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Cyprus: Trade Statistics

Exporter Rank

88 / 121

Importer Rank

76 / 121

Trade Balance Rank

92 / 121

Total Trade [1]

Total Exports (2017) $3,367,844,603
Total Imports (2017) $9,291,609,597
Trade Balance (2017) ($5,923,764,994)
Exports of goods and services (% of GDP) (2018) [2] 64.28%
Imports of goods and services (% of GDP) (2018) [2] 66%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Libya $302,934,316
Greece $260,692,926
Norway $219,231,744
United Kingdom $191,872,178
Marshall Islands $149,974,582
Germany $136,815,027
Singapore $117,967,768
Netherlands $89,435,540
Israel $78,751,379
Belgium $72,635,206

Import Partners

Top 10 Import Countries

Country Import USD$
Greece $1,731,767,307
Italy $681,991,739
China $663,550,147
Germany $641,171,873
South Korea $636,732,460
United Kingdom $571,803,918
Netherlands $461,197,134
Israel $372,890,808
France $343,975,458
Spain $257,018,906

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

Top 10 Export Goods

HS Code Export USD$
(89) Ships & Boats $886,069,633
(27) Oil & Mineral Fuels $723,781,395
(30) Pharmaceuticals $309,321,475
(85) Electrical Machinery $195,081,969
(04) Dairy Products $189,289,861
(84) Industrial Machinery $147,924,626
(88) Aircraft $107,744,875
(71) Precious Stones & Metals $67,287,757
(99) Items nesoi $63,904,438
(07) Vegetables $58,231,512

Top 10 Import Goods

HS Code Import USD$
(89) Ships & Boats $2,040,243,950
(27) Oil & Mineral Fuels $1,641,474,635
(87) Motor Vehicles & Parts $649,936,152
(84) Industrial Machinery $468,285,827
(85) Electrical Machinery $382,072,796
(30) Pharmaceuticals $234,725,295
(88) Aircraft $215,826,921
(39) Plastics $190,671,372
(73) Iron & Steel Articles $174,532,654
(22) Beverages $173,178,736

Sources:

  1. UN Comtrade (2017) except where stated otherwise.
  2. The World Bank. Accessed: 9/30/2019
Cyprus