Cyprus import

Cyprus Import Data

The Republic of Cyprus is another name for Cyprus. It is an island nation that is both in Asia and Europe, situated in the Eastern Mediterranean Sea. The nation borders several other nations, including Egypt, Greece, Israel, Lebanon, and Turkey. The world's oldest water wells are found in Cyprus. According to import data from Cyprus, the country imported $11.8 billion worth of goods in 2022. Cyprus saw a 16.2% rise in merchandise imports in comparison to 2021. In 2022, imports of goods increased by $11.88 billion.  In terms of complexity, the nation is ranked 50th in the globe. On the other hand, the nation ranked 110th in terms of GDP. In terms of imports, the nation ranked 108th in 2022. The Cyprus import data provides an invaluable source of information for businesses, policymakers, and analysts alike. With a growing emphasis on the global market, understanding the trends and patterns in import data is paramount for strategic decision-making. We will now delve into the significance of Cyprus import data, particularly in the context of 2022.

 Cyprus Import Data | Cyprus Customs Data

108

The country has been ranked 108th in global imports, showing a significant position in the international trade landscape and import market.

0.09%

With a mere 0.09% share in global import trade, it becomes evident that its presence in the international import market is fairly on the rise.

GREECE

Greece holds a significant role as the largest import partner of the country in terms of goods imports and import share.

PETROLEUM OIL AND WASTE OIL

Petroleum oil and waste oil are the biggest import commodities of the country, playing a vital role in its economy.

import

Top 10 Imports of Cyprus

By analyzing Cyprus import data, businesses can identify emerging market trends that offer significant growth potential. For instance, if there is a sudden increase in imports of renewable energy products, it may indicate a growing demand for clean energy solutions. The top 10 imports of Cyprus in 2022 according to its import data are:

  • Petroleum oils and waste oils: 18.9% ($2.25 billion)
  • Cruise ships, excursion boats, ferry boats, cargo ships: 7.71% ($917 million)
  • Motor cars and other motor vehicles: 4.13% ($491 million)
  • Oils and other products of the distillation of high-temperature coal tar: 3.42% ($406 million)
  • Medicaments: 3.07% ($365 million)
  • Other vessels, warships, and lifeboats other than rowing boats: 2.84% ($338 million)
  • Electrical apparatus: 1.65% ($196 million)
  • Other bars and rods of iron or nonalloy steel: 1.35% ($160 million)
  • Maize (corn): 0.986% ($117 million)
  • Other aircraft: 0.982% ($116 million)
  • Partners

    Top 10 Import Partners of Cyprus

    Cyprus import data also reveals geographic and sectoral opportunities that businesses can capitalize on. The top 10 import partners of Cyprus play a vital role in the country's economic growth. Cyprus's top 10 import partners in 2022 include:

    Value In Percentage(%)

  • Greece: 23% (2.78 billion US$)
  • Italy: 10.4% (1.24 billion US$)
  • China: 7.95% (945 million US$)
  • Israel: 7.4% (880 million US$)
  • Germany: 5.31% (632 million US$)
  • Netherlands: 4.13% (492 million US$)
  • Spain: 3.45% (410 million US$)
  • United Kingdom: 3.13% (372 million US$)
  • Singapore: 2.19% (261 million US$)
  • Belgium: 2.17% (258 million US$)
  • Sample Data

    What is Cyprus Import Data?

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Cyprus import data refers to the detailed records of goods and commodities imported into the country. This valuable dataset encompasses information on the type, quantity, value, origin, and destination of imported goods. It serves as a comprehensive repository of trade transactions, enabling businesses to gain critical insights into the dynamics of the import market. Cyprus import data plays a vital role in identifying lucrative market opportunities for businesses. By analyzing the data, companies can determine which products are in demand and align their strategies accordingly. Furthermore, the import data allows businesses to identify and study their competitors, enabling them to gain a competitive edge. According to customs data from Cyprus, the country imported $11.8 billion worth of goods in 2022. The information we give you on Cyprus trade and import data is extremely helpful and educational. All of the information in our database is derived from recently updated shipping bills, invoices, and other crucial transaction documents. You will undoubtedly find our database and information to be very helpful in identifying the ideal market for gauging possible gains and market risks. We obtain trustworthy data from organizations, other shipping firms, and ports approved by Cyprus. Cyprus trade data includes several fields, such as HS codes and product descriptions with the amount, price, and units of each sent item.

    Benefits

    Benefits of Cyprus Import Data

  • Expand your firm into the Cyprus import Market.
  • View Cyprus's most recent product demand and price projections.
  • Track and Examine the Shipment History of Your Rivals.
  • Give your marketing plan an approach based on data.
  • Create a powerful brand identity in Cyprus.
  • Create more ROI and future business goals.
  • Frequently Asked Questions!!

    Cyprus import data refers to the information and statistics on the goods and services that are brought into the country from other countries.

    Import data is important for Cyprus as it helps to track the flow of goods and services into the country, monitor trade patterns, and make informed decisions for economic and trade policies.

    Cyprus import data for 2022 can be found on the TradeImeX website and government websites, trade portals, and through data providers that specialize in collecting and analyzing trade data.

    Cyprus import data includes all types of goods and services that are brought into the country, such as raw materials, consumer goods, machinery, and technology.

    Cyprus import data is collected through customs declarations, trade documents, and other official records from government agencies and trade organizations.

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