1.  Overview the trade of CYPRUS in goods current year until 202105

According to Dalian Infobank, in 202105, CYPRUS's exports and imports of goods amounted to 1062.9078 million, and were up 31.22% comparing with the same period of last year. Among these, exports were down 11.17% at 268.5502 million, and imports were up 56.47% at 794.3575 million. And the corresponding trade deficit was 525.8073 million and up 156.05%.

During the current year until 202105, CYPRUS's total exports and imports of goods were 5146.4762 million and were up 12.06% comparing to the same period of last year. Among these, exports were 1186.1719 million and down 13.61%; imports were 3960.3044 million and up 23.01%. The total trade deficit was 2774.1325 million and up 50.25%.

If considering by country (region), GREECE, ITALY, GERMANY, UNITED KINGDOM, NETHERLANDS were CYPRUS's top five trading partners. During the current year until 202105, CYPRUS's imports and exports to five countries/territories were 1002.0593 million, 400.2806 million, 321.8601 million, 239.0619 million, 226.7075 million. These values correspond to 19.47%, 7.78%, 6.25%, 4.65%, 4.41% of CYPRUS's imports and exports, and, respectively, were up 23.43%, up 44.41%, up 31.74%, down 32.67%, up 29.53% comparing to the same period of last year.

Current year until 202105, CYPRUS and the top five trade partners GREECE, UNITED KINGDOM, LEBANON, LIBYA, GERMANY are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202105, CYPRUS's exports to these five countries/territories were 114.4219 million, 112.6280 million, 103.7813 million, 87.4204 million, 58.3033 million. These values correspond to 9.65%, 9.50%, 8.75%, 7.37%, 4.92% of CYPRUS's exports and, respectively, were up 3.99%, up 37.51%, up 2342.43%, up 27.40%, up 60.03% comparing with the same period of last year.

Current year until 202105, CYPRUS's exports to top five countries/territories GREECE, ITALY, GERMANY, NETHERLANDS, SOUTH KOREA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202105, CYPRUS's imports from these five countries/territories were 887.6374 million, 378.8278 million, 263.5568 million, 209.0268 million, 206.7431 million. These values correspond to 22.41%, 9.57%, 6.65%, 5.28%, 5.22% of CYPRUS's total imports and, respectively, were up 26.48%, up 44.50%, up 26.78%, up 28.88%, up 1302.92% comparing with the same period of last year.

During the current year until 202105, the trade surplus of CYPRUS was mainly from LEBANON, LIBYA, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF INTRA-EU TRADE, HONG KONG at 93.6172 million, 87.4197 million, 44.0627 million, 18.4527 million, 16.8692 million, and down 2428.86%, up 27.39%, down 25.43%, down 41.06%, down 1417.83%. And the trade deficits were mainly from GREECE, ITALY, GERMANY, SOUTH KOREA, NETHERLANDS at 773.2155 million, 357.3750 million, 205.2534 million, 202.2727 million, 191.3462 million, and up 30.66%, up 44.61%, up 19.71%, up 1775.17%, up 28.11%.

Current year until 202105, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202105,  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 859.9440 million, 778.2929 million, 346.7383 million, 288.2044 million, 268.3480 million, which were up 26.26%, down 27.47%, up 6.46%, up 38.32%, up 18.65% comparing with the same period of last year and account for 16.71%, 15.12%, 6.74%, 5.60%, 5.21% of CYPRUS's total imports and exports.

During the current year until 202105, 27, 89, 30, 04, 85 were CYPRUS's top five traded commodities, with total import and export values of 207.2370 million, 201.3423 million, 183.0392 million, 152.3135 million, 56.5868 million. These values correspond to 17.47%, 16.97%, 15.43%, 12.84%, 4.77% of CYPRUS's total exports and, respectively, were up 18.34%, down 61.64%, up 4.61%, up 15.68%, up 7.86% comparing to the same period of last year.

During the current year until 202105, 27, 89, 87, 85, 84 were CYPRUS's top five traded commodities, with total import values of 652.7070 million, 576.9505 million, 259.1981 million, 231.6177 million, 228.2722 million. These values correspond to 16.48%, 14.57%, 6.54%, 5.85%, 5.76% of CYPRUS's total exports and, respectively, were up 29.00%, up 5.23%, up 17.95%, up 48.57%, up 10.57% comparing to the same period of last year.

2. Current year until 202105, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202105, CYPRUS-China binational exports and imports of goods amounted to 196.5437 million and were down 22.57% comparing with the same period of last year. Among these, exports from CYPRUS to China were 14.9162 million and down 81.42%, imports from China to CYPRUS were 181.6274 million and up 4.65%. The total binational trade deficit was 166.7112 million and up 78.74%.

During the urrent year until 202105, 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 40.9814 million, 25.3861 million, 17.1970 million, 12.9192 million, 11.0928 million and makes up 20.85%, 12.92%, 8.75%, 6.57%, 5.64% of the total binational imports and exports. These values were also up 46.37%, up 70.39%, down 8.11%, down 8.43%, down 88.15% comparing to the same period last year.

During the current year until 202105, 20, 30, 84, 90, 74 were the top five traded commodities exported to China from CYPRUS, with export values of 3.9511 million, 3.0173 million, 2.7004 million, 1.4896 million, 1.4208 million. These values account for 26.49%, 20.23%, 18.10%, 9.99%, 9.53% of CYPRUS's total exports and were down 11.24%, down 31.51%, up 410.87%, up 64.50%, 0 comparing to the same period of last year.

During the current year until 202105, 84, 85, 94, 29, 89 were CYPRUS's top five traded commodities importing from China , with import values of 38.2811 million, 25.3323 million, 17.1967 million, 12.8190 million, 11.0928 million. These values account for 21.08%, 13.95%, 9.47%, 7.06%, 6.11% of CYPRUS's total imports and were up 39.36%, up 71.13%, down 8.11%, down 9.14%, down 57.34% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat