<ARTICLE> 5
<LEGEND>

THIS SCHEDULE  CONTAINS SUMMARY  INFORMATION  EXTRACTED FROM FORM 10-QSB FOR THE
QUARTERLY  PERIOD  ENDED  JULY 31,  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>                   9-mos
<FISCAL-YEAR-END>                    OCT-31-1999
<PERIOD-START>                       NOV-01-1998
<PERIOD-END>                         JUL-31-1999
<EXCHANGE-RATE>                           1.000
<CASH>                                      404
<SECURITIES>                                  0
<RECEIVABLES>                             3,040
<ALLOWANCES>                                101
<INVENTORY>                               6,077
<CURRENT-ASSETS>                         11,165
<PP&E>                                   17,985
<DEPRECIATION>                            8,700
<TOTAL-ASSETS>                           22,613
<CURRENT-LIABILITIES>                     9,165
<BONDS>                                   6,694
<PREFERRED-MANDATORY>                         0
<PREFERRED>                                   0
<COMMON>                                    188
<OTHER-SE>                                6,152
<TOTAL-LIABILITY-AND-EQUITY>             22,613
<SALES>                                  13,750
<TOTAL-REVENUES>                         13,750
<CGS>                                     9,836
<TOTAL-COSTS>                             9,836
<OTHER-EXPENSES>                          4,529
<LOSS-PROVISION>                              0
<INTEREST-EXPENSE>                          684
<INCOME-PRETAX>                          (1,299)
<INCOME-TAX>                               (507)
<INCOME-CONTINUING>                        (792)
<DISCONTINUED>                                0
<EXTRAORDINARY>                               0
<CHANGES>                                     0
<NET-INCOME>                               (792)
<EPS-BASIC>                              (.21)
<EPS-DILUTED>                              (.21)