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Full trade & compliance profile

Cyprus — Trade & Compliance

Cyprus's trade profile consolidates its merchandise flow from CEPII BACI, the preferential agreements it has entered from the World Bank, the international cargo conventions it has ratified from the UN Treaty Collection, and its applied tariff, VAT and currency of record from the World Bank, the EU and ISO 4217.

Every figure is shown as its named source records it and dated where the source dates it; trade partners and product codes link to their own pages where logibook profiles them.

53
trade agreements
13
cargo treaties
5.24%
MFN applied tariff

Memberships & standing

Income groupHigh income
DatabookThe Record of Consolidated Knowledge
Cyprus beyond logistics?
Browse databook

Trade Flow

Top export markets
  1. 1Libya15.6%
  2. 2Greece11.3%
  3. 3Israel7.4%
  4. 4United Kingdom6.4%
  5. 5Lebanon6.3%
CEPII BACI · 2024
Top import sources
  1. 1Greece20.3%
  2. 2Türkiye15.9%
  3. 3China7.7%
  4. 4Italy6.6%
  5. 5Germany5.1%
CEPII BACI · 2024
Leading export goods (HS2)
  1. 1Mineral fuels & oils25.4%
  2. 2Ships & boats17.4%
  3. 3Pharmaceuticals10.3%
  4. 4Dairy, eggs, honey8.1%
  5. 5Electrical machinery5.7%
CEPII BACI · 2024
Leading import goods (HS2)
  1. 1Mineral fuels & oils20.4%
  2. 2Ships & boats8.3%
  3. 3Vehicles7.0%
  4. 4Electrical machinery5.9%
  5. 5Machinery & mechanical appliances5.9%
CEPII BACI · 2024
Fastest-rising export markets
  1. 1Libya+13.08pp
  2. 2Egypt+2.15pp
  3. 3Israel+1.79pp
CEPII BACI · 2024
Declining export markets
  1. 1China, Hong Kong SAR−8.24pp
  2. 2Liberia−4.05pp
  3. 3United Arab Emirates−2.57pp
CEPII BACI · 2024
Fastest-rising export goods
  1. 1Mineral fuels & oils+14.61pp
  2. 2Pharmaceuticals+0.88pp
  3. 3Aircraft & spacecraft+0.78pp
CEPII BACI · 2024
Declining export goods
  1. 1Ships & boats−11.08pp
  2. 2Misc chemical products−1.22pp
  3. 3Works of art & antiques−1.10pp
CEPII BACI · 2024

Showing the leading partners and product groups by trade share; the full bilateral flow matrix is inCEPII BACI · 2024

Preferential Trade Agreements

EU - United Kingdom2021
FTA & EIAGoods & Servicesvia EU
EU - Pacific States - Accession of Solomon Islands2020
FTAGoodsvia EU
EU - Viet Nam2020
FTA & EIAGoods & Servicesvia EU
EU - Eastern and Southern Africa States - Accession of Comoros2019
FTAGoodsvia EU
EU - Japan2019
FTA & EIAGoods & Servicesvia EU
EU - Singapore2019
FTA & EIAGoods & Servicesvia EU
EU - Armenia2018
EIAServicesvia EU
EU - Pacific States - Accession of Samoa2018
FTAGoodsvia EU
EU - Canada2017
FTA & EIAGoods & Servicesvia EU
EU - Colombia and Peru - Accession of Ecuador2017
FTA & EIAGoods & Servicesvia EU
EU - Côte d'Ivoire2016
FTAGoodsvia EU
EU - Ghana2016
FTAGoodsvia EU
EU - SADC2016
FTAGoodsvia EU
EU - Cameroon2014
FTAGoodsvia EU
EU - Georgia2014
FTA & EIAGoods & Servicesvia EU
EU - Moldova, Republic of2014
FTA & EIAGoods & Servicesvia EU
EU - Ukraine2014
FTA & EIAGoods & Servicesvia EU
EU - Central America2013
FTA & EIAGoods & Servicesvia EU
EU - Colombia, Ecuador and Peru2013
FTA & EIAGoods & Servicesvia EU
EU (28) Enlargement2013
CU & EIAGoods & Services
EU - Eastern and Southern Africa States2012
FTAGoodsvia EU
EU - Korea, Republic of2011
FTA & EIAGoods & Servicesvia EU
EU - Serbia2010
FTA & EIAGoods & Servicesvia EU
EU - Pacific States2009
FTAGoodsvia EU
EU - Bosnia and Herzegovina2008
FTA & EIAGoods & Servicesvia EU
EU - CARIFORUM States2008
FTA & EIAGoods & Servicesvia EU
EU - Montenegro2008
FTA & EIAGoods & Servicesvia EU
EC (27) Enlargement2007
CU & EIAGoods & Services
EU - Albania2006
FTA & EIAGoods & Servicesvia EU
EU - Algeria2005
FTAGoodsvia EU
EC (25) Enlargement2004
CU & EIAGoods & Services
EU - Egypt2004
FTAGoodsvia EU
EU - Chile2003
FTA & EIAGoods & Servicesvia EU
EU - Lebanon2003
FTAGoodsvia EU
EU - Jordan2002
FTAGoodsvia EU
EU - San Marino2002
CUGoodsvia EU
EU - North Macedonia2001
FTA & EIAGoods & Servicesvia EU
EU - Israel2000
FTAGoodsvia EU
EU - Mexico2000
FTA & EIAGoods & Servicesvia EU
EU - Morocco2000
FTAGoodsvia EU
EU - South Africa2000
FTAGoodsvia EU
EU - Tunisia1998
FTAGoodsvia EU
EU - Faroe Islands1997
FTAGoodsvia EU
EU - Palestine1997
FTAGoodsvia EU
EU - Türkiye1996
CUGoodsvia EU
European Economic Area (EEA)1994
EIAServicesvia EU
EU - Andorra1991
CUGoodsvia EU
EU - Syria1977
FTAGoodsvia EU
EU - Iceland1973
FTAGoodsvia EU
EU - Norway1973
FTAGoodsvia EU
EU - Switzerland - Liechtenstein1973
FTAGoodsvia EU
EU – Overseas Countries and Territories (OCT)1971
FTAGoodsvia EU
EU Treaty1958
CU & EIAGoods & Services
World Bank DTA · 53 trade agreements in force · filed at EU level

International Cargo Treaties

  • Convention on the International Maritime Organization. Geneva, 6 March 1948
    Party · 1973176 ratifications
  • Agreement relating to the implementation of Part XI of the United Nations Convention on the Law of the Sea of 10 December 1982. New York, 28 July 1994
    Party · 1995171 ratifications
  • Agreement under the United Nations Convention on the Law of the Sea on the Conservation and Sustainable Use of Marine Biological Diversity of Areas beyond National Jurisdiction. New York, 19 June 2023
    Party · 2025148 ratifications
  • Agreement for the Implementation of the Provisions of the United Nations Convention on the Law of the Sea of 10 December 1982 relating to the Conservation and Management of Straddling Fish Stocks and Highly Migratory Fish Stocks. New York, 4 August 1995
    Party · 2002107 ratifications
  • United Nations Convention on Contracts for the International Sale of Goods. Vienna, 11 April 1980
    Party · 200599 ratifications
  • Customs Convention on the Temporary Importation of Private Road Vehicles. New York, 4 June 1954
    Party · 196390 ratifications
  • Convention concerning Customs Facilities for Touring. New York, 4 June 1954
    Party · 196387 ratifications
  • Additional Protocol to the Convention concerning Customs Facilities for Touring, relating to the Importation of Tourist Publicity Documents and Material. New York, 4 June 1954
    Party · 196380 ratifications
  • Customs Convention on the International Transport of Goods under Cover of TIR Carnets (TIR Convention). Geneva, 14 November 1975
    Party · 198179 ratifications
  • International Convention to Facilitate the Importation of Commercial Samples and Advertising Material. Geneva, 7 November 1952
    Party · 196365 ratifications
  • International Convention on the Harmonization of Frontier Controls of Goods. Geneva, 21 October 1982
    Party · 200258 ratifications
  • Customs Convention on the Temporary Importation of Commercial Road Vehicles. Geneva, 18 May 1956
    Party · 198342 ratifications
  • Customs Convention on the International Transport of Goods under Cover of TIR Carnets (TIR Convention). Geneva, 15 January 1959
    Party · 197737 ratifications
UN Treaty Collection · 13 ratified

Fiscal & Tariffs

Currency
EUR
Euro
ISO numeric 9782 minor units
ISO 4217
MFN applied tariff
5.24%
simple average (2022)
via EU customs union
World Bank WDI
Value-added tax
19%
standard rate
reduced 5% · 9%super-reduced 3%as of 2025-07-01
EU VAT Rates

Sanctions & restrictive measures

On the EU list
1
EU Consolidated Sanctions List
Listed entities includeIgor Kesajev

1 entities on UN/EU restrictive-measures listsfull lists: UN Security Council Consolidated List · 2026-04 · EU Consolidated Sanctions List

Key commodities

Top agricultural output
Raw milk of cattle
325.4K t
FAOSTAT · 2024
Top mineral output
aggregates, primary
10M tonnes (metric)
BGS · 2023
Energy production
Primary energy production
U.S. EIA

Top item per category of 118 commodities trackedfull lists: FAOSTAT · 2026-05 · British Geological Survey · U.S. EIA

All Sources

TradeCountry Trade Facts (CEPII BACI)
etalab-2.0
TradeWorld Bank Deep Trade Agreements (DTA)
cc-by-4.0
Sanctions & complianceUN Treaty Collection — Multilateral Treaties Deposited (MTDSG)
open
fiscalWorld Bank – World Development Indicators (WDI)
cc-by-4.0
fiscalEU VAT Rates
government_open
fiscalISO 4217 Currency Codes
open
commoditythe British Geological Surveythe British Geological Survey
OGL
Referencelogibook trade-bloc referencelogibook trade-bloc reference
Compiled (public facts)
commoditythe U.S. Energy Information Administrationthe U.S. Energy Information Administration
Public domain (US gov)
commodityFAOSTATFAOSTAT
CC BY 4.0 IGO
Referenceinternational organisation membership recordsinternational organisation membership records
Public (official lists)
Sanctions & compliancethe EU Consolidated Sanctions Listthe EU Consolidated Sanctions List
© EU — free reuse
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