Press Releases

The Statistical Service of Cyprus announces the release of final data on the foreign trade of Cyprus for July 2021 and of provisional data for August 2021.

FOREIGN TRADE STATISTICS: JULY 2021

The main developments in the foreign trade of Cyprus in July 2021 were:

(a)          Total imports of goods (from EU Member States and from third countries) amounted to €796,4 mn in July 2021 as compared to €676,1 mn in July 2020, recording an increase of 17,8%.

(b)          Exports of domestically produced products, including stores and provisions, in July 2021 were €149,4 mn as compared to €129,1 mn in July 2020, recording an increase of 15,7%. Domestic exports of industrial products in July 2021 were €143,6 mn compared to €121,3 mn in July 2020, whilst domestic exports of agricultural products in July 2021 were €4,4 mn compared to €5,5 mn in July 2020.

(c)          Exports of foreign products, including stores and provisions, in July 2021 were €181,5 mn as compared to €84,4 mn in July 2020, recording an increase of 115,0%.

The data are included in the monthly electronic publication “Intra & Extra EU Trade Statistics (Summarised Data)” for July 2021, which is available free of charge from the website of the Statistical Service, under the section “Publications” in the statistical theme Foreign Trade.

FOREIGN TRADE STATISTICS: AUGUST 2021

On the basis of provisional data, the main developments in the foreign trade of Cyprus in August 2021 can be summarized as follows:

(a)          Total imports of goods were €665,8 mn as compared to €496,9 mn in August 2020, recording an increase of 34,0%. Imports from other EU Member States in August 2021 were €440,2 mn and from third countries €225,5 mn, compared to €333,2 mn and €163,7 mn respectively in August 2020. Imports in August 2021 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €90,1 mn as compared to €30,3 mn in August 2020.

(b)          Total exports of goods in August 2021 were €283,0 mn as compared to €199,8 mn in August 2020, recording an increase of 41,6%. Exports to other EU Member States in August 2021 were €52,8 mn and to third countries €230,2 mn, compared to €58,1 mn and €141,7 mn respectively in August 2020. Exports in August 2021 include the transfer of economic ownership of mobile transport equipment (vessels), with total value of €96,3 mn as compared to €44,6 mn in August 2020. 

(c)          Total imports of goods (from EU Member States and from third countries) in January – August 2021 amounted to €5.480,4 mn as compared to €4.821,1 mn in January – August 2020, recording an increase of 13,7%. Total exports of goods (to EU Member States and to third countries) in January – August 2021 were €1.931,9 mn compared to €1.959,2 mn in January – August 2020, registering a decrease of 1,4%. The trade deficit was €3.548,5 mn in January – August 2021 compared to €2.861,8 mn in the corresponding period of 2020.

(NG/IK)