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Cyprus: Trade Statistics

Exporter Rank

95 / 127

Importer Rank

82 / 127

Trade Balance Rank

97 / 127

Total Trade [1]

Total Exports (2019) $3,520,899,557
Total Imports (2019) $9,179,162,817
Trade Balance (2019) ($5,658,263,260)
Exports of goods and services (% of GDP) (2020) [2] 76.03%
Imports of goods and services (% of GDP) (2020) [2] 78.56%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Netherlands $455,355,177
Libya $353,194,845
Greece $257,165,644
United Kingdom $209,927,069
Hong Kong $90,664,715
Marshall Islands $79,209,851
United States $76,102,439
Norway $73,537,540
Germany $72,577,726
Israel $69,536,973

Import Partners

Top 10 Import Countries

Country Import USD$
Greece $1,855,624,296
Italy $934,687,205
United Kingdom $646,548,909
Israel $552,703,331
Germany $549,112,582
China $461,257,946
Netherlands $396,691,236
South Korea $384,048,947
Spain $369,532,025
France $290,986,158

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(89) Ships & Boats $1,125,917,557
(27) Oil & Mineral Fuels $729,533,004
(30) Pharmaceuticals $367,605,581
(04) Dairy Products $257,348,172
(85) Electrical Machinery $160,967,275
(84) Industrial Machinery $106,214,272
(99) Items nesoi $75,879,912
(07) Vegetables $55,829,967
(73) Iron & Steel Articles $51,399,011
(29) Organic Chemicals $49,971,800

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $1,725,250,374
(89) Ships & Boats $1,230,030,458
(87) Motor Vehicles & Parts $725,229,742
(84) Industrial Machinery $523,048,669
(85) Electrical Machinery $486,949,073
(30) Pharmaceuticals $310,018,181
(39) Plastics $217,810,858
(72) Iron & Steel $187,498,325
(22) Beverages $176,812,410
(94) Furniture $166,381,420

Sources:

  1. UN Comtrade (2019) except where stated otherwise.
  2. The World Bank. Accessed: 1/21/2022
Cyprus