Total imports to Cyprus were down in the period of January – September 2015 whereas total exports showed at the same period an upward trend, data released on Monday by the Cyprus Statistical Service show.

In particular according to the data total EU and third country imports to the island in the first nine months of the year came to €3,809 million compared to €3,915 million in the same period of last year, whereas total exports to the island came to €1,341million compared to €1,116 million.

As a result of the above the trade deficit was recorded in the same period at €2,467 million compared to €2,799 in 2014.

Consumer goods imported in Cyprus were valued at €1,415 mn or 37.2% in 2015 and €1,359 mn or 34.7% in the respective period of 2014.

Intermediate inputs were valued at €885.1mn or 23.2% in January-September 2015 as against €878.6mn or 22.4% in January-September 2014.

The manufacturing sector absorbed €579.5 mn during the first nine months of this year compared with €576.5mn last year.

Raw materials for the construction sector were €114.4mn compared to €116.4mn at the same period of 2014.

Fuels and lubricants, including crude petroleum oil, valued at €883.6mn in January – September 2015 and €992.6mn in the corresponding period of 2014.

At the same time transport equipment with their parts accounted for €340.1mn compared with €286 mn in 2014.

Capital goods were valued at €277.1mn in January-September 2015 and €397.2mn last year.

The manufacturing sector imports came to €75.8mn in January-September 2015 as against €52.1mn in January-September 2014.

Capital goods for the construction and mining sectors valued at €20.4mn in January-September 2015 and €21,8mn in the corresponding period of last year.

The transport, storage and communication sector imports were valued at €42.1mn in January – September 2015 and €205.6mn in 2014.

Capital goods for agriculture accounted for €9.8mn in January-September 2015 and €9.4mn in the corresponding period of
2014.

According to the data the EU continued to be the main source of supply of goods to Cyprus with a share of €2,720.4mn of total imports/arrivals.

Major suppliers within the Union were Greece with €957.5mn, the UK with €329.6mn, Italy with €299.6mn, Germany with €271.9 mn, the Netherlands with €152 mn, Spain with €142.8mn, France with €142.2mn and Belgium with €98.9mn.

Imports from all other European countries totaled €231.4 mn with Russia €89 mn, Norway with €54.2mn and Switzerland with €28.0 mn.

Imports from the rest of the world in the first nine months of 2015 amounted to €857.5mn, with Israel €222.1mn, China €183.3mn, India with €44.8mn, Japan with €36.7mn, the United States with €35.4mn, Cuba with €26.8mn, Marshall Islands with €26.3mn and Argentina with €24.5mn.

Cypriot exports/ dispatches of domestically produced goods during the same period include industrial products of domestic produce valued at €552 mn and €472.7mn in the same period of 2014.

Exports/dispatches of raw agricultural products were valued at €69.1mn or 11% in January – September 2015 and €80.5mn or 14.4% in the corresponding period of 2014.

Mineral exports valued at €3.7mn or 0.6% in January-September 2015 and €4.4mn or 0.8% in January-September 2014.

Cyprus exports to the EU accounted for €611.1mn in January-September 2015 of the total exports/dispatches.

Dispatches to Ireland accounted for €161.1mn, to Greece for €130.5mn, to the United Kingdom for €85 mn, to Italy for €33.7mn, to Slovakia for €26.3mn, to Germany for €24.5mn, to Slovenia for €23.5mn and to Sweden for €16.9mn.

Exports to Near and Middle Eastern countries followed with €237.8mn. Exports to the Asian countries came to €103.3mn.

At the same period exports to all other European countries were of a value of €45.0mn.