The trade deficit for the period between January–March 2025 showed an annual increase according to CySTAT.
It said that the trade deficit was €1.846,4m in January–March 2025, compared to €1.709,7m in the corresponding period of 2024.
March 2025 - Provisional data
Total imports of goods in March 2025 were €1.021,2m as compared to €828,1m in March 2024, recording an increase of 23,3%. Imports from other EU member states were €586,0m and from third countries €435,2m, compared to €567,0m and €261,1m, respectively, in March 2024. Imports in March 2025 include the transfer of economic ownership of vessels, with total value of €53,7m as compared to €9,5m in March 2024.
Total exports of goods in March 2025 were €409,0m as compared to €263,1m in March 2024, recording an increase of 55,5%. Exports to other EU member states were €102,8m and to third countries €306,2m, compared to €115,5m and €147,6m respectively in March 2024. Exports in March 2025 include the transfer of economic ownership of vessels, with total value of €35,8m as compared to €36,6m in March 2024.
Total imports of goods in January–March 2025 amounted to €3.190,5m as compared to €2.558,8m in January–March 2024, recording an increase of 24,7%. Total exports of goods in January-March 2025 were €1.344,1m compared to €849,1m in January-March 2024, registering an increase of 58,3%.
The trade deficit was €1.846,4m in January–March 2025 compared to €1.709,7m in the corresponding period of 2024.
February 2025- Final Data
Total imports of goods amounted to €1.035,4m in February 2025 as compared to €863,7m in February 2024, recording an increase of 19,9%.
Exports of domestically produced products, including stores and provisions for ships and aircraft, were €321,6m in February 2025 as compared to €120,5m in February 2024, recording an increase of 166,9%.
Domestic exports of industrial products, excluding stores and provisions for ships and aircraft, were €311,1m in February 2025 compared to €111,5m in February 2024. Domestic exports of agricultural products, excluding stores and provisions for ships and aircraft, were €9,5m in February 2025 compared to €7,9m in February 2024.
Exports of foreign products, including stores and provisions for ships and aircraft, were €173,0m in February 2025 as compared to €153,6m in February 2024, recording an increase of 12,6%, CySTAT said.
(Source: CNA)
