Cyprus’s trade deficit fell by €769 million in the first 11 months of 2024, reaching €7.14 billion compared to €7.91 billion in the same period of 2023, according to preliminary data from the statistical service.
The decline was driven by a significant 10.8 per cent reduction in imports, which amounted to €10.9 billion compared to €12.23 billion in 2023.
Exports, however, also decreased sharply by 12.9 per cent, falling to
