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 (%) | 2007 - 2018

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2007
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2018
TOTAL. ALL COMMODITIESCyprusWorldExportsValue (US$)1,486,412,281.001,713,315,359.001,350,948,810.001,506,457,953.001,954,770,383.001,826,017,361.002,135,207,037.243,270,283,345.843,369,091,533.693,001,461,505.903,360,808,639.955,064,927,294.83
Value Growth, YoY (%)5.0515.26-21.1511.5129.75-6.5816.9353.163.02-10.9111.9750.70
ImportsValue (US$)8,748,906,634.0010,849,019,023.007,933,397,121.008,644,721,987.008,788,557,849.007,376,933,504.006,418,314,755.398,068,197,861.337,129,415,457.477,872,929,108.919,310,362,788.6710,809,450,300.59
Value Growth, YoY (%)24.1724.00-26.878.961.66-16.06-12.9925.70-11.6310.4218.2516.10

The value of merchandise exports from Cyprus totalled $ 5.06 billion in 2018. Merchandise exports from Cyprus increased by 50% compared to 2017. Goods exports grew up by $ 1.7 billion in 2018 (the value of merchandise exports from Cyprus amounted to $3.36 billion in 2017)

Cyprus's exports 2018 by country

Top export destinations of commodities from Cyprus in 2018:

  • Cayman Islands with a share of 14.8% (753 million US$)
  • Libya with a share of 9.01% (456 million US$)
  • Ship stores and aircraft supplies with a share of 7.46% (378 million US$)
  • Greece with a share of 6.57% (332 million US$)
  • Areas, nes with a share of 5.56% (282 million US$)
  • Norway with a share of 5.47% (277 million US$)
  • United Kingdom with a share of 3.96% (201 million US$)
  • Egypt with a share of 3.81% (193 million US$)
  • Hong Kong with a share of 3.26% (165 million US$)
  • Marshall Islands with a share of 3.18% (161 million US$)

Exports structure from Cyprus in 2018 represented by the following main commodity groups:

  • 34% (1.73 billion US$): 89 - Ships, boats and floating structures
  • 23% (1.2 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 7.03% (356 million US$): 30 - Pharmaceutical products
  • 5.83% (295 million US$): 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
  • 4.78% (242 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 3.53% (178 million US$): 73 - Articles of iron or steel
  • 3.33% (169 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.77% (140 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.31% (66 million US$): 99 - Commodities not specified according to kind
  • 1.12% (57 million US$): 29 - Organic chemicals

What did Cyprus export in 2018?

Cyprus's Top Exports in 2018:

  • 20% ($1.04 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
  • 15% ($761 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 12.4% ($632 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 6.87% ($348 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
  • 5.53% ($280 million): 8906 - Other vessels, including warships and lifeboats other than rowing boats
  • 4.72% ($239 million): 0406 - Cheese and curd
  • 3.59% ($182 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
  • 3.36% ($170 million): 7304 - Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel.
  • 3.31% ($167 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles

The value of merchandise imports to Cyprus totalled $ 10.8 billion in 2018. Merchandise imports to Cyprus increased by 16.1% compared to 2017. Goods imports grew up by $ 1.49 billion in 2018 (the value of merchandise imports to Cyprus was equal to $9.31 billion in 2017)

Cyprus's imports 2018 by country

Top trading partners (import sources) of Cyprus in 2018:

  • Greece with a share of 17.7% (1.92 billion US$)
  • Italy with a share of 8.27% (894 million US$)
  • Korea with a share of 6.99% (755 million US$)
  • United Kingdom with a share of 6.58% (711 million US$)
  • Israel with a share of 5.64% (609 million US$)
  • Germany with a share of 5.4% (584 million US$)
  • Spain with a share of 4.74% (512 million US$)
  • Areas, nes with a share of 4.41% (477 million US$)
  • China with a share of 4.25% (459 million US$)
  • Cayman Islands with a share of 3.33% (360 million US$)

Imports structure to Cyprus in 2018 represented by the following main commodity groups:

  • 21% (2.28 billion US$): 89 - Ships, boats and floating structures
  • 20% (2.22 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 6.86% (741 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 4.86% (526 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 4.32% (467 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 2.59% (280 million US$): 30 - Pharmaceutical products
  • 2.05% (222 million US$): 39 - Plastics and articles thereof
  • 1.91% (207 million US$): 73 - Articles of iron or steel
  • 1.81% (195 million US$): 22 - Beverages, spirits and vinegar
  • 1.56% (168 million US$): 72 - Iron and steel

What did Cyprus import in 2018?

Cyprus's Top Imports in 2018:

  • 19.6% ($2.12 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
  • 14.6% ($1.57 billion): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 5.87% ($634 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 5.4% ($584 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
  • 2.19% ($236 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
  • 1.76% ($190 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
  • 0.99% ($107 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
  • 0.901% ($97 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 0.888% ($96 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes

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