1.  Overview the trade of CYPRUS in goods current year until 202209

According to Dalian Infobank, in 202209, CYPRUS's exports and imports of goods amounted to 1036.6111 million, and were up 8.27% comparing with the same period of last year. Among these, exports were up 15.75% at 246.3413 million, and imports were up 6.13% at 790.2697 million. And the corresponding trade deficit was 543.9284 million and up 2.28%.

During the current year until 202209, CYPRUS's total exports and imports of goods were 12027.0092 million and were up 20.80% comparing to the same period of last year. Among these, exports were 2909.6936 million and up 15.76%; imports were 9117.3156 million and up 22.50%. The total trade deficit was 6207.6220 million and up 25.94%.

If considering by country (region), GREECE, ITALY, ISRAEL, CHINA, INTRA-EU were CYPRUS's top five trading partners. During the current year until 202209, CYPRUS's imports and exports to five countries/territories were 2032.5277 million, 921.8712 million, 797.9239 million, 607.4803 million, 594.2400 million. These values correspond to 16.90%, 7.67%, 6.63%, 5.05%, 4.94% of CYPRUS's imports and exports, and, respectively, were up 3.55%, up 11.70%, up 94.74%, up 48.54%, 0 comparing to the same period of last year.

Current year until 202209, CYPRUS and the top five trade partners LEBANON, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, GREECE, UNITED KINGDOM, LIBERIA are the top five countries/territories that CYPRUS exports to in terms of the total export amount. During the current year until 202209, CYPRUS's exports to these five countries/territories were 294.0461 million, 275.7062 million, 213.3273 million, 177.2183 million, 163.2655 million. These values correspond to 10.11%, 9.48%, 7.33%, 6.09%, 5.61% of CYPRUS's exports and, respectively, were up 12.55%, up 158.49%, down 1.96%, down 12.12%, up 39.38% comparing with the same period of last year.

Current year until 202209, CYPRUS's exports to top five countries/territories GREECE, ITALY, ISRAEL, CHINA, INTRA-EU are the top five countries/territories that CYPRUS imports from in terms of the total export amount. During the current year until 202209, CYPRUS's imports from these five countries/territories were 1819.2004 million, 885.5709 million, 720.4743 million, 587.4348 million, 495.2000 million. These values correspond to 19.95%, 9.71%, 7.90%, 6.44%, 5.43% of CYPRUS's total imports and, respectively, were up 4.23%, up 12.63%, up 116.05%, up 52.65%, 0 comparing with the same period of last year.

During the current year until 202209, the trade surplus of CYPRUS was mainly from STORES AND PROVISIONS WITHIN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, LEBANON, STORES AND PROVISIONS WITHIN THE FRAMEWORK OF INTRA-EU TRADE, MARSHALL ISLANDS, LIBYA at 275.7062 million, 267.8793 million, 141.9505 million, 115.9462 million, 111.4833 million, and up 158.49%, up 10.81%, up 158.32%, up 140.35%, down 39.51%. And the trade deficits were mainly from GREECE, ITALY, ISRAEL, CHINA, INTRA-EU at 1605.8731 million, 849.2707 million, 643.0247 million, 567.3894 million, 396.1600 million, and up 5.11%, up 13.67%, up 150.01%, up 57.32%, 0.

Current year until 202209, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202209,  commodities with hs2 codes, 27, 89, 99, 85, 30, were CYPRUS's top five traded commodities. They correspond to the import and export values of 3183.4959 million, 1668.9928 million, 682.3172 million, 579.0956 million, 572.5762 million, which were up 69.20%, up 15.02%, up 605.75%, up 8.22%, down 8.21% comparing with the same period of last year and account for 26.47%, 13.88%, 5.67%, 4.81%, 4.76% of CYPRUS's total imports and exports.

During the current year until 202209, 27, 89, 30, 04, 99 were CYPRUS's top five traded commodities, with total import and export values of 835.3373 million, 597.2674 million, 282.8528 million, 233.6325 million, 148.7369 million. These values correspond to 28.71%, 20.53%, 9.72%, 8.03%, 5.11% of CYPRUS's total exports and, respectively, were up 58.17%, up 5.48%, down 13.20%, down 11.78%, up 345.92% comparing to the same period of last year.

During the current year until 202209, 27, 89, 99, 87, 85 were CYPRUS's top five traded commodities, with total import values of 2348.1587 million, 1071.7254 million, 533.5803 million, 452.7935 million, 431.0558 million. These values correspond to 25.75%, 11.75%, 5.85%, 4.97%, 4.73% of CYPRUS's total exports and, respectively, were up 73.50%, up 21.12%, up 742.61%, down 3.06%, up 0.74% comparing to the same period of last year.

2. Current year until 202209, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202209, CYPRUS-China binational exports and imports of goods amounted to 607.4803 million and were up 48.54% comparing with the same period of last year. Among these, exports from CYPRUS to China were 20.0455 million and down 17.03%, imports from China to CYPRUS were 587.4348 million and up 52.65%. The total binational trade deficit was 567.3894 million and up 57.32%.

During the urrent year until 202209, commodities with hs2 code, 89, 84, 85, 29, 94, were binational trade's top five traded commodities. They correspond to import and export values of 140.3091 million, 91.8763 million, 75.9238 million, 47.0355 million, 42.4977 million and makes up 23.10%, 15.12%, 12.50%, 7.74%, 7.00% of the total binational imports and exports. These values were also up 340.29%, up 19.58%, up 60.57%, up 99.53%, up 6.55% comparing to the same period last year.

During the current year until 202209, 20, 75, 84, 90, 22 were the top five traded commodities exported to China from CYPRUS, with export values of 6.8319 million, 3.3869 million, 3.1272 million, 2.4714 million, 1.0612 million. These values account for 34.08%, 16.90%, 15.60%, 12.33%, 5.29% of CYPRUS's total exports and were down 9.83%, 0, down 7.66%, up 10.78%, down 2.71% comparing to the same period of last year.

During the current year until 202209, 89, 84, 85, 29, 94 were CYPRUS's top five traded commodities importing from China , with import values of 140.3091 million, 88.7491 million, 75.6251 million, 46.8924 million, 42.4809 million. These values account for 23.89%, 15.11%, 12.87%, 7.98%, 7.23% of CYPRUS's total imports and were up 340.29%, up 20.84%, up 60.29%, up 99.77%, up 6.52% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat