<ARTICLE> 5
<LEGEND>

THIS SCHEDULE  CONTAINS SUMMARY  INFORMATION  EXTRACTED FROM FORM 10-QSB FOR THE
QUARTERLY  PERIOD  ENDED  JANUARY 31, 1998 AND IS  QUALIFIED  IN ITS ENTIRETY BY
REFERENCE TO SUCH FORM 10-QSB.

</LEGEND>
<CIK>                                       0001042187
<NAME>                      CTI Industries Corporation
<MULTIPLIER>                                     1,000
<CURRENCY>                                     dollars
       
                             
<PERIOD-TYPE>                   3-mos
<FISCAL-YEAR-END>                    OCT-31-1998
<PERIOD-START>                       NOV-01-1997
<PERIOD-END>                         JAN-31-1998
<EXCHANGE-RATE>                           1.000
<CASH>                                    2,922
<SECURITIES>                                  0 
<RECEIVABLES>                             5,234 
<ALLOWANCES>                                135
<INVENTORY>                               5,597 
<CURRENT-ASSETS>                         15,135 
<PP&E>                                   11,642 
<DEPRECIATION>                            7,034
<TOTAL-ASSETS>                           14,218 
<CURRENT-LIABILITIES>                    10,118 
<BONDS>                                       0 
<PREFERRED-MANDATORY>                         0 
<PREFERRED>                                   0 
<COMMON>                                    187 
<OTHER-SE>                                7,261 
<TOTAL-LIABILITY-AND-EQUITY>              7,448
<SALES>                                   5,839 
<TOTAL-REVENUES>                          5,839 
<CGS>                                     3,461 
<TOTAL-COSTS>                             3,461 
<OTHER-EXPENSES>                          1,669 
<LOSS-PROVISION>                              0 
<INTEREST-EXPENSE>                          177
<INCOME-PRETAX>                             532 
<INCOME-TAX>                                207 
<INCOME-CONTINUING>                         325 
<DISCONTINUED>                                0 
<EXTRAORDINARY>                               0 
<CHANGES>                                     0 
<NET-INCOME>                                325 
<EPS-PRIMARY>                               .09
<EPS-DILUTED>                               .08