ARTICLE · 07 MARCH 2023

Foreign Trade Statistics: January - November 2022

KPMG in Cyprus

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Total imports of goods in January-November 2022 amounted to €10.403,2 mn as compared to €7.928,1 mn in January- November 2021, recording an increase of 31,2%.

CyprusInternational Law

Tassos J. Yiasemides

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Total imports of goods in January-November 2022 amounted to €10.403,2 mn as compared to €7.928,1 mn in January- November 2021, recording an increase of 31,2%. Total exports of goods in January-November 2022 were €3.587,1 mn compared to €3.022,0 mn in the same period of 2021, registering an increase of 18,7%. The trade deficit was €6.816,1 mn in January- November 2022 compared to €4.906,1 mn in the corresponding period of 2021.

The European Union was the main source of supply of goods to Cyprus with a share of €6.275,8 mn of total imports, while imports from all other European countries totaled €966,8 mn in January- November 2022. Imports from the rest of the world amounted to €3.160,6 mn.

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