Press Releases

The Statistical Service of Cyprus announces the release of final data on the foreign trade of Cyprus, for May 2022 and of provisional data for June 2022.

FOREIGN TRADE STATISTICS, MAY 2022

The main developments in the foreign trade of Cyprus in May 2022 were:

(a) Total imports of goods (from EU Member States and from third countries) amounted to €1.152,8 mn in May 2022 as compared to €668,1 mn in May 2021, recording an increase of 72,5%.

(b) Exports of domestically produced products, including stores and provisions, in May 2022 were €209,3 mn as compared to €125,6 mn in May 2021, recording an increase of 66,6%. Domestic exports of industrial products in May 2022 were €195,5 mn compared to €111,7 mn in May 2021, whilst domestic exports of agricultural products in May 2022 were €12,9 mn compared to €12,3 mn in May 2021.

(c) Exports of foreign products, including stores and provisions, in May 2022 were €210,0 mn as compared to €101,7 mn in May 2021, recording an increase of 106,5%.

The data are included in the monthly electronic publication “Intra & Extra EU Trade Statistics (Summarised Data)” for May 2022, which is available free of charge οn the CYSTAT portal, under the section “Publications” in the statistical theme External Trade.

FOREIGN TRADE STATISTICS, JUNE 2022

On the basis of provisional data, the main developments in the foreign trade of Cyprus in June 2022 can be summarized as follows:

(a) Total imports of goods were €1.195,5 mn as compared to €765,7 mn in June 2021, recording an increase of 56,1%. Imports from other EU Member States in June 2022 were €570,9 mn and from third countries €624,6 mn, compared to €486,2 mn and €279,5 mn respectively in June 2021. Imports in June 2022 include the transfer of economic ownership of mobile transport equipment (vessels and aircrafts), with total value of €364,9 mn as compared to €113,4 mn in June 2021.

(b) Total exports of goods in June 2022 were €292,1 mn as compared to €296,6 mn in June 2021, recording a decrease of 1,5%. Exports to other EU Member States in June 2022 were €105,7 mn and to third countries €186,4 mn, compared to €84,2 mn and €212,4 mn respectively in June 2021. Exports in June 2022 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €39,3 mn as compared to €80,5 mn in June 2021.

(c) Total imports of goods (from EU Member States and from third countries) in January – June 2022 amounted to €5.664,3 mn as compared to €4.059,9 mn in January – June 2021, recording an increase of 39,5%. Total exports of goods (to EU Member States and to third countries) in January – June 2022 were €1.803,8 mn compared to €1.325,0 mn in January – June 2021, registering an increase of 36,1%. The trade deficit was €3.860,6 mn in January – June 2022 compared to €2.734,9 mn in the corresponding period of 2021.

For more information:

CYSTAT Portal, subtheme External Trade, CYSTAT-DB (Online Database), Predefined Tables (Excel), Publications

(NG/SCH)