Cyprus’s trade balance deficit exceeded €8 billion in 2025

Cyprus’s trade balance deficit for the period from January to December 2025 amounted to €8.001 billion, increasing compared to €7.395 billion for the same period in 2024, according to preliminary data from the Statistical Service.

According to the statistics, the total volume of goods imports in 2025 reached €13.552 billion, compared with €12.582 billion in 2024. Thus, imports increased by 7.7%.

At the same time, goods exports for January–December 2025 amounted to €5.55 billion, compared with €5.187 billion a year earlier, showing an increase of 7.0%.

It is separately noted that in December 2025 imports of goods declined. According to preliminary data, they amounted to €1.204 billion, whereas in December 2024 they reached €1.386 billion, corresponding to a decrease of 13.1%.

The growth of imports and exports on an annual basis, despite the December decline, led to a further increase in the country’s trade deficit.