Trade Profiles
2021 Trade in commercial services
Transport
Travel Other commercial services
Industrial property
Merchandise trade Agricultural products Nonagricultural products
Cyprus
Cyprus
GDP (million current US$, 2020) GDP per capita (US$, 2018-2020) Current account balance (% GDP, 2020) Trade per capita (US$, 2018-2020) Trade (% GDP, 2018-2020)
23 967 28 272 -10.3 20 332 71.9
Rank in world trade, 2020 Merchandise excluding intra-EU trade Commercial services excluding intra-EU trade
Exports
126 48 -
Imports
100 56 -
MERCHANDISE TRADE Value
Million US$ Merchandise exports, f.o.b. Merchandise imports, c.i.f.
Annual percentage change
2020 3 057 8 598
2010-2020 8 0
2020 0.02
Share in world total imports (%)
Share in world total exports (%)
2019 -32 -16
2020 -11 -6 2020 0.05
Breakdown in economy's total exports
Breakdown in economy's total imports
By main commodity group, % (2019)
By main commodity group, % (2019)
Agricultural products: 14.7
Fuels and mining products: 23
Agricultural products: 15.3
Fuels and mining products: 19.6
Manufactures: 59
Other: 3.3
Manufactures: 63.6
Other: 1.6
By main destination, % (2020)
By main origin, % (2020)
European Union: 31.4
Liberia: 7.4
United Kingdom: 6.5
Libya: 5.9
Marshall Islands: 5.7
Other: 43.1
European Union: 58 China: 6 Israel: 3.6
United Kingdom: 8.1 Virgin Islands, British: 4.3 Other: 20
Agricultural Products Value
Top exported products (Million US$) HS0406 HS0701 HS2402 HS2009 HS2208
2020 . 269 37 29 26 20
Cheese and curd Potatoes, fresh or chilled Cigars, cheroots, cigarillos Fruit juices and vegetable juices Alcohol of less than 80% volume
Value
Top imported products (Million US$) HS2402 HS2309 HS2106 HS1005 HS0406
2020
Cigars, cheroots, cigarillos Preparations of a kind used in animal feeding Other food preparations Maize (corn) Cheese and curd
74 60 56 53 50
Share in economy's trade in agricultural products Exports 0%
20%
40%
Imports 60%
80%
0%
HS0406
HS2402
HS0701
HS2309
HS2402
HS2106
HS2009
HS1005
HS2208
HS0406
5%
10%
Million US$ Exports Imports
Value
2020 466 1 091
Annual percentage change
2010-2020 3 -1
2019 3 -2
2020 -9 -18
Non-Agricultural Products Value
Top exported products (Million US$) HS8901 HS2710 HS3004 HS8906 HS8533
Vessels for transport Petroleum oils, other than crude Medicaments in measured doses Other vessels Electrical resistors
2020
Top imported products (Million US$)
643 409 374 120 48
HS2710 HS8903 HS8901 HS8703 HS3004
Value 2020
Petroleum oils, other than crude Vessels for pleasure or sports Vessels for transport Motor cars for transport of persons Medicaments in measured doses
881 582 497 457 285
Share in economy's trade in non-agricultural products Exports 0%
98
20%
Imports 40%
0%
HS8901
HS2710
HS2710
HS8903
HS3004
HS8901
HS8906
HS8703
HS8533
HS3004
5%
10%
15%
Million US$ Exports Imports
Value
2020 2 206 6 338
Annual percentage change
2010-2020 7 -1
2019 -35 -17
2020 -25 -18
World Trade Organization – Trade Profiles 2021
Cyprus TRADE IN COMMERCIAL SERVICES Value
Million US$ Commercial services exports Commercial services imports
Annual percentage change
2020
2010-2020
12 563 9 361 2020 0.26
Share in world total exports (%) Breakdown in economy's total exports
2019
2020
-1 7
-12 -1
3 6
2020 0.20
Share in world total imports (%) Breakdown in economy's total imports
By main services item, % (2020)
By main services item, % (2020)
Transport: 25.4 Other commercial services: 68.9
Travel: 5.2 Goods-related services: 0.4
Transport: 18.9 Other commercial services: 71.5
By main destination, % (2020)
Travel: 9.4 Goods-related services: 0.2
By main origin, % (2020)
European Union: 34.8 United States of America: 12.1 Switzerland: 2.2
Russian Federation: 16.5 United Kingdom: 11 Other: 23.4
European Union: 30.6 Russian Federation: 3.6 China: 0.7
Value
FATS sales Inward (million US$) Outward (million US$)
United States of America: 9.2 Hong Kong, China: 1.5 Other: 54.5
Annual percentage change
2018 5 076 2 564
2010-2018 21 -2
2017 16 17
2018 10 9
Transport Cyprus
200
World
100 0
2010
2013
2016
Value
Million US$ Exports Imports
2020 3 192 1 768
Exports By sea (2020) By air (2020) By other (2015)
2020
Transport exports (Index 2010=100)
2010-2020 0 1
Value
Share (%)
3 093 87 12
96.9 2.7 0.4
Annual percentage change 2019 -5 2
Imports By sea (2020) By air (2020) By other (2019)
2020 -12 -25
Value
Share (%)
1 473 289 3
83.3 16.4 0.1
Travel Cyprus
200
World
Value
Million US$ Exports Imports
100 0
2010
2013
2016
2020 658 879
2010-2020 -11 -4
Annual percentage change 2019 -6 2
2020 -80 -45
2020
Travel exports (Index 2010=100)
Other Commercial Services and Goods-related Services Million US$
Exports of OCS by main item (2020) 6.5
7.4
51.8
2020
2010-2020
Other commercial services Exports 8 660 Imports 6 693
Financial services ICTs
34.3
Value
Other business services Other
9 11
2020
Goods-related services Exports Imports
Annual percentage change
2010-2020
53 21
5 na
2019
2020
2 14
20 22
2019
2020
99 -82
-62 -32
INDUSTRIAL PROPERTY Patent applications, 2019 Residents
4
Trademark applications, 2019
Non-residents
1
Total
5
World Trade Organization – Trade Profiles 2021
Residents
1 087
Non-residents
1 139
Industrial design applications, 2019 Total
2 226
Residents
17
Non-residents
na
Total
17
99