Cyprus’ trade deficit widened to EUR 1,007.0 million in April 2026 from EUR 797.2 million a year earlier, according to preliminary estimates. This marked the largest trade deficit since December 2024, as imports rose while exports fell. Total imports jumped 15.1% year-on-year to an over one-year high of EUR 1,370.7 million, lifted by higher purchases from non-EU countries, which climbed 61.2%, while EU imports decreased 12.9%. Imports included the transfer of economic ownership of vessels valued at EUR 240.4 million, up from EUR 146.2 million in April last year. Meanwhile, total exports declined 7.6% to EUR 363.6 million, weighed by reduced shipments to non-EU countries, which dropped 14.2%, offsetting an increase in exports to EU markets of 9.6%. Vessel transfers were valued at EUR 33.8 million, compared with EUR 32.8 million in April 2025. From January to April 2026, the trade shortfall increased to EUR 3,057.1 million from EUR 2,674.6 million in the corresponding period of 2025. source: Statistical Service of the Republic of Cyprus

Cyprus recorded a trade deficit of 1007032 EUR Thousand in April of 2026. Balance of Trade in Cyprus averaged -253013.85 EUR Thousand from 1975 until 2026, reaching an all time high of 164864.00 EUR Thousand in April of 2024 and a record low of -1436299.00 EUR Thousand in January of 2023. This page provides - Cyprus Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Cyprus recorded a trade deficit of 1007032 EUR Thousand in April of 2026. Balance of Trade in Cyprus is expected to be -484000.00 EUR Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Balance of Trade is projected to trend around -1078000.00 EUR Thousand in 2027 and -1151000.00 EUR Thousand in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-11 09:00 AM
Balance of Trade
Mar €-703.8M €-876.1M € -666M
2026-06-09 09:00 AM
Balance of Trade
Apr €-1,007.0M €-705.0M €-680.0M
2026-07-10 09:00 AM
Balance of Trade
May €-1,007.0M



Components Last Previous Unit Reference
Exports 363647.00 506052.00 EUR Thousand Apr 2026
Imports 1370679.00 1211089.00 EUR Thousand Apr 2026

Related Last Previous Unit Reference
Balance of Trade -1007032.00 -705037.00 EUR Thousand Apr 2026
Tourism Revenues 85600.00 85300.00 EUR Thousand Mar 2026
Tourist Arrivals 303031.00 139198.00 Apr 2026


Cyprus Balance of Trade
Trade is an integral part of the recent economic success of Cyprus, as the island nation falls short of being self-sufficient for food and fuel. As such, Cyprus is a net importer of fuels, raw materials, heavy machinery and transportation equipment. Cyprus mostly exports citrus fruits, cement, potatoes, clothing and pharmaceuticals. Cyprus' largest, and most important, trading partner is the European Union, which accounts for 50% of all Cypriot trade flows, followed by the Middle East, destination for 20% of exports from Cyprus. In the European Union, the UK and Greece account for the largest share of trade due to historical connections. Recent discoveries of offshore gas will likely diminish Cyprus' need for importing energy and lead to a shift in the composition of its exports.
Actual Previous Highest Lowest Dates Unit Frequency
-1007032.00 -705037.00 164864.00 -1436299.00 1975 - 2026 EUR Thousand Monthly

News Stream
Cyprus Posts Largest Trade Deficit in Over a Year
Cyprus’ trade deficit widened to EUR 1,007.0 million in April 2026 from EUR 797.2 million a year earlier, according to preliminary estimates. This marked the largest trade deficit since December 2024, as imports rose while exports fell. Total imports jumped 15.1% year-on-year to an over one-year high of EUR 1,370.7 million, lifted by higher purchases from non-EU countries, which climbed 61.2%, while EU imports decreased 12.9%. Imports included the transfer of economic ownership of vessels valued at EUR 240.4 million, up from EUR 146.2 million in April last year. Meanwhile, total exports declined 7.6% to EUR 363.6 million, weighed by reduced shipments to non-EU countries, which dropped 14.2%, offsetting an increase in exports to EU markets of 9.6%. Vessel transfers were valued at EUR 33.8 million, compared with EUR 32.8 million in April 2025. From January to April 2026, the trade shortfall increased to EUR 3,057.1 million from EUR 2,674.6 million in the corresponding period of 2025.
2026-06-09
Cyprus Trade Shortfall Widens in March
Cyprus’ trade deficit widened to EUR 703.8 million in March 2026 from EUR 609.7 million a year earlier. Total imports jumped 11.6% year-on-year to EUR 1,210.7 million, lifted by higher purchases from EU countries, which rose 9.6% to EUR 710 million, and non-EU imports advancing by 14.6% to EUR 500.7 million. Imports included the transfer of economic ownership of vessels valued at EUR 20.3 million, down from EUR 84.2 million in March last year. Meanwhile, total exports increased by 6.7% to EUR 506.9 million, driven by higher shipments to EU countries, which grew by 8.4% to EUR 117.7 million, and non-EU markets, up 6.2% to EUR 389.2 million. Vessel transfers were valued at EUR 41.2 million, compared with EUR 98.1 million in March 2025.
2026-05-11
Cyprus Trade Deficit Widens
Cyprus recorded a trade deficit of €871.2 million in February of 2026, widening form the €560.2 million gap in the corresponding period of the previous year amid a plunge in exports. Exports sank to €244.3 million from €496.2 million, marking the lowest in five years amid a plunge in exports to countries outside the EU. In turn, imports rose to €1.115 billion form €1.056 billion.
2026-04-09