Cyprus' trade deficit in January–September 2025 has recorded an increase compared to the corresponding period of 2024.
According to CySTAT, the trade deficit was €5,884.2m in January–September 2025 compared to €4,787.0m in the corresponding period of 2024.
It adds that total imports of goods in September 2025 were €1,208.0m as compared to €986,3m in September 2024, recording an increase of 22.5%. Imports from other EU Member States were €612.5m and from third countries €595.5m, compared to €633.6m and €352.7m respectively in September 2024. Imports in September 2025 include the transfer of economic ownership of vessels, with total value of €35.6m as compared to €30.4m in September 2024.
Total exports of goods in September 2025 were €497.4m as compared to €354.1m in September 2024, recording an increase of 40.5%. Exports to other EU Member States were €173.6m and to third countries €323,.8m, compared to €113.3m and €240.8m respectively in September 2024. Exports in September 2025 include the transfer of economic ownership of vessels, with total value of €108.0m as compared to €42.2m in September 2024.
Total imports of goods in January–September 2025 amounted to €10,111.1m as compared to €8,768.0m in January–September 2024, recording an increase of 15.3%. Total exports of goods in January-September 2025 were €4,226.9m compared to €3,981.0m in January-September 2024, registering an increase of 6.2%.
The trade deficit was €5,884.2m in January–September 2025 compared to €4,787.0m in the corresponding period of 2024.
August 2025, final data
Meanwhile, total imports of goods amounted to €1,116.7m in August 2025 as compared to €981.8m in August 2024, recording an increase of 13.7%.
Exports of domestically produced products, including stores and provisions for ships and aircraft, were €399.1m in August 2025 as compared to €193.9m in August 2024, recording an increase of 105.8%.
Domestic exports of industrial products, excluding stores and provisions for ships and aircraft, were €392.6m in August 2025 compared to €186.4m in August 2024. Domestic exports of agricultural products, excluding stores and provisions for ships and aircraft, were €5.8m in August 2025 compared to €6.8m in August 2024.
Exports of foreign products, including stores and provisions for ships and aircraft, were €132.4m in August 2025 as compared to €96,9m in August 2024, recording an increase of 36.6%.
Main categories of exports of domestically produced goods for the period January-August 2025 (excl. stores and provisions for ships and aircraft), were mineral fuels and oils with value €1,667.6m, halloumi cheese with €262.9m and pharmaceutical products with €228.9m.
(Source: CNA)
