Cyprus’ imports and exports decline significantly in 2020

cyprus’-imports-and-exports-decline-significantly-in-2020
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Cyprus’ trade deficit was €4,799.3 mn in 2020 compared to €5,063.1 mn in the corresponding period of 2019 οn the basis of provisional data released Tuesday by the Statistical Service of Cyprus. The trade deficit reduction was due to the bigger decrease in total exports, compared to the decrease in imports during 2020. In particular, total imports of goods (from EU Member States and from third countries) in January – December 2020 amounted to €7,539.9 mn as compared to €8,200.1 mn …

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