1.  Overview the trade of CYPRUS in goods current year until 202106

According to Dalian Infobank, in 202106, CYPRUS's exports and imports of goods amounted to 1261.4870 million, and were up 18.05% comparing with the same period of last year. Among these, exports were up 16.93% at 350.1831 million, and imports were up 18.49% at 911.3040 million. And the corresponding trade deficit was 561.1209 million and up 19.49%.

During the current year until 202106, CYPRUS's total exports and imports of goods were 6407.9633 million and were up 13.19% comparing to the same period of last year. Among these, exports were 1536.3549 million and down 8.14%; imports were 4871.6083 million and up 22.14%. The total trade deficit was 3335.2534 million and up 44.01%.

If considering by country (region), GREECE, ITALY, GERMANY, UNITED KINGDOM, NETHERLANDS were CYPRUS's top five trading partners. During the current year until 202106, CYPRUS's imports and exports to five countries/territories were 1255.2124 million, 465.5822 million, 395.0628 million, 305.6599 million, 275.2534 million. These values correspond to 19.59%, 7.27%, 6.17%, 4.77%, 4.30% of CYPRUS's imports and exports, and, respectively, were up 22.54%, up 39.05%, up 35.04%, down 25.62%, up 35.65% comparing to the same period of last year.

Current year until 202106, CYPRUS and the top five trade partners LEBANON, UNITED KINGDOM, GREECE, LIBYA, GERMANY are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202106, CYPRUS's exports to these five countries/territories were 158.3644 million, 143.8322 million, 137.8960 million, 99.5978 million, 72.1106 million. These values correspond to 10.31%, 9.36%, 8.98%, 6.48%, 4.69% of CYPRUS's exports and, respectively, were up 1239.20%, up 39.13%, up 7.70%, up 25.75%, up 72.22% comparing with the same period of last year.

Current year until 202106, CYPRUS's exports to top five countries/territories GREECE, ITALY, GERMANY, NETHERLANDS, CHINA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202106, CYPRUS's imports from these five countries/territories were 1117.3164 million, 434.9722 million, 322.9523 million, 252.9396 million, 227.8012 million. These values correspond to 22.94%, 8.93%, 6.63%, 5.19%, 4.68% of CYPRUS's total imports and, respectively, were up 24.66%, up 37.00%, up 28.83%, up 35.42%, down 4.43% comparing with the same period of last year.

During the current year until 202106, 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 145.9092 million, 99.5971 million, 56.1772 million, 25.8187 million, 22.9724 million, and up 8124.22%, up 25.75%, down 21.65%, down 24.20%, down 1390.68%. And the trade deficits were mainly from GREECE, ITALY, GERMANY, NETHERLANDS, CHINA at 979.4203 million, 404.3622 million, 250.8417 million, 230.6259 million, 210.3465 million, and up 27.48%, up 34.71%, up 20.13%, up 35.15%, up 36.92%.

Current year until 202106, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202106,  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 1106.6751 million, 953.6909 million, 423.6225 million, 352.9659 million, 329.6920 million, which were up 26.79%, down 25.87%, up 7.98%, up 34.01%, up 7.63% comparing with the same period of last year and account for 17.27%, 14.88%, 6.61%, 5.51%, 5.15% of CYPRUS's total imports and exports.

During the current year until 202106, 89, 27, 30, 04, 85 were CYPRUS's top five traded commodities, with total import and export values of 298.6836 million, 292.6984 million, 224.6212 million, 187.4679 million, 69.5526 million. These values correspond to 19.44%, 19.05%, 14.62%, 12.20%, 4.53% of CYPRUS's total exports and, respectively, were down 52.10%, up 26.77%, up 5.95%, up 14.97%, up 15.84% comparing to the same period of last year.

During the current year until 202106, 27, 89, 87, 85, 84 were CYPRUS's top five traded commodities, with total import values of 813.9767 million, 655.0073 million, 318.6482 million, 283.4134 million, 279.9176 million. These values correspond to 16.71%, 13.45%, 6.54%, 5.82%, 5.75% of CYPRUS's total exports and, respectively, were up 26.79%, down 1.20%, up 6.60%, up 39.37%, up 8.57% comparing to the same period of last year.

2. Current year until 202106, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202106, CYPRUS-China binational exports and imports of goods amounted to 245.2558 million and were down 24.10% comparing with the same period of last year. Among these, exports from CYPRUS to China were 17.4546 million and down 79.40%, imports from China to CYPRUS were 227.8012 million and down 4.43%. The total binational trade deficit was 210.3465 million and up 36.92%.

During the urrent year until 202106, 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 49.1748 million, 30.1994 million, 22.9114 million, 17.0184 million, 15.0994 million and makes up 20.05%, 12.31%, 9.34%, 6.94%, 6.16% of the total binational imports and exports. These values were also up 32.92%, up 54.03%, up 8.29%, down 81.84%, down 16.46% comparing to the same period last year.

During the current year until 202106, 20, 30, 84, 74, 90 were the top five traded commodities exported to China from CYPRUS, with export values of 4.7956 million, 3.1601 million, 2.9654 million, 1.8127 million, 1.6752 million. These values account for 27.47%, 18.10%, 16.99%, 10.39%, 9.60% of CYPRUS's total exports and were down 15.10%, down 54.03%, up 452.37%, 0, up 48.50% comparing to the same period of last year.

During the current year until 202106, 84, 85, 94, 89, 29 were CYPRUS's top five traded commodities importing from China , with import values of 46.2094 million, 30.1431 million, 22.9111 million, 17.0184 million, 14.9992 million. These values account for 20.28%, 13.23%, 10.06%, 7.47%, 6.58% of CYPRUS's total imports and were up 26.74%, up 54.59%, up 8.29%, down 34.68%, down 16.52% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat