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Cyprus Trade Summary

2006

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 2006

Overall Exports and Imports for Cyprus 2006

Exports and imports of Cyprus in 2006 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,415 million.
  • The total value of imports (CIF) was 7,046 million.
  • At the HS6 digit level, 1,680 products were exported to 167 countries and 4,131 products were imported from 157 countries.

Cyprus top 5 Export and Import partners 2006

Top five countries to which Cyprus exported in 2006 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to Bunkers worth US$ 263 million, with a partner share of 18.56 percent.
  2. Cyprus exports to United Kingdom worth US$ 207 million, with a partner share of 14.61 percent.
  3. Cyprus exports to Greece worth US$ 187 million, with a partner share of 13.22 percent.
  4. Cyprus exports to France worth US$ 104 million, with a partner share of 7.37 percent.
  5. Cyprus exports to United Arab Emirates worth US$ 65 million, with a partner share of 4.56 percent.

Top five countries from which Cyprus imported goods in 2006 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from Greece worth US$ 1,222 million, with a partner share of 17.35 percent.
  2. Cyprus imports from Italy worth US$ 805 million, with a partner share of 11.42 percent.
  3. Cyprus imports from United Kingdom worth US$ 629 million, with a partner share of 8.93 percent.
  4. Cyprus imports from Germany worth US$ 624 million, with a partner share of 8.86 percent.
  5. Cyprus imports from Israel worth US$ 437 million, with a partner share of 6.20 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 2006

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

  1. Cyprus exported Petroleum oils, etc, (excl. crude); preparation , worth 257,373.36 (US$ Thousands).
  2. Cyprus exported Transmission apparatus, for radioteleph incorpo , worth 133,598.44 (US$ Thousands).
  3. Cyprus exported Other medicaments of mixed or unmixed products, , worth 106,293.02 (US$ Thousands).
  4. Cyprus exported Automobiles with reciprocating piston engine di , worth 52,240.09 (US$ Thousands).
  5. Cyprus exported Other potatoes, fresh or chilled , worth 50,826.75 (US$ Thousands).

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

  1. Cyprus imported Petroleum oils, etc, (excl. crude); preparation , worth 1,208,951.19 (US$ Thousands).
  2. Cyprus imported Automobiles with reciprocating piston engine di , worth 336,041.08 (US$ Thousands).
  3. Cyprus imported Transmission apparatus, for radioteleph incorpo , worth 187,508.58 (US$ Thousands).
  4. Cyprus imported Automobiles with reciprocating piston engine di , worth 160,155.41 (US$ Thousands).
  5. Cyprus imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 136,749.59 (US$ Thousands).

Exports and Imports of Product Groups 2006

Exports and imports of products by stages of processing in 2006 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2006

Tariffs imposed by Cyprus in 2006 are below

  • The maximum rate of tariff in percentage on any product was 2,454.20 percent.
  • The simple average tariff across all products was 3.29 percent.
  • The trade weighted average tariff was 3.67 .
  • The total duty free imports in thousands of US dollars were 1,386,448.15 and duty free tariff line items share was 48.67 percent.

Development Indicators 2006

Key Development Indicators of Cyprus in 2006 are below

  • Cyprus GDP in current US dollar was 20,073 million.
  • GNI per capita, Atlas method (current US$) was 25,600.00 .
  • Cyprus Trade balance: as % of GDP was -2.93.
  • Trade balance in current US$ was -589.00 million.
  • Trade as percentage of GDP was 109.81 .
  • Trade in services as percentage of GDP was 47.60 .

Trade Indicators 2006

Trade Indicators for Cyprus in 2006 are below

  • Hirschman Herfindahl market concentration index was 0.30.
  • Index of export market penetration was 2.76.
  • World Growth in percentage was 7.66 and Cyprus Country Growth was 45.82 .