Economy category powered by
Cyprus exports overtake EU average
08:34 - 16 January 2024
Cyprus recorded the highest annual increase in exports among the EU member states in November 2023 compared to November 2022, while also recording the second highest increase in imports in the same period, while most other member states saw both their exports and imports drop, according to Eurostat.
In November 2023, compared with November 2022, all but four member states registered decreases in exports.
The largest decreases were registered in Belgium (-20.6%), Latvia (-18.8%), Bulgaria (-18.0%) and Lithuania (-17.2%). The highest increase was registered in Cyprus (+7.5%).
Regarding imports, in November 2023 compared to November 2022, all member states registered decreases, except Ireland (+1.8%), Cyprus (+2.5%) and Slovenia (+7.8%).
The highest decreases were observed in Hungary (-25.0%) and Belgium (-22.0%).
News Feed
14 hours, 47 minutes ago Current Affairs
President Christodoulides to attend Pope Francis' funeral15 hours, 50 minutes ago Current Affairs
‘Nicosia-Capital of Cyprus’ Initiative supports suggested traffic regulation for Makarios Avenue16 hours, 35 minutes ago Current Affairs
Embassy of the Holy See in Cyprus to open book of condolences for late Pope17 hours, 11 minutes ago Companies
Intellectual Property: The importance of the Supreme Court's decision and the need for the establishment of a Copyright Authority18 hours, 54 minutes ago Companies
G.A.P. Vassilopoulos' documented proposal for combatting the water shortage19 hours, 28 minutes ago Technology
DreamPlay opens an office and campus in Limassol19 hours, 39 minutes ago Companies
Universal Life selects Sapiens to modernise its core systems