Cyprus recorded a drop in imports at the start of the year. New figures show total imports of goods in January 2024 were €848,1 mn as compared to €1.735,1 mn in January 2023, recording a decrease of 51,1%.
Imports from other EU member states were €510,7 mn and from third countries €337,4 mn, compared to €529,1 mn and €1.206,0 mn respectively in January 2023.
Total exports of goods in January 2024 were €281,5 mn as compared to €315,2 mn in January 2023, recording a decrease of 10,7%.
The trade deficit was €566,5 mn in January 2024 compared to €1.419,9 mn in the corresponding month of 2023.
