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Cyprus Trade Summary

2007

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 2007

Overall Exports and Imports for Cyprus 2007

Exports and imports of Cyprus in 2007 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,486 million.
  • The total value of imports (CIF) was 8,749 million.
  • At the HS6 digit level, 1,673 products were exported to 175 countries and 3,951 products were imported from 158 countries.

Cyprus top 5 Export and Import partners 2007

Top five countries to which Cyprus exported in 2007 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to Greece worth US$ 295 million, with a partner share of 19.83 percent.
  2. Cyprus exports to Bunkers worth US$ 233 million, with a partner share of 15.65 percent.
  3. Cyprus exports to United Kingdom worth US$ 206 million, with a partner share of 13.87 percent.
  4. Cyprus exports to Germany worth US$ 91 million, with a partner share of 6.15 percent.
  5. Cyprus exports to Romania worth US$ 43 million, with a partner share of 2.88 percent.

Top five countries from which Cyprus imported goods in 2007 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from Greece worth US$ 1,530 million, with a partner share of 17.48 percent.
  2. Cyprus imports from Italy worth US$ 884 million, with a partner share of 10.10 percent.
  3. Cyprus imports from United Kingdom worth US$ 849 million, with a partner share of 9.70 percent.
  4. Cyprus imports from Germany worth US$ 811 million, with a partner share of 9.27 percent.
  5. Cyprus imports from Israel worth US$ 563 million, with a partner share of 6.44 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 2007

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 230,490.62 (US$ Thousands).
  2. Cyprus exported Other medicaments of mixed or unmixed products, , worth 124,407.78 (US$ Thousands).
  3. Cyprus exported Other potatoes, fresh or chilled , worth 76,395.78 (US$ Thousands).
  4. Cyprus exported Automobiles with reciprocating piston engine di , worth 68,176.37 (US$ Thousands).
  5. Cyprus exported Photosensitive semiconductor devices,photovolta , worth 61,923.05 (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 1,392,437.73 (US$ Thousands).
  2. Cyprus imported Automobiles with reciprocating piston engine di , worth 584,734.26 (US$ Thousands).
  3. Cyprus imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth 220,934.90 (US$ Thousands).
  4. Cyprus imported Automobiles with reciprocating piston engine di , worth 198,654.34 (US$ Thousands).
  5. Cyprus imported Other medicaments of mixed or unmixed products, , worth 165,297.25 (US$ Thousands).

Exports and Imports of Product Groups 2007

Exports and imports of products by stages of processing in 2007 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2007

Tariffs imposed by Cyprus in 2007 are below

  • The maximum rate of tariff in percentage on any product was 440.44 percent.
  • The simple average tariff across all products was 3.22 percent.
  • The trade weighted average tariff was 3.54 .
  • The total duty free imports in thousands of US dollars were 1,663,336 and duty free tariff line items share was 50.93 percent.

Development Indicators 2007

Key Development Indicators of Cyprus in 2007 are below

  • Cyprus GDP in current US dollar was 23,969 million.
  • GNI per capita, Atlas method (current US$) was 27,340.00 .
  • Cyprus Trade balance: as % of GDP was -4.76.
  • Trade balance in current US$ was -1,140.00 million.
  • Trade as percentage of GDP was 111.28 .
  • Trade in services as percentage of GDP was 50.36 .

Trade Indicators 2007

Trade Indicators for Cyprus in 2007 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.90.
  • World Growth in percentage was 7.58 and Cyprus Country Growth was -8.09 .