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- Ελληνικά
January 2024, Preliminary Data
Total imports of goods in January 2024 were €848.1 million compared to €1,735.1 million in January 2023, a decrease of 51.1%. Imports from other European Union (EU) member states were €510.7 million and from third countries €337.4 million, compared to €529.1 million and €1,206.0 million respectively in January 2023. Imports in January 2024 include the transfer of economic ownership of ships worth €65.2 million compared to €936.3 million in January 2023.
Total goods exports in January 2024 were €281.5 million compared to €315.2 million in January 2023, a decrease of 10.7%. Exports to other EU member states were €103.5 million and to third countries €178.1 million, compared with €69.8 million and €245.4 million respectively in January 2023. January 2024 exports include the transfer of economic ownership of ships and aircraft worth €69.5 million, compared with €107.5 million in January 2023.
The trade deficit was €566.5 million for January 2024, compared with €1,419.9 million in January 2023.
December 2023, Final Data
Total imports of goods were €928.4 million in December 2023 compared to €847.3 million in December 2022, an increase of 9.6%.
Exports of domestically produced goods, including ship and aircraft supplies, for December 2023 were €216.9 million compared to €103.9 million in December 2022, recording an increase of 108.8%. The value of exports of manufactured goods for December 2023 was €208.3 million compared to €95.7 million in December 2022, while the value of exports of agricultural products for December 2023 was €7.6 million.
Foreign merchandise exports, including ship and aircraft supplies, for December 2023 were €173.0 million compared to €489.4 million in December 2022, a decrease of 64.7%.
Foreign merchandise exports, including ship and aircraft supplies, for December 2023 were €173.0 million compared to €489.4 million in December 2022.
More data are published in the monthly publication "Intra-EU and Trade Statistics with Third Countries (Summary Data) - December 2023", as well as in the CYSTAT-DB database, under the Foreign Trade subtopic.
| Table |
[TR] [TD]
Year and Month
[/TD] [TD]Total Imports
[/TD] [TD]Total Exports
[/TD] [TD]Total Exports
[/TD] [TD]Total Exports
[/TD] [/TR] [TR] [TD]€000's
[/TD] [TD]€000's
[/TD] [/TR] [TR] [TD]2024
[/TD] [TD][/TD] [TD] [/TD] [/TR] [TR] [TD]
January
[/TD] [TD]848.084
[/TD] [TD]281.549
[/TD] [/TR] [TR] [TD]2023
[/TD] [TD] [/TD] [TD] [/TD] [/TR] [TR] [TD]
January - December
[/TD] [TD]12.948,896
[/TD] [/TD] [TD]4,686,283
[/TD] [/TR] [TR] [TD]December
[/TD] [TD]928,391
[/TD] [TD]389,869
[/TD] [/TR] [TR] [TD]November
[/TD] [TD]1.078,279
[/TD] [TD]745,267
[/TD] [/TR] [TR] [TD]October
[/TD] [TD]1,037,892
[/TD] [TD]282,069
[/TD] [/TR] [TR] [TD]September
[/TD] [TD]1.083,597
[/TD] [TD]443,537
[/TD] [/TR] [TR] [TD]August
[/TD] [TD]1,223,514
[/TD] [TD]422,252
[/TD] [/TR] [TR] [TD]July
[/TD] [TD]1.102,309
[/TD] [TD]386,406
[/TD] [/TR] [TR] [TD]June
[/TD] [TD]1,059,482
[/TD] [TD]321,007
[/TD] [/TR] [TR] [TD]May
[/TD] [TD]1,000.007
[/TD] [TD]421.788
[/TD] [/TR] [TR] [TD]April
[/TD] [TD]915.458
[/TD] [TD]323.297
[/TD] [/TR] [TR] [TD]March
[/TD] [TD]1.014.401
[/TD] [TD]374,778
[/TD] [/TR] [TR] [TD]February
[/TD] [TD]770,478
[/TD] [TD]260,800
[/TD] [/TR] [TR] [TD]January
[/TD] [TD]1.735,090
[/TD] [TD]315,213
[/TD] [/TR] [TR] [TD]Note: Import and export figures for the year 2023 have been revised. Data for January 2024 are preliminary.
[/TD] [/TR] [/TR]
Methodological Information
Statistical Value
The statistical value is the value of goods at the time and place where the goods cross the borders of Cyprus.
Domestically Produced and Foreign Produced Goods
Domestically produced goods are goods that are wholly produced in Cyprus or goods that were produced in another country, but the last economically substantial processing or working took place in Cyprus that led to the manufacture of a new product or represents an important stage in the manufacturing process. Goods which were originally imported and have undergone a repair or other non-substantial process which does not substantially change them are not defined as domestic.
Foreign goods are goods which were produced in a country other than Cyprus and derived goods which have undergone substantial processing in a country other than Cyprus which gave them origin in that country.
Trading Partner
Intra-EU exports and exports to third countries are compiled on the basis of the EU Member State and the country of final destination respectively, i.e.
The trading partner for imports from third countries is the country of origin of the goods, i.e. the country in which the goods are wholly produced. A good, the production of which involves two or more countries, originates in the country in which the last economically substantial processing or working leading to the manufacture of a new product took place or represents a significant stage in the manufacturing process.
The trading partner for intra-EU imports is the Member State of origin of the goods.
The United Kingdom is included in trade with third countries. Imports from the United Kingdom are recorded on the basis of country of origin until 31 December 2020.
From January 2021 onwards, for trade with Northern Ireland, imports are recorded on the basis of country of origin, while for trade with the United Kingdom (excluding Northern Ireland) imports are recorded on the basis of country of origin. For these reasons, import statistics from the United Kingdom are not fully comparable with those of other third countries for the periods before and after the end of 2020.
Mobile transport equipment
Mobile transport equipment refers to ships and aircraft.
For more information, interested parties can visit the Statistics Service Portal, under Foreign Trade, CYSTAT-DB (Database), Predefined Tables (Excel), Publications, Methodological Information, or contact Mr. Sofronis Viki at 22 602206, tel. svikis@cystat.mof.gov.cy or Ms. Ioanna Leontiou at telephone 22 605122, e-mail: ileontiou@cystat.mof.gov.cy.
The Predefined Tables in Excel format include data up to December 2022. For January 2023 and thereafter, the update is done only in the CYSTAT-DB Database.
(GG/AF)
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