Cyprus's trade deficit rose 22.4 percent on year to EUR 554 million in April of 2022. Imports rose 20.6 percent on year to EUR 837.9 million while exports went up at a softer 17.3 percent to EUR 283.9 million. source: Statistical Service of the Republic of Cyprus
Balance of Trade in Cyprus averaged -217861.13 EUR Thousand from 1975 until 2022, reaching an all time high of 158661 EUR Thousand in March of 2018 and a record low of -925949 EUR Thousand in May of 2016. 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 July of 2022.
Balance of Trade in Cyprus is expected to be -455000.00 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 -370000.00 EUR Thousand in 2023 and -365000.00 EUR Thousand in 2024, according to our econometric models.