The trade deficit of Cyprus increased on an annual basis during the period January–September 2025. According to the Statistical Service, the trade deficit reached €5,884.2 million for the first nine months of 2025, compared to €4,787.0 million in the same period of 2024.

During January–September 2025, total imports of goods reached €10,111.1 million, up from €8,768.0 million in the same period of 2024 — an increase of 15.3%.

Total exports for the same period rose to €4,226.9 million from €3,981.0 million in 2024, recording a 6.2% increase.

As a result, Cyprus’ trade deficit widened to €5,884.2 million for January–September 2025, compared with €4,787.0 million in the same period of 2024.

Total imports of goods in September 2025 amounted to €1,208.0 million, compared to €986.3 million in September 2024 — marking an increase of 22.5%.

Imports from other EU Member States were valued at €612.5 million, while imports from third countries reached €595.5 million, compared with €633.6 million and €352.7 million respectively in September 2024.

September 2025 imports included economic ownership transfers of ships worth €35.6 million, compared with €30.4 million in September 2024.

Total exports of goods in September 2025 were €497.4 million, compared to €354.1 million in September 2024, showing a strong increase of 40.5%.

Exports to EU Member States stood at €173.6 million, and exports to third countries at €323.8 million, compared with €113.3 million and €240.8 million respectively in September 2024.

September 2025 exports also included economic ownership transfers of ships amounting to €108.0 million, versus €42.2 million a year earlier.

The main categories of domestically produced exports (excluding ship and aircraft provisions) for the period January–August 2025 were:

• Mineral fuels and oils – €1,667.6 million

• Halloumi cheese – €262.9 million

• Pharmaceutical products – €228.9 million

Total imports of goods reached €1,116.7 million in August 2025, compared to €981.8 million in August 2024 — an increase of 13.7%.

Exports of domestically produced goods, including ship and aircraft stores and provisions, amounted to €399.1 million in August 2025, compared to €193.9 million in August 2024 — a substantial 105.8% increase.

The value of domestic exports of industrial products (excluding ship and aircraft provisions) was €392.6 million in August 2025, compared with €186.4 million a year earlier.

Meanwhile, domestic exports of agricultural products (excluding ship and aircraft provisions) totalled €5.8 million, compared to €6.8 million in August 2024.

Exports of foreign goods, including ship and aircraft supplies, reached €132.4 million in August 2025, compared to €96.9 million in August 2024 — an increase of 36.6%.