Cyprus trade deficit narrows to €476m as exports grow

Cyprus recorded a trade deficit of €476.6 million in January 2026, significantly lower than the €707.5 million deficit registered in January 2025, according to a report from the state statistical service published on Thursday. The latest figures showed that total imports of goods fell to €994.1 million in January 2026, compared with €1.15 billion in January 2025, while exports of goods increased by 10.5 percent to €517.5 million from €468.4 million in the same period last year.