1.  Overview the trade of CYPRUS in goods current year until 202107

According to Dalian Infobank, in 202107, CYPRUS's exports and imports of goods amounted to 1301.3395 million, and were up 28.60% comparing with the same period of last year. Among these, exports were up 45.63% at 350.4326 million, and imports were up 23.29% at 950.9069 million. And the corresponding trade deficit was 600.4743 million and up 13.15%.

During the current year until 202107, CYPRUS's total exports and imports of goods were 7707.8251 million and were up 15.51% comparing to the same period of last year. Among these, exports were 1886.7876 million and down 1.38%; imports were 5821.0376 million and up 22.29%. The total trade deficit was 3934.2500 million and up 38.21%.

If considering by country (region), GREECE, INTRA-EU, ITALY, GERMANY, UNITED KINGDOM were CYPRUS's top five trading partners. During the current year until 202107, CYPRUS's imports and exports to five countries/territories were 1255.2049 million, 827.5400 million, 465.5777 million, 393.8233 million, 305.6599 million. These values correspond to 16.28%, 10.74%, 6.04%, 5.11%, 3.97% of CYPRUS's imports and exports, and, respectively, were up 4.43%, 0, up 13.49%, up 6.36%, down 35.36% comparing to the same period of last year.

Current year until 202107, CYPRUS and the top five trade partners LEBANON, UNITED KINGDOM, GREECE, LIBYA, INTRA-EU are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202107, CYPRUS's exports to these five countries/territories were 196.5141 million, 143.8322 million, 137.8960 million, 134.8401 million, 118.2200 million. These values correspond to 10.42%, 7.62%, 7.31%, 7.15%, 6.27% of CYPRUS's exports and, respectively, were up 699.86%, up 18.00%, down 8.76%, up 31.36%, 0 comparing with the same period of last year.

Current year until 202107, CYPRUS's exports to top five countries/territories GREECE, INTRA-EU, 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 202107, CYPRUS's imports from these five countries/territories were 1117.3088 million, 709.3200 million, 434.9677 million, 321.7127 million, 274.4593 million. These values correspond to 19.19%, 12.19%, 7.47%, 5.53%, 4.71% of CYPRUS's total imports and, respectively, were up 6.33%, 0, up 11.31%, down 0.18%, down 16.31% comparing with the same period of last year.

During the current year until 202107, the trade surplus of CYPRUS was mainly from LEBANON, LIBYA, NORWAY, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF INTRA-EU TRADE at 181.2915 million, 134.8393 million, 87.7782 million, 70.2093 million, 25.8187 million, and up 1362.73%, up 31.36%, down 497.41%, down 14.10%, down 35.47%. And the trade deficits were mainly from GREECE, INTRA-EU, ITALY, CHINA, GERMANY at 979.4128 million, 591.1000 million, 404.3577 million, 254.5706 million, 249.6022 million, and up 8.86%, 0, up 8.89%, up 5.37%, down 9.02%.

Current year until 202107, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202107,  commodities with hs2 codes, 27, 89, 99, 30, 85, were CYPRUS's top five traded commodities. They correspond to the import and export values of 1258.1091 million, 1041.9759 million, 904.1895 million, 448.4757 million, 370.2285 million, which were up 21.24%, down 27.04%, up 1182.97%, down 5.49%, up 14.33% comparing with the same period of last year and account for 16.32%, 13.52%, 11.73%, 5.82%, 4.80% of CYPRUS's total imports and exports.

During the current year until 202107, 89, 27, 30, 04, 99 were CYPRUS's top five traded commodities, with total import and export values of 379.9260 million, 366.3639 million, 241.9355 million, 190.1512 million, 145.3730 million. These values correspond to 20.14%, 19.42%, 12.82%, 10.08%, 7.70% of CYPRUS's total exports and, respectively, were down 42.62%, up 29.37%, down 5.06%, down 1.38%, up 237.07% comparing to the same period of last year.

During the current year until 202107, 27, 99, 89, 87, 84 were CYPRUS's top five traded commodities, with total import values of 891.7452 million, 758.8165 million, 662.0499 million, 329.5919 million, 298.3306 million. These values correspond to 15.32%, 13.04%, 11.37%, 5.66%, 5.13% of CYPRUS's total exports and, respectively, were up 18.19%, up 2674.69%, down 13.58%, down 5.99%, down 2.65% comparing to the same period of last year.

2. Current year until 202107, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202107, CYPRUS-China binational exports and imports of goods amounted to 294.3480 million and were down 28.95% comparing with the same period of last year. Among these, exports from CYPRUS to China were 19.8887 million and down 76.97%, imports from China to CYPRUS were 274.4593 million and down 16.31%. The total binational trade deficit was 254.5706 million and up 5.37%.

During the urrent year until 202107, 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 61.0509 million, 34.9801 million, 28.7375 million, 18.3361 million, 17.0200 million and makes up 20.74%, 11.88%, 9.76%, 6.23%, 5.78% of the total binational imports and exports. These values were also up 30.04%, up 44.51%, up 12.98%, down 16.55%, down 88.32% comparing to the same period last year.

During the current year until 202107, 20, 84, 30, 74, 90 were the top five traded commodities exported to China from CYPRUS, with export values of 5.8663 million, 3.3089 million, 3.1852 million, 2.0731 million, 1.8832 million. These values account for 29.50%, 16.64%, 16.02%, 10.42%, 9.47% of CYPRUS's total exports and were down 3.91%, up 499.53%, down 53.86%, 0, up 16.26% comparing to the same period of last year.

During the current year until 202107, 84, 85, 94, 29, 89 were CYPRUS's top five traded commodities importing from China , with import values of 57.7420 million, 34.9102 million, 28.7352 million, 18.2359 million, 17.0200 million. These values account for 21.04%, 12.72%, 10.47%, 6.64%, 6.20% of CYPRUS's total imports and were up 24.45%, up 45.09%, up 12.98%, down 16.60%, down 78.19% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat