 12,3% and fuels and lubricants with £69,7 mn or 8,6%.

(c) Domestic exports, excluding stores and provisions, increased to £74,6 mn in January-April 2004 from £68,1 mn in the period of January-April 2003 and re-exports, excluding stores and provisions, increased to £72,9 mn in January-April 2004 from £69,8 mn in the first four months period of 2003. Industrial products of domestic produce exported accounted for £49,3 mn or 66,1% while exports of raw agricultural products valued at £24,5 mn or 32,9%.

(d) During the first four months period of 2004 the EU countries supplied Cyprus with goods valued at £498,9 mn or 55,8% and absorbed goods valued at £39,6 mn or 53,1% of Cyprus domestic exports.

3. The report is available from the Printing Office of the Republic of Cyprus in Nicosia at the price of C£2=.












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