1.  Overview the trade of CYPRUS in goods current year until 202210

According to Dalian Infobank, in 202210, CYPRUS's exports and imports of goods amounted to 1310.3797 million, and were down 3.70% comparing with the same period of last year. Among these, exports were down 25.28% at 397.1413 million, and imports were up 10.14% at 913.2384 million. And the corresponding trade deficit was 516.0972 million and up 73.35%.

During the current year until 202210, CYPRUS's total exports and imports of goods were 13434.3436 million and were up 18.71% comparing to the same period of last year. Among these, exports were 3338.2160 million and up 9.63%; imports were 10096.1275 million and up 22.05%. The total trade deficit was 6757.9115 million and up 29.29%.

If considering by country (region), GREECE, ITALY, ISRAEL, CHINA, INTRA-EU were CYPRUS's top five trading partners. During the current year until 202210, CYPRUS's imports and exports to five countries/territories were 2281.6058 million, 999.9043 million, 867.2993 million, 696.8962 million, 687.8200 million. These values correspond to 16.98%, 7.44%, 6.46%, 5.19%, 5.12% of CYPRUS's imports and exports, and, respectively, were up 2.49%, up 8.97%, up 85.30%, up 56.06%, 0 comparing to the same period of last year.

Current year until 202210, 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 202210, CYPRUS's exports to these five countries/territories were 317.1136 million, 308.9723 million, 236.2778 million, 190.4998 million, 188.4092 million. These values correspond to 9.50%, 9.26%, 7.08%, 5.71%, 5.64% of CYPRUS's exports and, respectively, were up 11.00%, up 133.98%, down 1.11%, down 12.52%, up 31.66% comparing with the same period of last year.

Current year until 202210, 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 202210, CYPRUS's imports from these five countries/territories were 2045.3280 million, 961.8270 million, 780.2908 million, 674.4598 million, 589.5600 million. These values correspond to 20.26%, 9.53%, 7.73%, 6.68%, 5.84% of CYPRUS's total imports and, respectively, were up 2.92%, up 9.99%, up 104.67%, up 60.50%, 0 comparing with the same period of last year.

During the current year until 202210, 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, LIBERIA, LIBYA at 308.9723 million, 288.4553 million, 164.4368 million, 126.4442 million, 116.6925 million, and up 133.98%, up 9.04%, up 129.58%, up 29.54%, down 39.12%. And the trade deficits were mainly from GREECE, ITALY, ISRAEL, CHINA, INTRA-EU at 1809.0502 million, 923.7498 million, 693.2823 million, 652.0234 million, 491.3000 million, and up 3.47%, up 11.12%, up 135.46%, up 65.54%, 0.

Current year until 202210, CYPRUS's trade surplus or deficit with top five countries/territories During the current year until 202210,  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 3537.6255 million, 1892.6557 million, 787.3970 million, 646.9014 million, 640.2700 million, which were up 68.15%, up 2.10%, up 635.50%, up 7.78%, down 6.77% comparing with the same period of last year and account for 26.33%, 14.09%, 5.86%, 4.82%, 4.77% of CYPRUS's total imports and exports.

During the current year until 202210, 27, 89, 30, 04, 85 were CYPRUS's top five traded commodities, with total import and export values of 961.6730 million, 768.3787 million, 313.0217 million, 250.8036 million, 162.2097 million. These values correspond to 28.81%, 23.02%, 9.38%, 7.51%, 4.86% of CYPRUS's total exports and, respectively, were up 62.44%, down 14.02%, down 11.77%, down 11.38%, up 28.85% comparing to the same period of last year.

During the current year until 202210, 27, 89, 99, 87, 85 were CYPRUS's top five traded commodities, with total import values of 2575.9525 million, 1124.2770 million, 633.3621 million, 498.9120 million, 484.6917 million. These values correspond to 25.51%, 11.14%, 6.27%, 4.94%, 4.80% of CYPRUS's total exports and, respectively, were up 70.38%, up 17.12%, up 804.35%, down 2.67%, up 2.18% comparing to the same period of last year.

2. Current year until 202210, CYPRUS binational trade profile

According to Dalian Infobank, during the current year until 202210, CYPRUS-China binational exports and imports of goods amounted to 696.8962 million and were up 56.06% comparing with the same period of last year. Among these, exports from CYPRUS to China were 22.4364 million and down 14.83%, imports from China to CYPRUS were 674.4598 million and up 60.50%. The total binational trade deficit was 652.0234 million and up 65.54%.

During the urrent year until 202210, 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 183.3227 million, 99.7203 million, 85.1924 million, 49.3830 million, 45.1704 million and makes up 26.31%, 14.31%, 12.22%, 7.09%, 6.48% of the total binational imports and exports. These values were also up 475.26%, up 18.83%, up 64.66%, up 97.57%, up 1.50% comparing to the same period last year.

During the current year until 202210, 20, 75, 84, 90, 22 were the top five traded commodities exported to China from CYPRUS, with export values of 8.0782 million, 3.7466 million, 3.2683 million, 2.6554 million, 1.1932 million. These values account for 36.00%, 16.70%, 14.57%, 11.84%, 5.32% of CYPRUS's total exports and were down 11.84%, 0, down 4.67%, up 9.85%, down 3.55% comparing to the same period of last year.

During the current year until 202210, 89, 84, 85, 29, 94 were CYPRUS's top five traded commodities importing from China , with import values of 183.3227 million, 96.4520 million, 84.8865 million, 49.2399 million, 45.1467 million. These values account for 27.18%, 14.30%, 12.59%, 7.30%, 6.69% of CYPRUS's total imports and were up 475.26%, up 19.83%, up 64.48%, up 97.79%, up 1.54% comparing with the same period of last year.

3.Analysis of import and export trends

Data Source: Eurostat