Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2022
Timeseries: 194 million
Source:TrendEconomy
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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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2023
TOTAL. ALL COMMODITIESCyprusWorldExportsValue (US$)1,826,017,361.002,135,207,037.243,270,283,345.843,369,091,533.693,001,461,505.903,360,808,639.955,064,927,294.833,520,898,851.703,137,095,808.173,989,812,264.344,411,253,801.015,067,129,604.03
Value Growth, YoY (%)-6.5816.9353.163.02-10.9111.9750.70-30.48-10.9027.1810.5614.86
ImportsValue (US$)7,376,933,504.006,418,314,755.398,068,197,861.337,129,415,457.477,872,929,108.919,310,362,788.6710,809,450,300.599,179,162,776.818,728,558,940.7010,231,120,563.1611,888,671,300.9014,000,932,175.93
Value Growth, YoY (%)-16.06-12.9925.70-11.6310.4218.2516.10-15.08-4.9017.2116.2017.76

The value of merchandise exports from Cyprus totalled $ 5.06 billion in 2023. Merchandise exports from Cyprus increased by 14.8% compared to 2022. Goods exports grew up by $ 655 million in 2023 (the value of merchandise exports from Cyprus amounted to $4.41 billion in 2022)

Cyprus's exports 2023 by country

Top export destinations of commodities from Cyprus in 2023:

  • Libya with a share of 15.2% (775 million US$)
  • Lebanon with a share of 9.49% (481 million US$)
  • Ship stores and aircraft supplies with a share of 8.4% (426 million US$)
  • Bermuda with a share of 7.95% (402 million US$)
  • Greece with a share of 6.01% (304 million US$)
  • Marshall Islands with a share of 5.79% (293 million US$)
  • United Kingdom with a share of 4.69% (237 million US$)
  • Liberia with a share of 4.43% (224 million US$)
  • Hong Kong with a share of 3.43% (174 million US$)
  • Nigeria with a share of 3.08% (156 million US$)

Exports structure from Cyprus in 2023 represented by the following main commodity groups:

  • 33% (1.68 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 28% (1.45 billion US$): 89 - Ships, boats and floating structures
  • 8.61% (436 million US$): 30 - Pharmaceutical products
  • 6.88% (348 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 2.93% (148 million US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 1.87% (94 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 1.79% (91 million US$): 99 - Commodities not specified according to kind
  • 1.64% (83 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 0.994% (50 million US$): 20 - Preparations of vegetables, fruit, nuts or other parts of plants
  • 0.948% (48 million US$): 07 - Edible vegetables and certain roots and tubers

What did Cyprus export in 2023?

Cyprus's Top Exports in 2023:

  • 33% ($1.67 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 25% ($1.31 billion): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 8.45% ($428 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 6.81% ($345 million): 0406 - Cheese and curd
  • 2.44% ($123 million): 3302 - Mixtures of odoriferous substances and mixtures (including alcoholic solutions) with a basis of one or more of these substances, of a kind used as raw materials in industry; other preparations based on odoriferous substances, of a kind used for the manufacture of beverages
  • 1.64% ($83 million): 8906 - Other vessels, including warships and lifeboats other than rowing boats
  • 0.944% ($47 million): 2009 - Fruit or nut juices (including grape must) and vegetable juices, unfermented, not containing added spirit; whether or not containing added sugar or other sweetening matter
  • 0.919% ($46 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 0.919% ($46 million): 0701 - Potatoes, fresh or chilled

The value of merchandise imports to Cyprus totalled $ 14 billion in 2023. Merchandise imports to Cyprus increased by 17.7% compared to 2022. Goods imports grew up by $ 2.11 billion in 2023 (the value of merchandise imports to Cyprus was equal to $11.8 billion in 2022)

Cyprus's imports 2023 by country

Top trading partners (import sources) of Cyprus in 2023:

  • Greece with a share of 21% (3.06 billion US$)
  • United Kingdom with a share of 10.2% (1.43 billion US$)
  • Italy with a share of 7.74% (1.08 billion US$)
  • China with a share of 5.93% (830 million US$)
  • Germany with a share of 5.34% (748 million US$)
  • Spain with a share of 4.99% (699 million US$)
  • Areas, nes with a share of 4.84% (677 million US$)
  • Israel with a share of 4.55% (637 million US$)
  • Netherlands with a share of 3.51% (492 million US$)
  • Japan with a share of 2.34% (328 million US$)

Imports structure to Cyprus in 2023 represented by the following main commodity groups:

  • 22% (3.14 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.5% (1.9 billion US$): 89 - Ships, boats and floating structures
  • 8.03% (1.12 billion US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.61% (785 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.99% (699 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.46% (485 million US$): 30 - Pharmaceutical products
  • 2.1% (294 million US$): 39 - Plastics and articles thereof
  • 1.84% (258 million US$): 72 - Iron and steel
  • 1.71% (240 million US$): 22 - Beverages, spirits and vinegar
  • 1.6% (224 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

What did Cyprus import in 2023?

Cyprus's Top Imports in 2023:

  • 20% ($2.86 billion): 2710 - Petroleum oils and oils from bituminous minerals, not crude; preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals; these being the basic constituents of the preparations; waste oils
  • 10.5% ($1.47 billion): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 5.98% ($838 million): 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars
  • 2.98% ($417 million): 3004 - Medicaments (excluding goods of heading 30.02, 30.05 or 30.06) consisting of mixed or unmixed products for therapeutic or prophylactic uses, put up in measured doses (including those in the form of transdermal administration systems) or in forms or packings for retail sale
  • 2.08% ($291 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 1.58% ($222 million): 8517 - Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones
  • 1.42% ($199 million): 2707 - Oils and other products of the distillation of high temperature coal tar; similar products in which the weight of the aromatic constituents exceeds that of the non-aromatic constituents
  • 1.26% ($177 million): 7214 - Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling
  • 0.796% ($111 million): 9403 - Other furniture and parts thereof

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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2012 - 2023