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Cyprus: Trade Statistics

Exporter Rank

102 / 138

Importer Rank

91 / 138

Trade Balance Rank

100 / 138

Total Trade [1]

Total Exports (2021) $3,989,812,264
Total Imports (2021) $10,231,120,563
Trade Balance (2021) ($6,241,308,299)
Exports of goods and services (% of GDP) (2022) [2] 91.52%
Imports of goods and services (% of GDP) (2022) [2] 91.9%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Lebanon $337,658,689
Greece $307,732,219
Marshall Islands $297,143,828
United Kingdom $250,354,103
Libya $213,722,211
Liberia $191,449,363
Germany $120,322,044
Norway $114,251,666
Israel $105,820,790
Russia $90,614,279

Import Partners

Top 10 Import Countries

Country Import USD$
Greece $2,455,720,626
Italy $1,045,211,508
Germany $637,499,979
Netherlands $527,146,741
China $509,866,048
Israel $476,437,860
United Kingdom $377,433,029
Spain $351,428,559
Belgium $308,202,229
South Korea $223,600,810

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

Top 10 Export Goods

HS Code Export USD$
(89) Ships & Boats $1,291,152,660
(27) Oil & Mineral Fuels $758,691,101
(30) Pharmaceuticals $416,803,591
(04) Dairy Products $317,488,848
(85) Electrical Machinery $170,140,998
(33) Cosmetics $145,287,301
(84) Industrial Machinery $86,505,973
(07) Vegetables $51,010,618
(29) Organic Chemicals $45,801,041
(99) Items nesoi $44,802,409

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $1,858,963,924
(89) Ships & Boats $1,063,170,657
(87) Motor Vehicles & Parts $624,878,755
(85) Electrical Machinery $611,595,716
(84) Industrial Machinery $588,517,600
(30) Pharmaceuticals $396,276,838
(88) Aircraft $321,754,935
(39) Plastics $263,041,843
(72) Iron & Steel $236,039,377
(94) Furniture $197,580,707

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Cyprus