1.  Overview the trade of CYPRUS in goods current year until 202104

According to Dalian Infobank, in 202104, CYPRUS's exports and imports of goods amounted to 1104.7632 million, and were up 53.64% comparing with the same period of last year. Among these, exports were up 3.17% at 282.2533 million, and imports were up 84.62% at 822.5099 million. And the corresponding trade deficit was 540.2567 million and up 214.23%.

During the current year until 202104, CYPRUS's total exports and imports of goods were 4083.2475 million and were up 7.95% comparing to the same period of last year. Among these, exports were 917.6216 million and down 14.30%; imports were 3165.6258 million and up 16.74%. The total trade deficit was 2248.0042 million and up 36.99%.

If considering by country (region), GREECE, ITALY, GERMANY, SOUTH KOREA, UNITED KINGDOM were CYPRUS's top five trading partners. During the current year until 202104, CYPRUS's imports and exports to five countries/territories were 806.7598 million, 313.4334 million, 230.2097 million, 207.6059 million, 184.2212 million. These values correspond to 19.76%, 7.68%, 5.64%, 5.08%, 4.51% of CYPRUS's imports and exports, and, respectively, were up 27.74%, up 32.95%, up 12.28%, up 1151.71%, down 41.01% comparing to the same period of last year.

Current year until 202104, CYPRUS and the top five trade partners GREECE, UNITED KINGDOM, LEBANON, GERMANY, LIBYA are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202104, CYPRUS's exports to these five countries/territories were 92.9177 million, 83.9183 million, 72.7006 million, 48.7738 million, 40.4825 million. These values correspond to 10.13%, 9.15%, 7.92%, 5.32%, 4.41% of CYPRUS's exports and, respectively, were up 2.49%, up 26.76%, up 1824.51%, up 67.02%, down 27.06% comparing with the same period of last year.

Current year until 202104, CYPRUS's exports to top five countries/territories GREECE, ITALY, SOUTH KOREA, GERMANY, NETHERLANDS are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202104, CYPRUS's imports from these five countries/territories were 713.8421 million, 295.1489 million, 203.4876 million, 181.4359 million, 152.8856 million. These values correspond to 22.55%, 9.32%, 6.43%, 5.73%, 4.83% of CYPRUS's total imports and, respectively, were up 31.97%, up 31.81%, up 1465.10%, up 3.19%, up 6.86% comparing with the same period of last year.

During the current year until 202104, the trade surplus of CYPRUS was mainly from LEBANON, LIBYA, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, HONG KONG, MARSHALL ISLANDS at 63.9250 million, 40.4818 million, 31.9363 million, 17.8851 million, 16.0605 million, and down 2002.33%, down 27.06%, down 42.08%, down 2902.52%, down 85.49%. And the trade deficits were mainly from GREECE, ITALY, SOUTH KOREA, NETHERLANDS, GERMANY at 620.9244 million, 276.8643 million, 199.3692 million, 140.4167 million, 132.6620 million, and up 37.90%, up 30.54%, up 2017.02%, up 6.27%, down 9.52%.

Current year until 202104, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202104,  commodities with hs2 codes, 27, 89, 30, 85, 87, were CYPRUS's top five traded commodities. They correspond to the import and export values of 681.5711 million, 656.7373 million, 281.8385 million, 232.9716 million, 219.4962 million, which were up 17.84%, down 30.07%, up 10.20%, up 36.82%, up 13.26% comparing with the same period of last year and account for 16.69%, 16.08%, 6.90%, 5.71%, 5.38% of CYPRUS's total imports and exports.

During the current year until 202104, 89, 30, 27, 04, 85 were CYPRUS's top five traded commodities, with total import and export values of 175.0520 million, 149.3186 million, 142.7359 million, 120.0279 million, 46.1228 million. These values correspond to 19.08%, 16.27%, 15.55%, 13.08%, 5.03% of CYPRUS's total exports and, respectively, were down 56.73%, up 10.96%, down 2.25%, up 15.67%, down 1.30% comparing to the same period of last year.

During the current year until 202104, 27, 89, 87, 85, 84 were CYPRUS's top five traded commodities, with total import values of 538.8351 million, 481.6852 million, 212.0717 million, 186.8488 million, 180.7037 million. These values correspond to 17.02%, 15.22%, 6.70%, 5.90%, 5.71% of CYPRUS's total exports and, respectively, were up 24.63%, down 9.89%, up 13.02%, up 51.23%, up 17.88% comparing to the same period of last year.

2. Current year until 202104, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202104, CYPRUS-China binational exports and imports of goods amounted to 151.1131 million and were down 26.91% comparing with the same period of last year. Among these, exports from CYPRUS to China were 12.9072 million and down 82.70%, imports from China to CYPRUS were 138.2060 million and up 4.60%. The total binational trade deficit was 125.2988 million and up 117.87%.

During the urrent year until 202104, commodities with hs2 code, 84, 85, 94, 89, 29, were binational trade's top five traded commodities. They correspond to import and export values of 30.1325 million, 20.2147 million, 13.8326 million, 11.0595 million, 10.4431 million and makes up 19.94%, 13.38%, 9.15%, 7.32%, 6.91% of the total binational imports and exports. These values were also up 41.59%, up 63.89%, up 0.88%, down 88.19%, down 0.24% comparing to the same period last year.

During the current year until 202104, 20, 30, 84, 90, 74 were the top five traded commodities exported to China from CYPRUS, with export values of 3.0234 million, 3.0173 million, 2.5206 million, 1.3228 million, 0.9019 million. These values account for 23.42%, 23.38%, 19.53%, 10.25%, 6.99% of CYPRUS's total exports and were down 15.71%, up 2127.27%, up 381.48%, up 84.33%, 0 comparing to the same period of last year.

During the current year until 202104, 84, 85, 94, 89, 29 were CYPRUS's top five traded commodities importing from China , with import values of 27.6120 million, 20.1786 million, 13.8324 million, 11.0595 million, 10.3429 million. These values account for 19.98%, 14.60%, 10.01%, 8.00%, 7.48% of CYPRUS's total imports and were up 33.02%, up 64.59%, up 0.88%, down 57.47%, down 1.20% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat