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Cyprus Trade

Latest trade data available from various sources.
Cyprus monthly trade data
Cyprus quarterly trade data

Please note: The data from various sources are not from the same year.

Year
For viewing trade, tariff data for country or region by year click here .
Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

TRADE SUMMARY FOR Cyprus

Overall Exports and Imports for Cyprus 2023

  • The total value of exports (FOB) is US$ 5,132 million.
  • The total value of imports (CIF) is US$ 14,261 million.
  • At the HS6 digit level, 1,753 products are exported to 196 countries and 3,889 products are imported from 186 countries.

Top 5 Products exports imports at HS 6 digit level 2023

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

  • Cyprus exported Petroleum oils, etc, (excl. crude); preparation , worth 1,675,563.36 (US$ Thousands).
  • Cyprus exported Tankers , worth 889,830.82 (US$ Thousands).
  • Cyprus exported Cargo vessels nes and other vessels for the tra , worth 431,781.22 (US$ Thousands).
  • Cyprus exported Cheese, nes , worth 344,098.27 (US$ Thousands).
  • Cyprus exported Other medicaments of mixed or unmixed products, , worth 341,951.31 (US$ Thousands).

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

  • Cyprus imported Petroleum oils, etc, (excl. crude); preparation , worth 2,860,986.54 (US$ Thousands).
  • Cyprus imported Cruise ships, excursion boats etc principally d , worth 1,017,849.36 (US$ Thousands).
  • Cyprus imported Other medicaments of mixed or unmixed products, , worth 410,214.14 (US$ Thousands).
  • Cyprus imported Cargo vessels nes and other vessels for the tra , worth 397,030.78 (US$ Thousands).
  • Cyprus imported Automobiles nes including gas turbine powered , worth 295,423.19 (US$ Thousands).

Cyprus top 5 Export and Import partners 2023

The top five countries to which Cyprus exported 2023 along with the partner share in percentage are:

  1. Cyprus exports to Libya worth US$ 775 million, with a partner share of 15.11 percent.
  2. Cyprus exports to Lebanon worth US$ 481 million, with a partner share of 9.37 percent.
  3. Cyprus exports to Bunkers worth US$ 426 million, with a partner share of 8.30 percent.
  4. Cyprus exports to Bermuda worth US$ 403 million, with a partner share of 7.85 percent.
  5. Cyprus exports to Greece worth US$ 317 million, with a partner share of 6.18 percent.

The top five countries to which Cyprus imported goods 2023 along with the share in percentage are

  1. Cyprus imports from Greece worth US$ 3,135 million, with a partner share of 21.98 percent.
  2. Cyprus imports from United Kingdom worth US$ 1,437 million, with a partner share of 10.07 percent.
  3. Cyprus imports from Italy worth US$ 1,114 million, with a partner share of 7.81 percent.
  4. Cyprus imports from China worth US$ 831 million, with a partner share of 5.82 percent.
  5. Cyprus imports from Germany worth US$ 815 million, with a partner share of 5.71 percent.

Cyprus Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.


Tariff and Trade Barriers

Tariffs 2023

Tariffs imposed by Cyprus in 2023 are below.

  • The maximum rate of tariff in percentage on any product is 123.68.
  • The simple average tariff across all products is 2.36.
  • The trade weighted average tariff is 1.86.
  • The total duty free imports in thousands of US dollars are 2,756,491.56 and duty free tariff line items share is 61.03.

Overall Trade Restrictiveness Index (OTRI)

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  • Overall Trade Restrictiveness Index - Applied Tariff for the year is not available.
  • Overall Trade Restrictiveness Index - MFN Tariff for the year is not available.

Non-Tariff Measures (NTM)

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  • No Of NTM Measures is not available.
  • No Of NTM Affected Products (HS 6 Digit) is not available.

Temporary Trade Barriers Database (TTDB) .

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  • Temporary Trade Barriers in Effect - Simple Average for the year is not available.
  • Temporary Trade Barriers in Effect - Weighted Average for the year is not available.

Cyprus World Development Indicators (WDI) 2023

Key Development Indicators of Cyprus in 2023 are below

WDI

Cyprus Doing Business 2019

  • The ease of doing business rank for Cyprus is 54.
  • The trade across border rank is 50.
Doing Business

Cyprus Country Policy and Institutional Assessment (CPIA),

  • The CPIA Trade Ratings for is not available.
CPIA

CyprusLogistics Performance Index (LPI) 2016

  • The LPI score for Cyprus in 2016 is 3.
  • The LPI rank is 59.
LPI

Cyprus Services Service Policy Restrictive Database (SPRD)

  • Services Trade Restrictions Index (Over All) for Cyprus is not available.
SPRD