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Cyprus Business Now
March 24, 2023
Cyprus’ trade deficit for the period between January and December 2022 increased by €2 billion, marking a 34.5 per cent increase compared to the corresponding period in 2021.
According to data published by the Cyprus Statistical Service (Cystat) on Thursday, the trade deficit stood at €7.1 billion for the period between January and December 2022, compared to €5.27 billion in the corresponding period of 2021.
Moreover, the total imports of goods during this period reached €11.29 billion, which is a 30.5 per cent increase from €8.65 billion for the same period in 2021.