Nicosia, Cyprus. Cyprus’ trade deficit widened during the first four months of 2026, according to figures released by the Cyprus Statistical Service, as imports increased and exports declined compared with the same period last year. The deficit reached €3.05 billion in the January to April 2026 period, up from €2.67 billion in the corresponding period of 2025.
April imports rise
According to provisional figures for April 2026, total imports of goods amounted to €1.37 billion, an increase of 15.1 per cent compared with €1.19 billion in April 2025.
Imports from other EU member states stood at €645.30 million, down from €740.80 million a year earlier. Imports from third countries rose to €725.40 million, compared with €449.90 million in April 2025.
Cystat said April’s import figures included the transfer of economic ownership of vessels valued at €240.40 million, compared with €100.40 million in the same month of 2025.
April exports decline
Total exports of goods in April fell by 7.6 per cent to €363.60 million, from €393.60 million a year earlier.
Exports to EU countries reached €119.60 million, up from €109.20 million in April 2025. Exports to third countries declined to €244.00 million, compared with €284.40 million recorded a year earlier.
Exports in April also included vessel ownership transfers worth €33.80 million, slightly higher than the €32.80 million registered in April 2025.