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Cyprus Trade Summary

2019

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 2019

Overall Exports and Imports for Cyprus 2019

Exports and imports of Cyprus in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,521 million.
  • The total value of imports (CIF) was 9,179 million.
  • At the HS6 digit level, 1,807 products were exported to 194 countries and 3,838 products were imported from 163 countries.

Cyprus top 5 Export and Import partners 2019

Top five countries to which Cyprus exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Cyprus exports to Netherlands worth US$ 455 million, with a partner share of 12.93 percent.
  2. Cyprus exports to Bunkers worth US$ 375 million, with a partner share of 10.65 percent.
  3. Cyprus exports to Libya worth US$ 353 million, with a partner share of 10.03 percent.
  4. Cyprus exports to Greece worth US$ 257 million, with a partner share of 7.30 percent.
  5. Cyprus exports to United Kingdom worth US$ 210 million, with a partner share of 5.96 percent.

Top five countries from which Cyprus imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Cyprus imports from Greece worth US$ 1,856 million, with a partner share of 20.22 percent.
  2. Cyprus imports from Italy worth US$ 935 million, with a partner share of 10.18 percent.
  3. Cyprus imports from United Kingdom worth US$ 647 million, with a partner share of 7.04 percent.
  4. Cyprus imports from Israel worth US$ 553 million, with a partner share of 6.02 percent.
  5. Cyprus imports from Germany worth US$ 549 million, with a partner share of 5.98 percent.

Cyprus Top 5 Productsexports imports at HS 6 digit level 2019

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$ 571,618.46 million.
  2. Cyprus exported Warships, lifeboats, hospital ships and vessels , worth US$ 436,252.54 million.
  3. Cyprus exported Cargo vessels nes and other vessels for the tra , worth US$ 427,740.39 million.
  4. Cyprus exported Other medicaments of mixed or unmixed products, , worth US$ 300,105.83 million.
  5. Cyprus exported Cheese, nes , worth US$ 252,016.75 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$ 1,560,518.91 million.
  2. Cyprus imported Cargo vessels nes and other vessels for the tra , worth US$ 526,866.12 million.
  3. Cyprus imported Tankers , worth US$ 489,763.23 million.
  4. Cyprus imported Other medicaments of mixed or unmixed products, , worth US$ 232,986.73 million.
  5. Cyprus imported Automobiles with diesel engine displacing more , worth US$ 149,274.03 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Cyprus in 2019 are below

  • The maximum rate of tariff in percentage on any product was 131.26 percent.
  • The simple average tariff across all products was 2.88 percent.
  • The trade weighted average tariff was 2.64 .
  • The total duty free imports in thousands of US dollars were 1,194,176.23 and duty free tariff line items share was 47.41 percent.

Development Indicators 2019

Key Development Indicators of Cyprus in 2019 are below

  • Cyprus GDP in current US dollar was 24,949 million.
  • GNI per capita, Atlas method (current US$) was 27,930.00 .
  • Cyprus Trade balance: as % of GDP was -1.07.
  • Trade balance in current US$ was -266.00 million.
  • Trade as percentage of GDP was 144.82 .
  • Trade in services as percentage of GDP was 96.07 .

Trade Indicators 2019

Trade Indicators for Cyprus in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.05.
  • Index of export market penetration was 3.30.
  • World Growth in percentage was -1.13 and Cyprus Country Growth was 2.68 .