Press Releases

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

Foreign Trade Statistics – June 2022

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

(a)  Total imports of goods (from EU Member States and from third countries) amounted to €1.199,6 mn in June 2022 as compared to €765,7 mn in June 2021, recording an increase of 56,7%.

(b)  Exports of domestically produced products, including stores and provisions, in June 2022 were €138,0 mn as compared to €145,5 mn in June 2021, recording a decrease of 5,2%. Domestic exports of industrial products in June 2022 were €128,5 mn compared to €138,2 mn in June 2021, whilst domestic exports of agricultural products in June 2022 were €8,4 mn compared to €6,1 mn in June 2021.

(c)  Exports of foreign products, including stores and provisions, in June 2022 were €155,3 mn as compared to €151,1 mn in June 2021, recording an increase of 2,8%.

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

Foreign Trade Statistics – July 2022

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

(a)  Total imports of goods were €1.027,4 mn as compared to €782,3 mn in July 2021, recording an increase of 31,3%. Imports from other EU Member States in July 2022 were €595,4 mn and from third countries €432,1 mn, compared to €557,9 mn and €224,3 mn respectively in July 2021. Imports in July 2022 include the transfer of economic ownership of mobile transport equipment (vessels and aircrafts), with total value of €100,7 mn as compared to €75,3 mn in July 2021.

(b)  Total exports of goods in July 2022 were €416,2 mn as compared to €352,1 mn in July 2021, recording an increase of 18,2%. Exports to other EU Member States in July 2022 were €101,3 mn and to third countries €314,9 mn, compared to €94,1 mn and €258,1 mn respectively in July 2021. Exports in July 2022 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €130,4 mn as compared to €121,1 mn in July 2021.

(c)  Total imports of goods (from EU Member States and from third countries) in January – July 2022 amounted to €6.700,1 mn as compared to €4.842,2 mn in January – July 2021, recording an increase of 38,4%. Total exports of goods (to EU Member States and to third countries) in January – July 2022 were €2.238,9 mn compared to €1.677,1 mn in January – July 2021, registering an increase of 33,5%. The trade deficit was €4.461,2 mn in January – July 2022 compared to €3.165,1 mn in the corresponding period of 2021.

For more information:

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

(MV/ECHR)