Cyprus’ trade deficit for 2024 stood at €8.13 billion , improving from €8.47 billion in 2023 , according to provisional data from the statistical service.
This came despite a sharp increase in total imports of goods in December , which rose 37.8 per cent to €1.31 billion , compared to €954.1 million in December 2023 .
The surge in imports was largely attributed to the transfer of economic ownership of
