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, with amounted to EUR 46.1 million, down from EUR 52.9 million in October 2024.
Imports dropped 8.9% to EUR 1,153.3 million amid reduced purchases from non-EU countries (-18.7%), while arrivals from the EU slightly rose (-0.2%).
Total imports also include the transfer of economic ownership of vessels, which totaled EUR 106.5 million, down from EUR 82.5 million in the previous year.
For the first ten months of 2025, the country’s trade deficit widened to EUR 6,654.7 million from EUR 5,606.7 million in the corresponding period of 2024.