<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM FORM 10-QSB FOR THE QUARTERLY PERIOD ENDED APRIL 30, 1999 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-31-1999 <PERIOD-START> NOV-01-1998 <PERIOD-END> APR-30-1999 <EXCHANGE-RATE> 1.000 <CASH> 518 <SECURITIES> 0 <RECEIVABLES> 3,790 <ALLOWANCES> 80 <INVENTORY> 6,145 <CURRENT-ASSETS> 11,807 <PP&E> 17,600 <DEPRECIATION> 8,323 <TOTAL-ASSETS> 23,243 <CURRENT-LIABILITIES> 9,191 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 188 <OTHER-SE> 6,795 <TOTAL-LIABILITY-AND-EQUITY> 23,243 <SALES> 9,850 <TOTAL-REVENUES> 9,850 <CGS> 6,440 <TOTAL-COSTS> 6,440 <OTHER-EXPENSES> 3,139 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 435 <INCOME-PRETAX> (164) <INCOME-TAX> 21 <INCOME-CONTINUING> (185) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (185) <EPS-BASIC> (.05) <EPS-DILUTED> (.05)