<ARTICLE> 5
<LEGEND>

THIS SCHEDULE  CONTAINS SUMMARY  INFORMATION  EXTRACTED FROM FORM 10-QSB FOR THE
QUARTERLY  PERIOD  ENDED  APRIL 30,  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>                   6-mos
<FISCAL-YEAR-END>                    OCT-31-1998
<PERIOD-START>                       NOV-01-1997
<PERIOD-END>                         APR-30-1998
<EXCHANGE-RATE>                           1.000
<CASH>                                    1,291
<SECURITIES>                                  0 
<RECEIVABLES>                             4,438 
<ALLOWANCES>                                148
<INVENTORY>                               6,892 
<CURRENT-ASSETS>                         13,607 
<PP&E>                                   11,944 
<DEPRECIATION>                            7,279
<TOTAL-ASSETS>                           20,261 
<CURRENT-LIABILITIES>                     8,592 
<BONDS>                                       0 
<PREFERRED-MANDATORY>                         0 
<PREFERRED>                                   0 
<COMMON>                                  1,187 
<OTHER-SE>                                6,502 
<TOTAL-LIABILITY-AND-EQUITY>             20,261
<SALES>                                  11,332 
<TOTAL-REVENUES>                         11,332
<CGS>                                     6,695 
<TOTAL-COSTS>                             6,695 
<OTHER-EXPENSES>                          3,402 
<LOSS-PROVISION>                              0 
<INTEREST-EXPENSE>                          368
<INCOME-PRETAX>                             867 
<INCOME-TAX>                                304 
<INCOME-CONTINUING>                         563 
<DISCONTINUED>                                0 
<EXTRAORDINARY>                               0 
<CHANGES>                                     0 
<NET-INCOME>                                563 
<EPS-PRIMARY>                               .15
<EPS-DILUTED>                               .14