Cyprus’ trade deficit narrowed to EUR 713.9 million in December 2025 from EUR 1,010.1 million a year earlier. Total exports jumped 30.5% year-on-year to EUR 490.5 million, driven by higher shipments to EU countries, which surged 88.4% to EUR 182.7 million, and non-EU markets, up 10.3% to EUR 307.8 million. Exports included the transfer of economic ownership of vessels, valued at EUR 130.1 million, compared with EUR 51.4 million in December 2024. Meanwhile, total imports fell 13.1% to EUR 1,204.4 million, as non-EU imports declined sharply by 39.2% to EUR 415.1 million, while EU purchases rose 12.2% to EUR 789.3 million. Vessel transfers were valued at EUR 218.3 million, down from EUR 337.4 million a year earlier. For 2025, total imports rose 7.7% to EUR 13,551.8 million, exports gained 7.0% to EUR 5,550.4 million, widening the annual trade deficit to EUR 8,001.4 million from EUR 7,395.3 million in 2024. source: Statistical Service of the Republic of Cyprus

Cyprus recorded a trade deficit of 713938 EUR Thousand in December of 2025. Balance of Trade in Cyprus averaged -249207.12 EUR Thousand from 1975 until 2025, 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 February of 2026.

Cyprus recorded a trade deficit of 713938 EUR Thousand in December of 2025. Balance of Trade in Cyprus is expected to be -666000.00 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, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-09 10:00 AM
Balance of Trade
Nov €-631.3M €-762.8M €-680.0M
2026-02-09 10:00 AM
Balance of Trade
Dec €-713.9M €-615.1M € -936M
2026-03-12 10:00 AM
Balance of Trade
Jan €-713.9M

Components Last Previous Unit Reference
Exports 490505.00 428777.00 EUR Thousand Dec 2025
Imports 1204443.00 1043854.00 EUR Thousand Dec 2025

Related Last Previous Unit Reference
Balance of Trade -713938.00 -615077.00 EUR Thousand Dec 2025
Tourism Revenues 168000.00 458600.00 EUR Thousand Nov 2025
Tourist Arrivals 156959.00 234580.00 Dec 2025


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
-713938.00 -615077.00 164864.00 -1436299.00 1975 - 2025 EUR Thousand Monthly

News Stream
Cyprus Trade Deficit Narrows in December
Cyprus’ trade deficit narrowed to EUR 713.9 million in December 2025 from EUR 1,010.1 million a year earlier. Total exports jumped 30.5% year-on-year to EUR 490.5 million, driven by higher shipments to EU countries, which surged 88.4% to EUR 182.7 million, and non-EU markets, up 10.3% to EUR 307.8 million. Exports included the transfer of economic ownership of vessels, valued at EUR 130.1 million, compared with EUR 51.4 million in December 2024. Meanwhile, total imports fell 13.1% to EUR 1,204.4 million, as non-EU imports declined sharply by 39.2% to EUR 415.1 million, while EU purchases rose 12.2% to EUR 789.3 million. Vessel transfers were valued at EUR 218.3 million, down from EUR 337.4 million a year earlier. For 2025, total imports rose 7.7% to EUR 13,551.8 million, exports gained 7.0% to EUR 5,550.4 million, widening the annual trade deficit to EUR 8,001.4 million from EUR 7,395.3 million in 2024.
2026-02-09
Cyprus Trade Deficit at 3-Month Low
Cyprus’ trade deficit narrowed notably to EUR 631.3 million in November 2025 from EUR 778.5 million in the same month a year earlier, according to preliminary estimates. This marked the smallest trade gap since August, as exports rose by 6.3% year-on-year to EUR 407.1 million, supported mainly by stronger shipments to EU countries (28.16%) and a marginal increase to non-EU markets (0.27%). Total exports included the transfer of economic ownership of vessels, amounting to EUR 42.6 million, down from EUR 55.5 million in November 2024. Meanwhile, imports fell by 10.6% year-on-year to EUR 1,038.4 million, reflecting lower purchases from both EU countries (-9.4%) and non-EU countries (-12.15%). Imports also included vessel ownership transfers worth EUR 100 million, compared with EUR 138.7 million a year earlier. For the first eleven months of 2025, Cyprus’ trade deficit widened to EUR 7,284.3 million, from EUR 6,385.1 million in the corresponding period of 2024.
2026-01-09
Cyprus Trade Deficit Narrows in October
Cyprus’ trade deficit narrowed to EUR 764.4 million in October 2025 from EUR 819.7 million in the same month a year ago, as exports fell much faster than imports, preliminary estimates showed. Exports declined 13% year-on-year to EUR 388.9 million, dragged by lower sales to non-EU countries (-20.3%), while shipments to the EU increased (+14.1%. Total exports include the transfer of economic ownership of vessels, which amounted to EUR 46.1 million, down from EUR 52.9 million in October 2024. Imports fell 8.9% to EUR 1,153.3 million due to reduced purchases from non-EU countries (-18.7%), while arrivals from the EU rose slightly (+0.2%). Total imports also include the transfer of economic ownership of vessels, which totaled EUR 106.5 million, compared with EUR 82.5 million a year earlier. For the first ten months of 2025, Cyprus’ trade deficit widened to EUR 6,654.7 million from EUR 5,606.7 million in the corresponding period of 2024.
2025-12-10