Annual International Trade Statistics by Country (HS)
Publication date: 2022-11-14
Reporting period: 2002 - 2021
Timeseries: 194 million
Source:TrendEconomy
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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021

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TOTAL. ALL COMMODITIESCyprusWorldExportsValue (US$)1,506,457,953.001,954,770,383.001,826,017,361.002,134,405,446.001,923,547,446.001,934,875,215.002,997,208,894.003,360,377,370.005,065,369,407.003,520,898,851.003,137,095,808.173,886,870,798.53
Value Growth, YoY (%)11.5129.75-6.5816.88-9.870.5854.9012.1150.73-30.49-10.9023.90
ImportsValue (US$)8,644,721,987.008,788,557,849.007,376,933,504.006,418,215,727.006,828,600,812.005,699,349,689.007,867,367,482.009,308,162,125.0010,812,572,215.009,179,162,776.008,728,558,940.7010,088,630,320.53
Value Growth, YoY (%)8.961.66-16.06-12.996.39-16.5338.0318.3116.16-15.10-4.9015.58

The value of merchandise exports from Cyprus totalled $ 3.88 billion in 2021. Merchandise exports from Cyprus increased by 23% compared to 2020. Goods exports grew up by $ 749 million in 2021 (the value of merchandise exports from Cyprus amounted to $3.13 billion in 2020)

Cyprus's exports 2021 by country

Top export destinations of commodities from Cyprus in 2021:

  • Lebanon with a share of 8.68% (337 million US$)
  • Greece with a share of 7.66% (298 million US$)
  • Marshall Islands with a share of 7.64% (297 million US$)
  • Ship stores and aircraft supplies with a share of 6.71% (261 million US$)
  • United Kingdom with a share of 6.47% (251 million US$)
  • British Virgin Islands with a share of 6.13% (238 million US$)
  • Libya with a share of 5.49% (213 million US$)
  • Liberia with a share of 4.24% (164 million US$)
  • Germany with a share of 2.97% (115 million US$)
  • Norway with a share of 2.93% (114 million US$)

Exports structure from Cyprus in 2021 represented by the following main commodity groups:

  • 31% (1.22 billion US$): 89 - Ships, boats and floating structures
  • 19.5% (758 million US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 10.6% (412 million US$): 30 - Pharmaceutical products
  • 8.15% (316 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 4.27% (166 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.74% (145 million US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 2.23% (86 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.23% (47 million US$): 07 - Edible vegetables and certain roots and tubers
  • 1.17% (45 million US$): 29 - Organic chemicals
  • 1.16% (45 million US$): 99 - Commodities not specified according to kind

What did Cyprus export in 2021?

Cyprus's Top Exports in 2021:

  • 22% ($876 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 18% ($700 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
  • 10.4% ($407 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
  • 8.06% ($313 million): 0406 - Cheese and curd
  • 7.03% ($273 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 3.26% ($127 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
  • 2.18% ($85 million): 8533 - Electrical resistors (including rheostats and potentiometers), other than heating resistors
  • 1.25% ($48 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
  • 1.2% ($46 million): 0701 - Potatoes, fresh or chilled

The value of merchandise imports to Cyprus totalled $ 10 billion in 2021. Merchandise imports to Cyprus increased by 15.5% compared to 2020. Goods imports grew up by $ 1.36 billion in 2021 (the value of merchandise imports to Cyprus was equal to $8.72 billion in 2020)

Cyprus's imports 2021 by country

Top trading partners (import sources) of Cyprus in 2021:

  • Greece with a share of 23% (2.4 billion US$)
  • Italy with a share of 10.2% (1.03 billion US$)
  • Germany with a share of 6.17% (623 million US$)
  • Netherlands with a share of 5.12% (517 million US$)
  • China with a share of 5.04% (508 million US$)
  • Israel with a share of 4.72% (476 million US$)
  • United Kingdom with a share of 3.81% (385 million US$)
  • Spain with a share of 3.23% (325 million US$)
  • Belgium with a share of 3.03% (306 million US$)
  • Korea with a share of 2.21% (223 million US$)

Imports structure to Cyprus in 2021 represented by the following main commodity groups:

  • 18.4% (1.85 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 10.5% (1.06 billion US$): 89 - Ships, boats and floating structures
  • 6.16% (622 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.92% (597 million US$): 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
  • 5.75% (580 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.88% (391 million US$): 30 - Pharmaceutical products
  • 2.8% (283 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 2.57% (259 million US$): 39 - Plastics and articles thereof
  • 2.31% (233 million US$): 72 - Iron and steel
  • 1.98% (200 million US$): 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 2021?

Cyprus's Top Imports in 2021:

  • 14.6% ($1.48 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
  • 7.04% ($711 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 4.41% ($445 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
  • 3.36% ($339 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
  • 3% ($303 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
  • 2.76% ($278 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 2.29% ($231 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 2.07% ($209 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
  • 1.48% ($149 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
  • 0.998% ($100 million): 9403 - Other furniture and parts thereof

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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2010 - 2021