Nicosia, Cyprus. Cyprus closed 2025 with a wider trade deficit, as a sharp rise in exports in December did not offset a notable drop in imports over the same month, according to foreign trade figures released on Monday.
December 2025 trade figures
The Cyprus Statistical Service (Cystat) reported that total imports of goods in December 2025 stood at €1.20 billion, compared with €1.39 billion in December 2024, a decrease of 13.1 per cent.
Imports from other EU member states amounted to €789.30 million, while imports from third countries reached €415.10 million, compared with €703.40 million and €682.70 million respectively a year earlier.
Imports in December 2025 included the transfer of economic ownership of vessels valued at €218.30 million, down from €337.40 million in December 2024.
Total exports of goods in December 2025 rose to €490.50 million, from €375.95 million in December 2024, an increase of 30.5 per cent.
Exports to other EU member states reached €182.70 million, while exports to third countries stood at €307.80 million, compared with €97.00 million and €279.00 million respectively in December 2024.
Exports in December 2025 included the transfer of economic ownership of vessels valued at €130.10 million, compared with €51.40 million a year earlier.
Full-year 2025 totals
For the period from January to December 2025, total imports of goods amounted to €13.55 billion, up from €12.58 billion in the corresponding period of 2024, an annual increase of 7.7 per cent.
Total exports of goods during 2025 reached €5.55 billion, compared with €5.19 billion in 2024, an increase of 7.0 per cent.
Trade deficit widens
The trade deficit widened to €8.00 billion in January to December 2025, from €7.40 billion in the same period of the previous year.
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