Cyprus’ trade deficit widened to EUR 608.2 million in June 2025 from EUR 467.8 million in the corresponding month of the previous year. Total imports surged 21.1% year-on-year to EUR 1,114.7 million, supported by higher purchases from both non-EU (+43.9%) and the EU (+6.1%). Meanwhile, exports rose 11.9% to EUR 506.5 million, mainly due to the increase in shipments to both non-EU countries (+12.4%) and the EU (+10.7%). source: Statistical Service of the Republic of Cyprus

Cyprus recorded a trade deficit of 608200 EUR Thousand in June of 2025. Balance of Trade in Cyprus averaged -246255.46 EUR Thousand from 1975 until 2025, reaching an all time high of 158661.00 EUR Thousand in March of 2018 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 September of 2025.

Cyprus recorded a trade deficit of 608200 EUR Thousand in June of 2025. Balance of Trade in Cyprus is expected to be -619000.00 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 -997000.00 EUR Thousand in 2026 and -1078000.00 EUR Thousand in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-10 09:00 AM
Balance of Trade
May €-682.1M €-771M €-700.0M
2025-08-11 09:00 AM
Balance of Trade
Jun €-608.2M €-684.1M €-402.0M
2025-09-09 09:00 AM
Balance of Trade
Jul €-608.2M €-675.0M

Components Last Previous Unit Reference
Exports 506511.00 321280.00 EUR Thousand Jun 2025
Imports 1114711.00 1005415.00 EUR Thousand Jun 2025

Related Last Previous Unit Reference
Balance of Trade -608200.00 -684135.00 EUR Thousand Jun 2025
Tourism Revenues 373300.00 304200.00 EUR Thousand May 2025
Tourist Arrivals 498527.00 479160.00 Jun 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
-608200.00 -684135.00 158661.00 -1436299.00 1975 - 2025 EUR Thousand Monthly

News Stream
Cyprus Trade Deficit Widens Sharply in June
Cyprus’ trade deficit widened to EUR 608.2 million in June 2025 from EUR 467.8 million in the corresponding month of the previous year. Total imports surged 21.1% year-on-year to EUR 1,114.7 million, supported by higher purchases from both non-EU (+43.9%) and the EU (+6.1%). Meanwhile, exports rose 11.9% to EUR 506.5 million, mainly due to the increase in shipments to both non-EU countries (+12.4%) and the EU (+10.7%).
2025-08-11
Cyprus Trade Deficit Narrows in May
Cyprus’ trade deficit narrowed to EUR 682.1 million in May 2025 from EUR 716.4 million in the corresponding month of the previous year. Total imports fell by 5.5% year-on-year to EUR 1,001.8 million, amid reduced purchases from both non-EU countries (-5.9%) and the EU (-5.2%). Meanwhile, exports declined by 7% to EUR 319.7 million, mainly due to a 15.7% drop in shipments to non-EU countries. In contrast, exports to the EU increased by 16.1%.
2025-07-10
Cyprus Trade Deficit Widens in March
Cyprus’ trade deficit widened to EUR 612.2 million in March 2025, up from EUR 565.0 million in the same month last year. Total imports surged 23.3% year-on-year to EUR 1,021.2 million, driven primarily by a 66.7% jump in imports from non-EU countries, while imports from the EU rose a more modest 3.3%. Exports also saw strong growth, rising 55.4% to EUR 409.0 million, largely due to a 107.5% surge in shipments to non-EU markets. However, exports to the EU declined by 11.1%, partially offsetting the overall gains.
2025-05-12