<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM SB-2 FOR THE NINE
MONTHS ENDED JULY 31, 1997 AND FOR THE YEAR ENDED OCTOBER 31, 1996 AND IS
QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM SB-2.
</LEGEND>
<CIK>                                   0001042187
<NAME>                 CTI Industries Ciorporation
<MULTIPLIER>                                 1,000
<CURRENCY>                                 dollars
       
                                                  
<PERIOD-TYPE>                   9-MOS                   12-MOS
<FISCAL-YEAR-END>                          JUL-31-1997             OCT-31-1996
<PERIOD-START>                             NOV-01-1996             NOV-01-1995
<PERIOD-END>                               JUL-31-1997             OCT-31-1996
<EXCHANGE-RATE>                                  1.000                   1.000
<CASH>                                             263                     131
<SECURITIES>                                         0                       0
<RECEIVABLES>                                    2,183                   1,795
<ALLOWANCES>                                       116                     130
<INVENTORY>                                      5,059                   4,583
<CURRENT-ASSETS>                                 7,920                   6,597
<PP&E>                                          10,391                  10,000
<DEPRECIATION>                                   6,685                   6,416
<TOTAL-ASSETS>                                  11,756                  10,286
<CURRENT-LIABILITIES>                            6,690                   6,250
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                      1,064                   1,028
<COMMON>                                            75                      74
<OTHER-SE>                                       (193)                   (620)
<TOTAL-LIABILITY-AND-EQUITY>                    11,756                  10,286
<SALES>                                         12,082                  13,910
<TOTAL-REVENUES>                                12,082                  13,910
<CGS>                                            7,346                   8,558
<TOTAL-COSTS>                                    7,346                   8,558
<OTHER-EXPENSES>                                 3,918                   4,976
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                 471                     553
<INCOME-PRETAX>                                    347                   (177)
<INCOME-TAX>                                         0                       6
<INCOME-CONTINUING>                                347                   (383)
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                       347                   (183)
<EPS-PRIMARY>                                      .20                   (.20)
<EPS-DILUTED>                                      .16                   (.20)