Foreign Trade Statistics: April 2025 (final data) and May 2025
From:
(provisional data)
May 2025, Provisional Data
Total imports of goods in May 2025 were €1.001,8 mn as compared to €1.060,1 mn in May 2024, recording a decrease of 5,5%. Imports from other European Union (EU) member states were €596,3 mn and from third countries €405,5 mn, compared to €629,4 mn and €430,7 mn respectively in May 2024. Imports in May 2025 include the transfer of economic ownership of vessels, with total value of €4,6 mn as compared to €88,1 mn in May 2024.
Total exports of goods in May 2025 were €319,7 mn as compared to €343,6 mn in May 2024, recording a decrease of 7,0%. Exports to other EU member states were €109,2 mn and to third countries €210,5 mn, compared to €94,0 mn and €249,6 mn respectively in May 2024. Exports in May 2025 include the transfer of economic ownership of vessels, with total value of €6,8 mn as compared to €68,6 mn in May 2024. Total imports of goods in January-May 2025 amounted to €5.372,0 mn as compared to €4.725,6 mn in January-May 2024, recording an increase of 13,7%. Total exports of goods in January-May 2025 were €2.116,0 mn compared to €1.545,1 mn in January-May 2024, registering an increase of 36,9%. The trade deficit was €3.256,0 mn in January-May 2025 compared to €3.180,5 mn in the corresponding period of 2024.
April 2025, Final Data
Total imports of goods amounted to €1.161,7 mn in April 2025 as compared to €1.106,8 mn in April 2024, recording an increase of 5,0%.
Exports of domestically produced products, including stores and provisions for ships and aircraft, were €277,0 mn in April 2025 as compared to €221,3 mn in April 2024, recording an increase of 25,2%.
Domestic exports of industrial products, excluding stores and provisions for ships and aircraft, were €262,5 mn in April 2025 compared to €205,6 mn in April 2024. Domestic exports of agricultural products, excluding stores and provisions for ships and aircraft, were €13,4 mn in April 2025 compared to €14,5 mn in April 2024.
Exports of foreign products, including stores and provisions for ships and aircraft, were €113,7 mn in April 2025 as compared to €131,1 mn in April 2024, recording a decrease of 13,3%.
More data are published in the monthly publication ‘Intra – Extra EU Trade Statistics (Summarised Data) – April 2025 and in the online database CYSTAT-DB, under the subtheme External Trade.
| Table | ||
| Year and Month | Total Imports | Total Exports |
| €000’s | €000’s | |
| 2025 | ||
| May | 1.001.778 | 319.685 |
| April | 1.161.651 | 390.694 |
| March | 1.038.590 | 471.571 |
| February | 1.036.121 | 493.484 |
| January | 1.133.873 | 440.555 |
| 2024 | 12.400.565 | 4.154.095 |
| December | 1.341.371 | 367.861 |
| November | 1.150.430 | 378.303 |
| October | 1.258.134 | 443.935 |
| September | 962.778 | 351.158 |
| August | 975.470 | 288.500 |
| July | 1.066.459 | 326.752 |
| June | 920.281 | 452.530 |
| May | 1.060.066 | 343.620 |
| April | 1.106.750 | 352.366 |
| March | 828.143 | 263.114 |
| February | 863.680 | 274.127 |
| January | 867.003 | 311.828 |
| Note: Imports data for the months February, March and April 2025 and exports data for the months March and April 2025 have been revised. Data for May 2025 are provisional. | ||
Methodological Information
Statistical Value
The statistical value is the value of the goods at the time and place they cross the border of Cyprus.
Domestic and Foreign Goods
Domestically produced goods are goods wholly obtained in Cyprus or goods produced in another country but their last economically substantial processing or processing that led to the manufacture of a new product or representing an important stage of manufacture, took place in Cyprus. Goods that were originally imported and have undergone repair or other minor operations which leave them essentially unchanged are not defined as domestic.
Foreign goods are goods which were not produced in the economic territory of Cyprus and compensating goods obtained under the outward processing procedure when such processing confers foreign origin.
Partner Country
Intra-EU exports and extra-EU exports are classified by the Member State of the EU and country of final destination of the goods, respectively. The last country to which the goods are known to be specifically directed on their outward movement from the reporting country is regarded as their final destination.
For extra-EU imports, the trading partner is the country of origin. In general, goods obtained entirely from a given country originate in that country. A product in the production of which two or more countries are involved, is considered as originating in the country in which the last substantial, economically justified transformation or processing took place, resulting in the manufacture of a new product or representing an important stage of manufacture.
For intra-EU imports, the trading partner is the Member State of consignment of the goods.
The United Kingdom is considered as an extra-EU partner country for the EU. Imports from the United Kingdom are recorded by country of consignment until 31 December 2020. As of January 2021 onwards, for trade with Northern Ireland imports are recorded by country of consignment while for trade with the United Kingdom (excluding Northern Ireland) imports are recorded by country of origin. For these reasons data on trade with the United Kingdom are not fully comparable with data on trade with other extra-EU trade partners for reference periods before and after the end of 2020.
For more information, visit the CYSTAT Portal, subtheme External Trade, CYSTAT-DB (Online Database), Publications, Methodological Information or contact Mr Sofronis Vikis at 22 602206 or via email: svikis@cystat.mof.gov.cy, or Ms Ioanna Leontiou at 226605122 or via email: ileontiou@cystat.mof.gov.cy.
(LY/NZ)