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 (%) | 2020

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2020
TOTAL. ALL COMMODITIESCyprusWorldExportsValue (US$)3,137,095,808.17
Value Growth, YoY (%)-10.90
ImportsValue (US$)8,728,558,940.70
Value Growth, YoY (%)-4.90

The value of merchandise exports from Cyprus totalled $ 3.13 billion in 2020. Overall commodity exports from Cyprus decreased by 10.9% compared to 2019. Merchandise exports decreased by $ 383 million (the value of merchandise exports from Cyprus amounted to $3.52 billion in 2019)

Cyprus's exports 2020 by country

Top export destinations of commodities from Cyprus in 2020:

  • Greece with a share of 8.43% (264 million US$)
  • Liberia with a share of 7.42% (232 million US$)
  • United Kingdom with a share of 6.5% (203 million US$)
  • Ship stores and aircraft supplies with a share of 6.01% (188 million US$)
  • Libya with a share of 5.91% (185 million US$)
  • Marshall Islands with a share of 5.67% (178 million US$)
  • Netherlands with a share of 5.35% (167 million US$)
  • France with a share of 4.19% (131 million US$)
  • Israel with a share of 3.32% (104 million US$)
  • Lebanon with a share of 3.19% (100 million US$)

Exports structure from Cyprus in 2020 represented by the following main commodity groups:

  • 30% (967 million US$): 89 - Ships, boats and floating structures
  • 15.7% (495 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 13.7% (432 million US$): 30 - Pharmaceutical products
  • 9.88% (310 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 3.84% (120 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.19% (100 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 2.57% (80 million US$): 99 - Commodities not specified according to kind
  • 1.38% (43 million US$): 07 - Edible vegetables and certain roots and tubers
  • 1.35% (42 million US$): 29 - Organic chemicals
  • 1.24% (38 million US$): 22 - Beverages, spirits and vinegar

What did Cyprus export in 2020?

Cyprus's Top Exports in 2020:

  • 23% ($734 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 14.9% ($467 million): 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
  • 13.5% ($426 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
  • 9.78% ($307 million): 0406 - Cheese and curd
  • 4.36% ($137 million): 8906 - Other vessels, including warships and lifeboats other than rowing boats
  • 1.74% ($54 million): 8533 - Electrical resistors (including rheostats and potentiometers), other than heating resistors
  • 1.52% ($47 million): 8904 - Tugs and pusher craft
  • 1.51% ($47 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 1.33% ($41 million): 0701 - Potatoes, fresh or chilled

The value of merchandise imports to Cyprus totalled $ 8.72 billion in 2020. Overall commodity imports to Cyprus decreased by 4.9% compared to 2019. Merchandise imports decreased by $ 450 million (the value of merchandise imports to Cyprus was equal to $9.17 billion in 2019)

Cyprus's imports 2020 by country

Top trading partners (import sources) of Cyprus in 2020:

  • Greece with a share of 21% (1.88 billion US$)
  • United Kingdom with a share of 8.43% (736 million US$)
  • Italy with a share of 8.22% (718 million US$)
  • Germany with a share of 6.56% (572 million US$)
  • China with a share of 5.88% (513 million US$)
  • British Virgin Islands with a share of 4.84% (422 million US$)
  • Netherlands with a share of 4.8% (419 million US$)
  • Israel with a share of 3.53% (308 million US$)
  • Spain with a share of 3.13% (273 million US$)
  • Belgium with a share of 3.07% (268 million US$)

Imports structure to Cyprus in 2020 represented by the following main commodity groups:

  • 15.8% (1.38 billion US$): 89 - Ships, boats and floating structures
  • 13.9% (1.22 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.04% (702 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 6.22% (543 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 5.53% (483 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 4.24% (370 million US$): 30 - Pharmaceutical products
  • 2.5% (218 million US$): 39 - Plastics and articles thereof
  • 1.84% (161 million US$): 72 - Iron and steel
  • 1.81% (158 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 1.77% (154 million US$): 22 - Beverages, spirits and vinegar

What did Cyprus import in 2020?

Cyprus's Top Imports in 2020:

  • 11.5% ($1 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
  • 7.71% ($673 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 6.5% ($567 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 5.97% ($521 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
  • 3.74% ($326 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
  • 2.04% ($178 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
  • 1.91% ($166 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
  • 1.22% ($106 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 1.16% ($102 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

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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2020