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Cyprus Trade Summary

2008

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 2008

Overall Exports and Imports for Cyprus 2008

Exports and imports of Cyprus in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,713 million.
  • The total value of imports (CIF) was 10,849 million.
  • At the HS6 digit level, 1,580 products were exported to 164 countries and 3,928 products were imported from 153 countries.

Cyprus top 5 Export and Import partners 2008

Top five countries to which Cyprus exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to Bunkers worth US$ 341 million, with a partner share of 19.93 percent.
  2. Cyprus exports to Greece worth US$ 322 million, with a partner share of 18.79 percent.
  3. Cyprus exports to United Kingdom worth US$ 176 million, with a partner share of 10.25 percent.
  4. Cyprus exports to Germany worth US$ 91 million, with a partner share of 5.32 percent.
  5. Cyprus exports to Lebanon worth US$ 47 million, with a partner share of 2.74 percent.

Top five countries from which Cyprus imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from Greece worth US$ 1,819 million, with a partner share of 16.77 percent.
  2. Cyprus imports from Italy worth US$ 1,140 million, with a partner share of 10.51 percent.
  3. Cyprus imports from United Kingdom worth US$ 946 million, with a partner share of 8.72 percent.
  4. Cyprus imports from Germany worth US$ 890 million, with a partner share of 8.21 percent.
  5. Cyprus imports from Israel worth US$ 871 million, with a partner share of 8.03 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 2008

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 US$ 339,944.45 million.
  2. Cyprus exported Other medicaments of mixed or unmixed products, , worth US$ 156,676.86 million.
  3. Cyprus exported Photosensitive semiconductor devices,photovolta , worth US$ 89,690.71 million.
  4. Cyprus exported Other potatoes, fresh or chilled , worth US$ 68,890.95 million.
  5. Cyprus exported Cheese, nes , worth US$ 52,849.66 million.

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 US$ 2,024,879.39 million.
  2. Cyprus imported Automobiles with reciprocating piston engine di , worth US$ 536,841.23 million.
  3. Cyprus imported Bars&rods,i/nas,hr,hd or he,cntg indent,ribs,et , worth US$ 314,107.69 million.
  4. Cyprus imported Automobiles with reciprocating piston engine di , worth US$ 237,891.97 million.
  5. Cyprus imported Other medicaments of mixed or unmixed products, , worth US$ 210,933.24 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Cyprus in 2008 are below

  • The maximum rate of tariff in percentage on any product was 182.10 percent.
  • The simple average tariff across all products was 2.84 percent.
  • The trade weighted average tariff was 3.58 .
  • The total duty free imports in thousands of US dollars were 2,416,325.18 and duty free tariff line items share was 53.84 percent.

Development Indicators 2008

Key Development Indicators of Cyprus in 2008 are below

  • Cyprus GDP in current US dollar was 27,845 million.
  • GNI per capita, Atlas method (current US$) was 31,970.00 .
  • Cyprus Trade balance: as % of GDP was -12.76.
  • Trade balance in current US$ was -3,554.00 million.
  • Trade as percentage of GDP was 112.93 .
  • Trade in services as percentage of GDP was 59.05 .

Trade Indicators 2008

Trade Indicators for Cyprus in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.09.
  • Index of export market penetration was 2.92.
  • World Growth in percentage was 7.43 and Cyprus Country Growth was -0.53 .