1.  Overview the trade of CYPRUS in goods current year until 202110

According to Dalian Infobank, in 202110, CYPRUS's exports and imports of goods amounted to 1214.5076 million, and were down 6.85% comparing with the same period of last year. Among these, exports were up 64.74% at 522.2695 million, and imports were down 29.85% at 692.2381 million. And the corresponding trade deficit was 169.9686 million and down 74.62%.

During the current year until 202110, CYPRUS's total exports and imports of goods were 11060.9335 million and were up 13.69% comparing to the same period of last year. Among these, exports were 3009.3906 million and up 12.71%; imports were 8051.5430 million and up 14.06%. The total trade deficit was 5042.1524 million and up 14.89%.

If considering by country (region), GREECE, ITALY, INTRA-EU, GERMANY, ISRAEL were CYPRUS's top five trading partners. During the current year until 202110, CYPRUS's imports and exports to five countries/territories were 1932.1099 million, 816.7036 million, 580.0500 million, 563.6234 million, 468.1803 million. These values correspond to 17.47%, 7.38%, 5.24%, 5.10%, 4.23% of CYPRUS's imports and exports, and, respectively, were up 8.84%, up 34.92%, 0, up 6.08%, up 35.13% comparing to the same period of last year.

Current year until 202110, CYPRUS and the top five trade partners LEBANON, BRITISH VIRGIN ISLANDS, GREECE, UNITED KINGDOM, LIBYA are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202110, CYPRUS's exports to these five countries/territories were 285.6895 million, 232.9856 million, 210.6780 million, 203.7374 million, 193.4892 million. These values correspond to 9.49%, 7.74%, 7.00%, 6.77%, 6.43% of CYPRUS's exports and, respectively, were up 327.83%, up 1247.51%, down 6.05%, up 18.17%, up 19.69% comparing with the same period of last year.

Current year until 202110, CYPRUS's exports to top five countries/territories GREECE, ITALY, GERMANY, INTRA-EU, CHINA are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202110, CYPRUS's imports from these five countries/territories were 1721.4319 million, 777.9677 million, 466.7436 million, 464.0400 million, 419.5882 million. These values correspond to 21.38%, 9.66%, 5.80%, 5.76%, 5.21% of CYPRUS's total imports and, respectively, were up 10.99%, up 34.91%, down 1.50%, 0, down 3.41% comparing with the same period of last year.

During the current year until 202110, the trade surplus of CYPRUS was mainly from LEBANON, LIBYA, BRITISH VIRGIN ISLANDS, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, NORWAY at 264.5455 million, 191.6819 million, 189.5557 million, 132.0485 million, 109.0969 million, and up 447.83%, up 18.57%, down 152.57%, up 23.81%, down 335.20%. And the trade deficits were mainly from GREECE, ITALY, CHINA, GERMANY, INTRA-EU at 1510.7538 million, 739.2317 million, 393.2446 million, 369.8639 million, 348.0300 million, and up 13.87%, up 34.90%, up 14.49%, down 11.18%, 0.

Current year until 202110, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202110,  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 2006.3370 million, 1789.2357 million, 687.8026 million, 646.7162 million, 554.9609 million, which were up 32.71%, down 14.07%, up 467.39%, down 3.09%, up 16.64% comparing with the same period of last year and account for 18.14%, 16.18%, 6.22%, 5.85%, 5.02% of CYPRUS's total imports and exports.

During the current year until 202110, 89, 27, 30, 04, 99 were CYPRUS's top five traded commodities, with total import and export values of 854.8792 million, 575.4633 million, 340.0047 million, 268.3512 million, 153.7609 million. These values correspond to 28.41%, 19.12%, 11.30%, 8.92%, 5.11% of CYPRUS's total exports and, respectively, were down 3.98%, up 33.71%, down 4.46%, up 1.35%, up 132.26% comparing to the same period of last year.

During the current year until 202110, 27, 89, 99, 87, 85 were CYPRUS's top five traded commodities, with total import values of 1430.8737 million, 934.3565 million, 534.0417 million, 494.5284 million, 435.3852 million. These values correspond to 17.77%, 11.60%, 6.63%, 6.14%, 5.41% of CYPRUS's total exports and, respectively, were up 32.31%, down 21.61%, up 870.62%, down 8.76%, up 16.13% comparing to the same period of last year.

2. Current year until 202110, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202110, CYPRUS-China binational exports and imports of goods amounted to 445.9319 million and were down 15.12% comparing with the same period of last year. Among these, exports from CYPRUS to China were 26.3437 million and down 71.04%, imports from China to CYPRUS were 419.5882 million and down 3.41%. The total binational trade deficit was 393.2446 million and up 14.49%.

During the urrent year until 202110, 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 83.8898 million, 51.6772 million, 44.4997 million, 31.8675 million, 24.9954 million and makes up 18.81%, 11.59%, 9.98%, 7.15%, 5.61% of the total binational imports and exports. These values were also up 23.60%, up 23.45%, up 18.37%, down 78.13%, down 22.35% comparing to the same period last year.

During the current year until 202110, 20, 30, 84, 74, 90 were the top five traded commodities exported to China from CYPRUS, with export values of 9.1635 million, 4.2597 million, 3.4283 million, 2.4834 million, 2.4174 million. These values account for 34.78%, 16.17%, 13.01%, 9.43%, 9.18% of CYPRUS's total exports and were up 10.21%, down 38.29%, up 368.83%, 0, down 1.25% comparing to the same period of last year.

During the current year until 202110, 84, 85, 94, 89, 29 were CYPRUS's top five traded commodities importing from China , with import values of 80.4615 million, 51.5503 million, 44.4607 million, 31.8675 million, 24.8952 million. These values account for 19.18%, 12.29%, 10.60%, 7.59%, 5.93% of CYPRUS's total imports and were up 19.84%, up 23.72%, up 18.27%, down 59.18%, down 22.40% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat