Announcement by the Cyprus Statistical Service
Foreign Trade Statistics – Dec 2023 (Final Data) and Jan 2024 (Provisional Data)
Total imports of goods in January 2024 were €848,1 mn as compared to €1.735,1 mn in January 2023, recording a decrease of 51,1%. Imports from other EU Member States were €510,7 mn and from third countries €337,4 mn, compared to €529,1 mn and €1.206,0 mn respectively in January 2023. Imports in January 2024 include the transfer of economic ownership of vessels, with total value of €65,2 mn as compared to €936,3 mn in January 2023.
Total exports of goods in January 2024 were €281,5 mn as compared to €315,2 mn in January 2023, recording a decrease of 10,7%. Exports to other EU Member States were €103,5 mn and to third countries €178,1 mn, compared to €69,8 mn and €245,4 mn respectively in January 2023. Exports in January 2024 include the transfer of economic ownership of vessels and aircrafts, with total value of €69,5 mn as compared to €107,5 mn in January 2023.
The trade deficit was €566,5 mn in January 2024 compared to €1.419,9 mn in the corresponding month of 2023.
