Home cyprustimes.com (Κύπρος) January-August Trade Deficit Declines By An Annual 18.5%

January-August Trade Deficit Declines By An Annual 18.5%

January-August Trade Deficit Declines By An Annual 18.5%

Total exports of goods in January-August 2024 amounted to €2.59 billion compared to €2.84 billion in January-August 2023, registering a decrease of 9%


Cyprus’ trade deficit declined to €4.98 billion for the period of January to August 2024, registering an annual reduction of 18.5% compared with €6.12 billion in the respective period of last year.

According to provisional data released on Thursday by the Statistical Service of Cyprus (Cystat) total imports for January – August 2024 declined by 15.5% to €7.57 billion compared to €8.96 billion in the respective period of last year.

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