1.  Overview the trade of CYPRUS in goods current year until 202007

According to Dalian Infobank, in 202007, CYPRUS's exports and imports of goods amounted to 961.3898 million, and were down 12.20% comparing with the same period of last year. Among these, exports were down 12.94% at 239.5907 million, and imports were down 11.96% at 721.7991 million. And the corresponding trade deficit was 482.2084 million and down 11.46%.

During the current year until 202007, CYPRUS's total exports and imports of goods were 6668.1374 million and were down 12.64% comparing to the same period of last year. Among these, exports were 1914.5399 million and down 12.24%; imports were 4753.5975 million and down 12.79%. The total trade deficit was 2839.0576 million and down 13.16%.

If considering by country (region), GREECE, UNITED KINGDOM, ITALY, GERMANY, CHINA were CYPRUS's top five trading partners. During the current year until 202007, CYPRUS's imports and exports to five countries/territories were 1211.4489 million, 485.7206 million, 408.7698 million, 380.8803 million, 360.0463 million. These values correspond to 18.17%, 7.28%, 6.13%, 5.71%, 5.40% of CYPRUS's imports and exports, and, respectively, were down 5.06%, down 6.20%, down 28.70%, down 0.49%, up 22.67% comparing to the same period of last year.

Current year until 202007, CYPRUS and the top five trade partners LIBERIA, GREECE, MARSHALL ISLANDS, UNITED KINGDOM, FRANCE are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202007, CYPRUS's exports to these five countries/territories were 200.3786 million, 153.4968 million, 124.6324 million, 123.3739 million, 106.9700 million. These values correspond to 10.47%, 8.02%, 6.51%, 6.44%, 5.59% of CYPRUS's exports and, respectively, were up 650.99%, down 9.69%, up 359.94%, down 7.83%, up 278.73% comparing with the same period of last year.

Current year until 202007, CYPRUS's exports to top five countries/territories GREECE, ITALY, UNITED KINGDOM, GERMANY, CHINA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202007, CYPRUS's imports from these five countries/territories were 1057.9521 million, 389.4113 million, 362.3466 million, 332.1873 million, 273.7028 million. These values correspond to 22.26%, 8.19%, 7.62%, 6.99%, 5.76% of CYPRUS's total imports and, respectively, were down 4.35%, down 27.37%, down 5.64%, down 1.86%, up 0.69% comparing with the same period of last year.

During the current year until 202007, the trade surplus of CYPRUS was mainly from LIBERIA, MARSHALL ISLANDS, LIBYA, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF INTRA-EU TRADE at 197.7876 million, 120.1794 million, 102.6462 million, 77.7136 million, 43.1627 million, and down 782.60%, up 707.66%, down 48.79%, down 26.86%, down 59.34%. And the trade deficits were mainly from GREECE, ITALY, GERMANY, UNITED KINGDOM, NETHERLANDS at 904.4553 million, 370.0528 million, 283.4944 million, 238.9727 million, 222.9933 million, and down 3.38%, down 25.85%, down 3.64%, down 4.46%, down 206.42%.

Current year until 202007, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202007,  commodities with hs2 codes, 89, 27, 30, 87, 84, were CYPRUS's top five traded commodities. They correspond to the import and export values of 1371.6524 million, 1042.3571 million, 479.6016 million, 372.1375 million, 364.5310 million, which were down 11.42%, down 28.97%, up 23.04%, down 13.89%, down 6.43% comparing with the same period of last year and account for 20.57%, 15.63%, 7.19%, 5.58%, 5.47% of CYPRUS's total imports and exports.

During the current year until 202007, 89, 27, 30, 04, 85 were CYPRUS's top five traded commodities, with total import and export values of 662.8691 million, 282.3208 million, 255.4702 million, 191.9958 million, 71.3142 million. These values correspond to 34.62%, 14.75%, 13.34%, 10.03%, 3.72% of CYPRUS's total exports and, respectively, were down 11.64%, down 34.70%, up 21.59%, up 19.55%, down 28.42% comparing to the same period of last year.

During the current year until 202007, 27, 89, 87, 84, 85 were CYPRUS's top five traded commodities, with total import values of 760.0363 million, 708.7833 million, 361.7740 million, 309.5320 million, 248.9862 million. These values correspond to 15.99%, 14.91%, 7.61%, 6.51%, 5.24% of CYPRUS's total exports and, respectively, were down 26.57%, down 11.21%, down 13.88%, down 3.54%, down 5.25% comparing to the same period of last year.

2. Current year until 202007, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202007, CYPRUS-China binational exports and imports of goods amounted to 360.0463 million and were up 22.67% comparing with the same period of last year. Among these, exports from CYPRUS to China were 86.3435 million and up 298.10%, imports from China to CYPRUS were 273.7028 million and up 0.69%. The total binational trade deficit was 187.3592 million and down 25.10%.

During the urrent year until 202007, commodities with hs2 code, 89, 84, 87, 94, 85, were binational trade's top five traded commodities. They correspond to import and export values of 93.6913 million, 46.9486 million, 34.3161 million, 25.4358 million, 24.2053 million and makes up 26.02%, 13.04%, 9.53%, 7.06%, 6.72% of the total binational imports and exports. These values were also up 135.44%, up 11.06%, up 850.49%, down 19.68%, down 30.59% comparing to the same period last year.

During the current year until 202007, 89, 30, 20, 90, 22 were the top five traded commodities exported to China from CYPRUS, with export values of 67.6387 million, 6.9028 million, 6.1051 million, 1.6197 million, 1.2304 million. These values account for 78.34%, 7.99%, 7.07%, 1.88%, 1.42% of CYPRUS's total exports and were 0, down 13.82%, down 17.64%, up 54.41%, up 1.91% comparing to the same period of last year.

During the current year until 202007, 84, 87, 89, 94, 85 were CYPRUS's top five traded commodities importing from China , with import values of 46.3967 million, 34.3161 million, 26.0526 million, 25.4349 million, 24.0612 million. These values account for 16.95%, 12.54%, 9.52%, 9.29%, 8.79% of CYPRUS's total imports and were up 10.23%, up 852.18%, down 34.53%, down 19.66%, down 30.73% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat