Press Releases

The Statistical Service of Cyprus announces that it has published the monthly electronic publication “Intra & Extra EU Trade Statistics (by commodity and country)” for January 2020. It includes detailed quantity and value data on imports and exports of domestically produced goods and foreign goods, classified at the six digits commodity code level and by partner country.

The main developments in Cyprus foreign trade were:

(a) Total imports of goods (from EU Member States and from third countries) in January 2020 amounted to €704,1 mn as compared to €823,5 mn in January 2019, recording a decrease of 14,5%. Total exports of goods (to EU Member States and to third countries) in January 2020 were €220,1 mn compared to €534,9 mn in January 2019, registering a decrease of 58,9%. The trade deficit was €484,0 mn in January 2020 compared to €288,6 mn in the corresponding month of 2019.

Total imports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €109,0 mn as compared to €305,2 mn in January 2019. Total exports in January 2020 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €44,8 mn as compared to €409,0 mn in January 2019.

(b) Exports of domestically produced products, including stores and provisions, in January 2020 were €106,4 mn as compared to €74,3 mn in January 2019, whilst exports of foreign products, including stores and provisions, in January 2020 were €113,7 mn as compared to €460,6 mn in January 2019. Domestic exports of industrial products in January 2020 were €98,4 mn compared to €66,1 mn in January 2019. Domestic exports of agricultural productsin January 2020 were €6,2 mn compared to €6,3 mn in January 2019.

The monthly electronic publication “Intra & Extra EU Trade Statistics (by commodity and country)” for January 2020 is available for download free of charge from the website of the Statistical Service.

SS