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 (%) | 2011 - 2022

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2022
TOTAL. ALL COMMODITIESCyprusWorldExportsValue (US$)1,954,770,383.001,826,017,361.002,135,207,037.243,270,283,345.843,369,091,533.693,001,461,505.903,360,808,639.955,064,927,294.833,520,898,851.703,137,095,808.173,989,812,264.344,411,253,801.01
Value Growth, YoY (%)29.75-6.5816.9353.163.02-10.9111.9750.70-30.48-10.9027.1810.56
ImportsValue (US$)8,788,557,849.007,376,933,504.006,418,314,755.398,068,197,861.337,129,415,457.477,872,929,108.919,310,362,788.6710,809,450,300.599,179,162,776.818,728,558,940.7010,231,120,563.1611,888,671,300.90
Value Growth, YoY (%)1.66-16.06-12.9925.70-11.6310.4218.2516.10-15.08-4.9017.2116.20

The value of merchandise exports from Cyprus totalled $ 4.41 billion in 2022. Merchandise exports from Cyprus increased by 10.5% compared to 2021. Goods exports grew up by $ 421 million in 2022 (the value of merchandise exports from Cyprus amounted to $3.98 billion in 2021)

Cyprus's exports 2022 by country

Top export destinations of commodities from Cyprus in 2022:

  • Ship stores and aircraft supplies with a share of 12.8% (568 million US$)
  • Hong Kong with a share of 10.7% (472 million US$)
  • Lebanon with a share of 7.51% (331 million US$)
  • Greece with a share of 7.08% (312 million US$)
  • Liberia with a share of 5.78% (255 million US$)
  • United Kingdom with a share of 5.55% (244 million US$)
  • Marshall Islands with a share of 3.92% (173 million US$)
  • United Arab Emirates with a share of 3.87% (170 million US$)
  • Libya with a share of 3.01% (133 million US$)
  • Israel with a share of 2.45% (108 million US$)

Exports structure from Cyprus in 2022 represented by the following main commodity groups:

  • 32% (1.41 billion US$): 89 - Ships, boats and floating structures
  • 23% (1.05 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 8.98% (396 million US$): 30 - Pharmaceutical products
  • 6.97% (307 million US$): 04 - Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included
  • 4.24% (187 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 3.08% (135 million US$): 33 - Essential oils and resinoids; perfumery, cosmetic or toilet preparations
  • 2.1% (93 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 1.64% (72 million US$): 99 - Commodities not specified according to kind
  • 1.22% (53 million US$): 88 - Aircraft, spacecraft, and parts thereof
  • 1.04% (45 million US$): 07 - Edible vegetables and certain roots and tubers

What did Cyprus export in 2022?

Cyprus's Top Exports in 2022:

  • 29% ($1.31 billion): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 20% ($891 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
  • 8.86% ($391 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
  • 6.89% ($304 million): 0406 - Cheese and curd
  • 2.52% ($111 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
  • 2.43% ($107 million): 8533 - Electrical resistors (including rheostats and potentiometers), other than heating resistors
  • 1.26% ($55 million): 8903 - Yachts and other vessels for pleasure or sports; rowing boats and canoes
  • 1.16% ($51 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles
  • 1.06% ($47 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

The value of merchandise imports to Cyprus totalled $ 11.8 billion in 2022. Merchandise imports to Cyprus increased by 16.2% compared to 2021. Goods imports grew up by $ 1.65 billion in 2022 (the value of merchandise imports to Cyprus was equal to $10.2 billion in 2021)

Cyprus's imports 2022 by country

Top trading partners (import sources) of Cyprus in 2022:

  • Greece with a share of 23% (2.78 billion US$)
  • Italy with a share of 10.4% (1.24 billion US$)
  • China with a share of 7.95% (945 million US$)
  • Israel with a share of 7.4% (880 million US$)
  • Germany with a share of 5.31% (632 million US$)
  • Netherlands with a share of 4.13% (492 million US$)
  • Spain with a share of 3.45% (410 million US$)
  • United Kingdom with a share of 3.13% (372 million US$)
  • Singapore with a share of 2.19% (261 million US$)
  • Belgium with a share of 2.17% (258 million US$)

Imports structure to Cyprus in 2022 represented by the following main commodity groups:

  • 23% (2.76 billion US$): 27 - Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes
  • 11.5% (1.37 billion US$): 89 - Ships, boats and floating structures
  • 5.58% (663 million US$): 85 - Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles
  • 5.54% (659 million US$): 87 - Vehicles other than railway or tramway rolling stock, and parts and accessories thereof
  • 5.14% (611 million US$): 84 - Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof
  • 3.58% (425 million US$): 30 - Pharmaceutical products
  • 2.57% (306 million US$): 39 - Plastics and articles thereof
  • 2.07% (246 million US$): 72 - Iron and steel
  • 1.84% (219 million US$): 94 - Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.s.; illuminated signs, illuminated name-plates and the like; prefabricated buildings
  • 1.78% (211 million US$): 22 - Beverages, spirits and vinegar

What did Cyprus import in 2022?

Cyprus's Top Imports in 2022:

  • 18.9% ($2.25 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% ($917 million): 8901 - Cruise ships, excursion boats, ferry-boats, cargo ships, barges and similar vessels for the transport of persons or goods
  • 4.13% ($491 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
  • 3.42% ($406 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
  • 3.07% ($365 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
  • 2.84% ($338 million): 8906 - Other vessels, including warships and lifeboats other than rowing boats
  • 1.65% ($196 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
  • 1.35% ($160 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
  • 0.986% ($117 million): 1005 - Maize (corn)
  • 0.982% ($116 million): 8802 - Other aircraft (for example, helicopters, aeroplanes); spacecraft (including satellites) and suborbital and spacecraft launch vehicles

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Cyprus | Imports and Exports | World | ALL COMMODITIES | Value (US$) and Value Growth, YoY (%) | 2011 - 2022