Cyprus trade balance improves as euro area records €1.9bn deficit

The euro area recorded a trade deficit of €1.9 billion in January 2026, according to Eurostat, while Cyprus posted a significantly improved trade balance over the same period.

The euro area deficit widened from the €1.40 billion recorded in January 2025, reflecting changing trade dynamics across key sectors.

Euro area exports fell to €215.30 billion in January 2026, marking a decline of 7.6 per cent compared with €232.90 billion a year earlier.

Imports also declined to €217.20 billion...