1.  Overview the trade of CYPRUS in goods current year until 202109

According to Dalian Infobank, in 202109, CYPRUS's exports and imports of goods amounted to 908.3161 million, and were up 3.03% comparing with the same period of last year. Among these, exports were down 41.52% at 117.7948 million, and imports were up 16.22% at 790.5213 million. And the corresponding trade deficit was 672.7265 million and up 40.51%.

During the current year until 202109, CYPRUS's total exports and imports of goods were 9782.3885 million and were up 16.83% comparing to the same period of last year. Among these, exports were 2367.6617 million and up 0.87%; imports were 7414.7268 million and up 23.04%. The total trade deficit was 5047.0651 million and up 37.18%.

If considering by country (region), GREECE, ITALY, INTRA-EU, GERMANY, ISRAEL were CYPRUS's top five trading partners. During the current year until 202109, CYPRUS's imports and exports to five countries/territories were 1684.2006 million, 740.5565 million, 588.5000 million, 515.1661 million, 409.8392 million. These values correspond to 17.22%, 7.57%, 6.02%, 5.27%, 4.19% of CYPRUS's imports and exports, and, respectively, were up 7.74%, up 40.06%, 0, up 6.35%, up 28.40% comparing to the same period of last year.

Current year until 202109, CYPRUS and the top five trade partners LEBANON, GREECE, UNITED KINGDOM, LIBYA, LIBERIA are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202109, CYPRUS's exports to these five countries/territories were 261.2204 million, 186.2681 million, 185.6357 million, 184.2465 million, 117.1391 million. These values correspond to 11.03%, 7.87%, 7.84%, 7.78%, 4.95% of CYPRUS's exports and, respectively, were up 383.73%, down 7.28%, up 20.13%, up 18.25%, down 45.71% comparing with the same period of last year.

Current year until 202109, CYPRUS's exports to top five countries/territories GREECE, ITALY, INTRA-EU, GERMANY, CHINA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202109, CYPRUS's imports from these five countries/territories were 1497.9325 million, 704.6784 million, 588.5000 million, 421.1825 million, 384.3392 million. These values correspond to 20.20%, 9.50%, 7.94%, 5.68%, 5.18% of CYPRUS's total imports and, respectively, were up 9.96%, up 39.55%, 0, down 2.04%, down 4.06% comparing with the same period of last year.

During the current year until 202109, the trade surplus of CYPRUS was mainly from LEBANON, LIBYA, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, NORWAY, LIBERIA at 241.7216 million, 184.2455 million, 106.6536 million, 87.3875 million, 71.6382 million, and up 521.17%, up 18.25%, up 8.83%, down 288.04%, down 66.39%. And the trade deficits were mainly from GREECE, ITALY, INTRA-EU, CHINA, GERMANY at 1311.6644 million, 668.8002 million, 588.5000 million, 360.4099 million, 327.1988 million, and up 12.94%, up 38.99%, 0, up 15.78%, down 12.86%.

Current year until 202109, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202109,  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 1802.4222 million, 1414.8032 million, 687.6479 million, 573.3661 million, 488.0053 million, which were up 31.48%, down 11.27%, up 620.23%, down 4.03%, up 17.55% comparing with the same period of last year and account for 18.43%, 14.46%, 7.03%, 5.86%, 4.99% of CYPRUS's total imports and exports.

During the current year until 202109, 89, 27, 30, 04, 33 were CYPRUS's top five traded commodities, with total import and export values of 541.1071 million, 518.1233 million, 305.4391 million, 246.3239 million, 110.3510 million. These values correspond to 22.85%, 21.88%, 12.90%, 10.40%, 4.66% of CYPRUS's total exports and, respectively, were down 26.44%, up 29.28%, down 4.62%, up 1.39%, up 1098.26% comparing to the same period of last year.

During the current year until 202109, 27, 89, 99, 87, 84 were CYPRUS's top five traded commodities, with total import values of 1284.2989 million, 873.6961 million, 653.7117 million, 446.6018 million, 390.9993 million. These values correspond to 17.32%, 11.78%, 8.82%, 6.02%, 5.27% of CYPRUS's total exports and, respectively, were up 32.39%, up 1.72%, up 1635.91%, down 5.41%, down 0.74% comparing to the same period of last year.

2. Current year until 202109, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202109, CYPRUS-China binational exports and imports of goods amounted to 408.2684 million and were down 16.66% comparing with the same period of last year. Among these, exports from CYPRUS to China were 23.9292 million and down 73.21%, imports from China to CYPRUS were 384.3392 million and down 4.06%. The total binational trade deficit was 360.4099 million and up 15.78%.

During the urrent year until 202109, 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 76.8083 million, 47.2368 million, 39.8825 million, 31.8675 million, 23.5736 million and makes up 18.81%, 11.57%, 9.77%, 7.81%, 5.77% of the total binational imports and exports. These values were also up 25.43%, up 30.24%, up 18.16%, down 78.13%, down 15.48% comparing to the same period last year.

During the current year until 202109, 20, 30, 84, 74, 90 were the top five traded commodities exported to China from CYPRUS, with export values of 7.3700 million, 4.2538 million, 3.3852 million, 2.4834 million, 2.2310 million. These values account for 30.80%, 17.78%, 14.15%, 10.38%, 9.32% of CYPRUS's total exports and were up 2.33%, down 38.38%, up 407.32%, 0, up 2.26% comparing to the same period of last year.

During the current year until 202109, 84, 85, 94, 89, 29 were CYPRUS's top five traded commodities importing from China , with import values of 73.4231 million, 47.1348 million, 39.8794 million, 31.8675 million, 23.4734 million. These values account for 19.10%, 12.26%, 10.38%, 8.29%, 6.11% of CYPRUS's total imports and were up 21.23%, up 30.64%, up 18.16%, down 59.18%, down 15.51% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat