Cyprus' foreign trade registered a significant increase in the first ten months of 2022, according to data released on Monday by the Statistical Service of Cyprus. The trade deficit also increased due to the great increase in imports.
In particular, according to the official data, total imports of goods in January-October 2022 amounted to €9,394.7 mn as compared to €6,991.0 mn in January-October 2021, recording an increase of 34.4%. Total exports of goods in January-October 2022 were €3,241.3 mn compared to €2,652.4 mn in the same period of 2021, registering an increase of 22.2%.
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