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[PIO] Foreign Trade Statistics, March 2022 (final data) and April 2022 (provisional data)

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The Statistical Office announces that the final data on Cyprus' foreign trade for March 2022 and the preliminary data for April 2022 are available.

Foreign Trade Statistics, March 2022

The main developments in Cyprus' foreign trade for March 2022 were.001.2 million in March 2022 compared to €596.5 million in March 2021, an increase of 67.8%.

(b) Exports of domestically produced goods, including ship and aircraft supplies, for March 2022 were €156.6 million compared to €120.3 million in March 2021, an increase of 30.2%. The value of exports of industrial products for March 2022 was €146.1 million compared to €109.5 million in March 2021, while the value of exports of agricultural products for March 2022 was €9.9 million compared to €9.5 million in March 2021.

(c) Foreign merchandise exports, including ship and aircraft supplies, for March 2022 were €115.0 million compared to €103.1 million in March 2021, an increase of 11.5%.

The data are included in the monthly electronic report "Intra-EU and Third Country Trade Statistics (Summary Data)" for the month of March 2022, which is available free of charge on the Statistical Office's web portal, in the Publications section, under the statistical subtopic Foreign Trade.

Foreign Trade Statistics, April 2022

Based on preliminary data, the main developments in Cyprus' foreign trade for April 2022 can be summarized as follows.

(a) Total imports of goods were €838.0 million compared to €694.8 million in April 2021, recording an increase of 20.6%. Imports from other EU Member States in April 2022 were €527.9 million and imports from third countries were €310.0 million, compared with €495.5 million and €199.3 million respectively in April 2021. Imports in April 2022 include the transfer of economic ownership of mobile transport equipment (ships and aircraft), with a total value of €35.8 million compared to €84.9 million in April 2021.

(b) Total goods exports in April 2022 were €283.9 million compared to €242.1 million in April 2021, an increase of 17.3%. Exports to other EU Member States in April 2022 were €83.7 million and to third countries €200.2 million, compared to €82.1 million and €160.0 million respectively in April 2021. Exports in April 2022 included the transfer of economic ownership of mobile transport equipment (ships), with a total value of €35.5 million compared to €43.2 million in April 2021.

(c) Total imports of goods (from EU Member States and third countries) for January - April 2022 were €3,317.5 million compared to €2,626.1 million for January - April 2021, an increase of 26.3%. Total exports of goods (to EU Member States and third countries) for the period January - April 2022 were €1,076.5 million compared to €801.1 million for the period January - April 2021, an increase of 34.4%. The trade deficit was €2,240.9 million for the period January - April 2022 compared with €1,825.0 million for the same period in 2021.

For more information:

Statistics Service Portal, External Trade, CYSTAT-DB (Database), Predefined Tables (Excel), Publications.

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