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Cyprus Trade Summary

1998

Cyprus exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR CYPRUS 1998

Overall Exports and Imports for Cyprus 1998

Exports and imports of Cyprus in 1998 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,062 million.
  • The total value of imports (CIF) was 3,686 million.
  • At the HS6 digit level, 2,220 products were exported to 148 countries and 4,229 products were imported from 150 countries.

Cyprus top 5 Export and Import partners 1998

Top five countries to which Cyprus exported in 1998 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to United Kingdom worth US$ 155 million, with a partner share of 14.57 percent.
  2. Cyprus exports to Russian Federation worth US$ 110 million, with a partner share of 10.31 percent.
  3. Cyprus exports to Greece worth US$ 104 million, with a partner share of 9.78 percent.
  4. Cyprus exports to Unspecified worth US$ 61 million, with a partner share of 5.73 percent.
  5. Cyprus exports to Lebanon worth US$ 58 million, with a partner share of 5.49 percent.

Top five countries from which Cyprus imported goods in 1998 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from United States worth US$ 462 million, with a partner share of 12.53 percent.
  2. Cyprus imports from United Kingdom worth US$ 416 million, with a partner share of 11.28 percent.
  3. Cyprus imports from Italy worth US$ 345 million, with a partner share of 9.37 percent.
  4. Cyprus imports from Germany worth US$ 312 million, with a partner share of 8.46 percent.
  5. Cyprus imports from Greece worth US$ 301 million, with a partner share of 8.17 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 1998

The top five exported HS 6 digit level products to world by Cyprus along with trade value are:

  1. Cyprus exported Cigarettes containing tobacco , worth US$ 372,876.03 million.
  2. Cyprus exported Other potatoes, fresh or chilled , worth US$ 36,638.10 million.
  3. Cyprus exported Other medicaments of mixed or unmixed products, , worth US$ 35,927.05 million.
  4. Cyprus exported Automobiles with reciprocating piston engine di , worth US$ 19,326.42 million.
  5. Cyprus exported Automobiles with diesel engine displacing more , worth US$ 18,119.00 million.

The top five imported HS 6 digit level products from world by Cyprus along with trade value are

  1. Cyprus imported Cigarettes containing tobacco , worth US$ 332,143.36 million.
  2. Cyprus imported Petroleum oils and oils obtained from bituminou , worth US$ 109,090.95 million.
  3. Cyprus imported Automobiles with reciprocating piston engine di , worth US$ 92,035.56 million.
  4. Cyprus imported Diesel powered trucks with a GVW not exceeding , worth US$ 90,515.39 million.
  5. Cyprus imported Other medicaments of mixed or unmixed products, , worth US$ 53,459.50 million.

Exports and Imports of Product Groups 1998

Exports and imports of products by stages of processing in 1998 are below along with their corresponding Product Share as percent of total export or import

Tariffs 1998

Tariffs imposed by Cyprus in 1998 are below

  • The maximum rate of tariff in percentage on any product was 908.42 percent.
  • The simple average tariff across all products was 6.73 percent.
  • The trade weighted average tariff was 10.95 .
  • The total duty free imports in thousands of US dollars were 2,052,554.38 and duty free tariff line items share was 46.27 percent.

Development Indicators 1998

Key Development Indicators of Cyprus in 1998 are below

  • Cyprus GDP in current US dollar was 10,249 million.
  • GNI per capita, Atlas method (current US$) was 15,490.00 .
  • Cyprus Trade balance: as % of GDP was 2.49.
  • Trade balance in current US$ was 255.00 million.
  • Trade as percentage of GDP was 134.91 .
  • Trade in services as percentage of GDP was 49.69 .

Trade Indicators 1998

Trade Indicators for Cyprus in 1998 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 2.54.
  • World Growth in percentage was -0.47 and Cyprus Country Growth was 5.50 .