1.  Overview the trade of CYPRUS in goods current year until 202102

According to Dalian Infobank, in 202102, CYPRUS's exports and imports of goods amounted to 1121.8922 million, and were up 6.76% comparing with the same period of last year. Among these, exports were down 10.72% at 208.1464 million, and imports were up 11.75% at 913.7458 million. And the corresponding trade deficit was 705.5993 million and up 20.71%.

During the current year until 202102, CYPRUS's total exports and imports of goods were 2025.1097 million and were down 1.72% comparing to the same period of last year. Among these, exports were 379.2182 million and down 19.73%; imports were 1645.8915 million and up 3.64%. The total trade deficit was 1266.6733 million and up 13.54%.

If considering by country (region), GREECE, SOUTH KOREA, ITALY, GERMANY, UNITED KINGDOM were CYPRUS's top five trading partners. During the current year until 202102, CYPRUS's imports and exports to five countries/territories were 356.8143 million, 196.9960 million, 157.8559 million, 116.4762 million, 76.3749 million. These values correspond to 17.62%, 9.73%, 7.79%, 5.75%, 3.77% of CYPRUS's imports and exports, and, respectively, were up 1.10%, up 1712.42%, up 8.96%, up 6.09%, down 42.47% comparing to the same period of last year.

Current year until 202102, CYPRUS and the top five trade partners GREECE, UNITED KINGDOM, GERMANY, MARSHALL ISLANDS, LEBANON are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202102, CYPRUS's exports to these five countries/territories were 42.0852 million, 39.1953 million, 22.3771 million, 18.7000 million, 16.6605 million. These values correspond to 11.10%, 10.34%, 5.90%, 4.93%, 4.39% of CYPRUS's exports and, respectively, were down 12.15%, up 12.84%, up 100.30%, up 138.35%, up 890.60% comparing with the same period of last year.

Current year until 202102, CYPRUS's exports to top five countries/territories GREECE, SOUTH KOREA, ITALY, GERMANY, CHINA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202102, CYPRUS's imports from these five countries/territories were 314.7291 million, 195.9809 million, 148.5150 million, 94.0991 million, 68.0010 million. These values correspond to 19.12%, 11.91%, 9.02%, 5.72%, 4.13% of CYPRUS's total imports and, respectively, were up 3.18%, up 2120.51%, up 6.97%, down 4.59%, up 12.92% comparing with the same period of last year.

During the current year until 202102, the trade surplus of CYPRUS was mainly from LIBYA, LEBANON, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, PANAMA, MARSHALL ISLANDS at 14.1993 million, 13.4945 million, 11.0385 million, 7.9518 million, 7.5000 million, and down 64.09%, down 659.29%, down 69.44%, up 85.40%, down 4.41%. And the trade deficits were mainly from GREECE, SOUTH KOREA, ITALY, GERMANY, COUNTRIES AND TERRITORIES NOT SPECIFIED WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES at 272.6439 million, 194.9658 million, 139.1741 million, 71.7220 million, 62.7571 million, and up 6.04%, up 2774.49%, up 4.80%, down 17.98%, up 150.55%.

Current year until 202102, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202102,  commodities with hs2 codes, 89, 27, 30, 87, 85, were CYPRUS's top five traded commodities. They correspond to the import and export values of 426.6299 million, 300.8412 million, 136.4396 million, 123.9540 million, 109.0548 million, which were down 11.44%, down 24.27%, up 5.42%, up 9.75%, up 12.03% comparing with the same period of last year and account for 21.07%, 14.86%, 6.74%, 6.12%, 5.39% of CYPRUS's total imports and exports.

During the current year until 202102, 30, 89, 04, 27, 88 were CYPRUS's top five traded commodities, with total import and export values of 70.6082 million, 67.8345 million, 50.9014 million, 45.5264 million, 14.5235 million. These values correspond to 18.62%, 17.89%, 13.42%, 12.01%, 3.83% of CYPRUS's total exports and, respectively, were up 7.33%, down 39.06%, up 6.20%, down 56.11%, up 2882.10% comparing to the same period of last year.

During the current year until 202102, 89, 27, 87, 85, 84 were CYPRUS's top five traded commodities, with total import values of 358.7954 million, 255.3149 million, 120.5529 million, 94.6512 million, 80.7178 million. These values correspond to 21.80%, 15.51%, 7.32%, 5.75%, 4.90% of CYPRUS's total exports and, respectively, were down 3.13%, down 13.02%, up 9.61%, up 31.60%, up 1.92% comparing to the same period of last year.

2. Current year until 202102, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202102, CYPRUS-China binational exports and imports of goods amounted to 74.4540 million and were up 16.55% comparing with the same period of last year. Among these, exports from CYPRUS to China were 6.4530 million and up 76.32%, imports from China to CYPRUS were 68.0010 million and up 12.92%. The total binational trade deficit was 61.5480 million and up 8.82%.

During the urrent year until 202102, commodities with hs2 code, 84, 85, 94, 29, 89, were binational trade's top five traded commodities. They correspond to import and export values of 13.5027 million, 10.4020 million, 8.5072 million, 5.9288 million, 4.4130 million and makes up 18.14%, 13.97%, 11.43%, 7.96%, 5.93% of the total binational imports and exports. These values were also up 29.00%, up 50.71%, up 1.10%, down 1.04%, up 409344.81% comparing to the same period last year.

During the current year until 202102, 84, 30, 20, 90, 76 were the top five traded commodities exported to China from CYPRUS, with export values of 1.6731 million, 1.5494 million, 1.1046 million, 0.6554 million, 0.3252 million. These values account for 25.93%, 24.01%, 17.12%, 10.16%, 5.04% of CYPRUS's total exports and were up 791.39%, up 1685.20%, down 37.76%, up 27.80%, 0 comparing to the same period of last year.

During the current year until 202102, 84, 85, 94, 29, 89 were CYPRUS's top five traded commodities importing from China , with import values of 11.8296 million, 10.3892 million, 8.5072 million, 5.9288 million, 4.4130 million. These values account for 17.40%, 15.28%, 12.51%, 8.72%, 6.49% of CYPRUS's total imports and were up 15.08%, up 51.21%, up 1.10%, down 1.04%, up 409344.81% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat