Cyprus: Foreign Trade Statistics: October 2024 and November 2024

Cyprus: Foreign Trade Statistics: October 2024 and November 2024

Total imports of goods in November 2024 were €1.128,7 mn as compared to €1.098,6 mn in November 2023, recording an increase of 2,7%. Imports from other EU Member States were €620,2 mn and from third countries €508,5 mn, compared to €638,1 mn and €460,5 mn respectively in November 2023. Imports in November 2024 include the transfer of economic ownership of vessels, with total value of €138,8 mn as compared to €124,2 mn in November 2023.

Total exports of goods in November 2024 were €376,5 mn as compared to €745,8 mn in November 2023, recording a decrease of 49,5%. Exports to other EU Member States were €77,7 mn and to third countries €298,8 mn, compared to €84,7 mn and €661,1 mn respectively in November 2023. Exports in November 2024 include the transfer of economic ownership of vessels, with total value of €54,2 mn as compared to €417,3 mn in November 2023.

Total imports of goods in January–November 2024 amounted to €10.900,7 mn as compared to €12.225,6 mn in January–November 2023, recording a decrease of 10,8%. Total exports of goods in January-November 2024 were €3.761,1 mn compared to €4.317,0 mn in January-November 2023, registering a decrease of 12,9%. The trade deficit was €7.139,6 mn in January–November 2024 compared to €7.908,7 mn in the corresponding period of 2023.

Cyprus: Foreign Trade Statistics: October 2024 and November 2024

October 2024, Final Data

Total imports of goods amounted to €1.223,8 mn in October 2024 as compared to €1.057,0 mn in October 2023, recording an increase of 15,8%.

Exports of domestically produced products, including stores and provisions, in October 2024 were €295,7 mn as compared to €165,7 mn in October 2023, recording an increase of 78,5%. Domestic exports of industrial products in October 2024 were €288,5 mn compared to €160,0 mn in October 2023, whilst domestic exports of agricultural products in October 2024 were €5,9 mn compared to €4,2 mn in October 2023.

Exports of foreign products, including stores and provisions, in October 2024 were €147,3 mn as compared to €116,1 mn in October 2023, recording an increase of 26,9%.

Cyprus: Foreign Trade Statistics: October 2024 and November 2024

More data are published in the monthly publication ‘Intra – Extra EU Trade Statistics (Summarised Data) – October 2024’ and in the online database CYSTAT-DB, under the subtheme External Trade.

Table

Year and Month

Total Imports

Total Exports

€000’s

€000’s

2024

 

 

 

 

November     1.128.716           376.486
October     1.223.783           442.950
September        951.889           350.508
August        966.550           276.716
July     1.052.834           327.116
June        905.628           450.447
May     1.047.982           340.793
April     1.098.529           350.750
March        816.066           261.009
February        852.143           273.236
January        856.554           311.088
2023  

 

 

January – December            13.179.758       4.709.389
December         954.146           392.429
November               1.098.573           745.785
October               1.056.959                   281.770
September

  1.101.388

                   444.197
August               1.243.104                    422.799
July               1.117.523                    395.606
June               1.076.567                    321.856
May               1.015.991                    423.444
April                  932.823                    324.630
March               1.035.073                    376.672
February                  794.000                    262.520
January               1.753.611                    317.682
Note: Imports and exports data for September and October 2024 have been revised. Data for November 2024 are provisional.

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