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Cyprus Trade Summary

2014

Cyprus exports, imports, tariff by year.
Cyprus monthly trade data
Cyprus quarterly trade data

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 2014

Overall Exports and Imports for Cyprus 2014

Exports and imports of Cyprus in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,270 million.
  • The total value of imports (CIF) was 8,056 million.
  • At the HS6 digit level, 1,736 products were exported to 187 countries and 3,843 products were imported from 154 countries.

Cyprus top 5 Export and Import partners 2014

Top five countries to which Cyprus exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to Netherlands worth US$ 440 million, with a partner share of 13.44 percent.
  2. Cyprus exports to Bunkers worth US$ 319 million, with a partner share of 9.76 percent.
  3. Cyprus exports to Marshall Islands worth US$ 302 million, with a partner share of 9.22 percent.
  4. Cyprus exports to Greece worth US$ 298 million, with a partner share of 9.12 percent.
  5. Cyprus exports to United Kingdom worth US$ 281 million, with a partner share of 8.59 percent.

Top five countries from which Cyprus imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from Greece worth US$ 1,622 million, with a partner share of 20.13 percent.
  2. Cyprus imports from China worth US$ 791 million, with a partner share of 9.82 percent.
  3. Cyprus imports from Israel worth US$ 647 million, with a partner share of 8.03 percent.
  4. Cyprus imports from Germany worth US$ 604 million, with a partner share of 7.50 percent.
  5. Cyprus imports from United Kingdom worth US$ 498 million, with a partner share of 6.18 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 2014

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

  1. Cyprus exported Tankers , worth US$ 745,514.25 million.
  2. Cyprus exported Cargo vessels nes and other vessels for the tra , worth US$ 416,295.27 million.
  3. Cyprus exported Other medicaments of mixed or unmixed products, , worth US$ 260,527.15 million.
  4. Cyprus exported Cheese, nes , worth US$ 122,263.40 million.
  5. Cyprus exported Motorboats, other than outboard motorboats , worth US$ 121,264.88 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$ 1,606,696.90 million.
  2. Cyprus imported Cargo vessels nes and other vessels for the tra , worth US$ 530,244.83 million.
  3. Cyprus imported Warships, lifeboats, hospital ships and vessels , worth US$ 487,167.30 million.
  4. Cyprus imported Motorboats, other than outboard motorboats , worth US$ 258,231.85 million.
  5. Cyprus imported Other medicaments of mixed or unmixed products, , worth US$ 183,211.51 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Cyprus in 2014 are below

  • The maximum rate of tariff in percentage on any product was 153.20 percent.
  • The simple average tariff across all products was 3.25 percent.
  • The trade weighted average tariff was 2.36 .
  • The total duty free imports in thousands of US dollars were 1,480,081.59 and duty free tariff line items share was 43.99 percent.

Development Indicators 2014

Key Development Indicators of Cyprus in 2014 are below

  • Cyprus GDP in current US dollar was 23,157 million.
  • GNI per capita, Atlas method (current US$) was 26,530.00 .
  • Cyprus Trade balance: as % of GDP was 0.94.
  • Trade balance in current US$ was 217.00 million.
  • Trade as percentage of GDP was 131.12 .
  • Trade in services as percentage of GDP was 81.44 .

Trade Indicators 2014

Trade Indicators for Cyprus in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.04.
  • Index of export market penetration was 3.25.
  • World Growth in percentage was 0.26 and Cyprus Country Growth was -16.05 .