US trade (export - import) with Cyprus in 2015

Published or Updated: Feb 27, 2017

The report on US foreign trade in goods with Cyprus in 2015: exports, imports, balance, product types and groups, dynamics.

US Trade with Cyprus

In 2015, US trade with Cyprus was $134.4 million, down 38.13% ($82.8 million) from 2014.

US exports to Cyprus in 2015 were $101.2 million, down 33.29% ($50.5 million) from 2014.

US imports from Cyprus in 2015 were $33.2 million, down 49.33% ($32.4 million) from 2014.

US trade surplus with Cyprus in 2015 was $67.9 million, a 21.07% decrease ($18.1 million) over 2014.

Cyprus was the US 153rd largest trading partner in 2015 (down from 143rd in 2014), accounting for 0.0035% of US total trade (down from 0.0054% in 2014).

Cyprus was the US 141st largest export market in 2015 (down from 136th in 2014), accounting for 0.0067% of US total exports (down from 0.0094% in 2014).

Cyprus was the US 153rd largest supplier in 2015 (down from 137th in 2014), accounting for 0.0014% of US total imports (down from 0.0027% in 2014).

US Exports to Cyprus

The major share of US exports to Cyprus in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 64.26% of US total exports to Cyprus (60.76% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 9.61% of US total exports to Cyprus (7.22% in 2014);
  • Mineral products (HS codes 25-27) - 7.43% of US total exports to Cyprus (4.00% in 2014);
  • Wood and wood products (HS codes 44-49) - 4.92% of US total exports to Cyprus (4.44% in 2014);
  • Chemical products (HS codes 28-40) - 4.90% of US total exports to Cyprus (4.96% in 2014);
  • Metals and products from them (HS codes 72-83) - 0.93% of US total exports to Cyprus (10.57% in 2014).

The largest gains in US exports to Cyprus in 2015 over 2014 were recorded for the following product groups:

  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $4,285.6 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $1,469.6 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $481.6 thousand.

The largest declines in US exports to Cyprus in 2015 over 2014 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $22,813.1 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $12,378.0 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $4,113.5 thousand;
  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $2,472.9 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $2,237.4 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $1,554.9 thousand;
  • Iron and steel (HS code 72) - a decrease of $1,459.5 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $1,102.5 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $1,067.8 thousand;
  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $1,051.3 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - a decrease of $810.4 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $783.6 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $624.5 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $576.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $552.8 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $531.8 thousand;
  • Copper and articles thereof (HS code 74) - a decrease of $431.9 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $367.1 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $312.2 thousand.
US exports to Cyprus in 2015 by product groups
HS
code
Name of product group Value
of exports
in 2015
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2014
(USD thousand)
Change
in 2015
over 2014
(%)
01 Live animals 3.4 0.00 14.1-76.06
02 Meat and edible meat offal 203.7 0.20 202.20.76
03 Fish and crustaceans, molluscs and other aquatic invertebrates 306.3 0.30 263.516.22
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 45.1 0.04 2.81,539.73
05 Products of animal origin, not elsewhere specified or included 341.1 0.34 323.35.51
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 52.6 0.05 59.9-12.19
07 Edible vegetables and certain roots and tubers 154.5 0.15 51.9197.70
08 Edible fruit and nuts; peel of citrus fruit or melons 4,354.5 4.30 5,457.0-20.20
09 Coffee, tea, maté and spices 27.2 0.03 63.1-56.93
10 Cereals 194.2 0.19 222.3-12.67
11 Products of the milling industry; malt; starches; inulin; wheat gluten 110.8 0.11 25.5334.26
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 107.5 0.11 177.0-39.27
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 40.8-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 133.1 0.13 430.2-69.07
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 51.9 0.05 0.0
17 Sugars and sugar confectionery 41.1 0.04 7.5448.87
19 Preparations of cereals, flour, starch or milk; bakers’ wares 147.2 0.15 312.4-52.88
20 Preparations of vegetables, fruit, nuts or other parts of plants 633.0 0.63 151.5317.96
21 Miscellaneous edible preparations 693.9 0.69 1,269.9-45.36
22 Beverages, spirits and vinegar 1,328.4 1.31 1,558.9-14.78
23 Residues and waste from the food industries; prepared animal feed 500.1 0.49 242.6106.14
24 Tobacco and manufactured tobacco substitutes 289.0 0.29 72.9296.57
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 106.5 0.11 120.5-11.56
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 7,408.6 7.32 5,938.924.75
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3.9 0.00 130.2-97.03
29 Organic chemicals 227.1 0.22 310.6-26.89
30 Pharmaceutical products 1,086.0 1.07 1,453.2-25.26
31 Fertilizers 134.5 0.13 199.7-32.65
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 186.2 0.18 810.6-77.04
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,686.2 1.67 2,218.0-23.98
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 202.1 0.20 172.317.35
35 Albuminoidal substances; modified starches; glues; enzymes 25.1 0.02 33.5-25.01
38 Miscellaneous chemical products 588.5 0.58 747.1-21.23
39 Plastics and articles thereof 654.3 0.65 1,207.1-45.80
40 Rubber and articles thereof 161.0 0.16 238.5-32.50
41 Raw hides and skins (other than furskins) and leather 0.0 0.00 4.7-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 113.9 0.11 219.7-48.14
44 Wood and articles of wood; wood charcoal 950.6 0.94 942.00.91
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 2,502.6 2.47 4,057.5-38.32
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,244.1 1.23 1,541.4-19.29
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 283.0 0.28 186.351.93
52 Cotton 31.8 0.03 0.0
54 Man-made filaments 40.2 0.04 18.5117.71
55 Man-made staple fibers 90.4 0.09 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 7.2 0.01 12.1-40.31
57 Carpets and other textile floor coverings 31.0 0.03 24.924.72
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 19.8 0.02 0.0
60 Knitted or crocheted fabrics 4.9 0.00 9.6-49.03
61 Articles of apparel and clothing accessories, knitted or crocheted 55.7 0.06 130.8-57.44
62 Articles of apparel and clothing accessories, not knitted or crocheted 182.9 0.18 309.3-40.86
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 7.5 0.01 65.8-88.54
64 Footwear, gaiters and the like; parts of such articles 82.1 0.08 90.2-9.05
65 Headgear and parts thereof 0.0 0.00 27.7-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 4.5-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 18.4 0.02 14.527.24
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 486.7 0.48 798.8-39.08
69 Ceramic products 18.5 0.02 13.834.02
70 Glass and glassware 115.2 0.11 170.9-32.60
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 271.6 0.27 231.717.25
72 Iron and steel 6.0 0.01 1,465.5-99.59
73 Articles of iron or steel 351.1 0.35 12,729.1-97.24
74 Copper and articles thereof 10.5 0.01 442.3-97.64
75 Nickel and articles thereof 2.7 0.00 2.8-4.93
76 Aluminum and articles thereof 184.2 0.18 289.4-36.34
80 Tin and articles thereof 3.7 0.00 0.0
81 Other base metals; cermets; articles thereof 3.9 0.00 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 199.9 0.20 1,010.4-80.21
83 Miscellaneous articles of base metal 175.1 0.17 97.379.92
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 11,645.1 11.51 34,458.2-66.21
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 9,339.9 9.23 10,391.1-10.12
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 31.1 0.03 219.0-85.79
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 866.0 0.86 1,649.6-47.50
88 Aircraft, spacecraft, and parts thereof 25,763.2 25.46 28,236.1-8.76
89 Ships, boats and floating structures 523.1 0.52 4,636.6-88.72
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 16,848.3 16.65 12,562.734.11
91 Clocks and watches and parts thereof 51.7 0.05 8.1541.28
92 Musical instruments; parts and accessories of such articles 92.2 0.09 108.9-15.32
93 Arms and ammunition; parts and accessories thereof 2.7 0.00 2.8-3.22
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 793.0 0.78 1,860.8-57.38
95 Toys, games and sports requisites; parts and accessories thereof 980.4 0.97 1,087.6-9.86
96 Miscellaneous manufactured articles 183.0 0.18 451.5-59.48
97 Works of art, collectors’ pieces and antiques 208.2 0.21 145.343.30
99 Commodities not specified according to kind 4,163.7 4.12 6,401.1-34.95

US Imports from Cyprus

The major share of US imports from Cyprus in 2015 (and in 2014) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 28.23% of US total imports from Cyprus (51.03% in 2014);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.31% of US total imports from Cyprus (15.65% in 2014);
  • Mineral products (HS codes 25-27) - 6.01% of US total imports from Cyprus (3.64% in 2014);
  • Chemical products (HS codes 28-40) - 4.87% of US total imports from Cyprus (3.63% in 2014);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.37% of US total imports from Cyprus (1.24% in 2014).

The largest gains in US imports from Cyprus in 2015 over 2014 were recorded for the following product groups:

  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $703.8 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $244.6 thousand;
  • Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster (HS code 34) - an increase of $207.7 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $186.3 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $150.5 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $130.2 thousand.

The largest declines in US imports from Cyprus in 2015 over the 2014 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - a decrease of $22,793.7 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $5,734.5 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $1,836.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1,378.4 thousand;
  • Fertilizers (HS code 31) - a decrease of $1,173.8 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $334.8 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $198.0 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $174.9 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $136.2 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $119.1 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $107.6 thousand.
US imports from Cyprus in 2015 by product groups
HS
code
Name of product group Value
of imports
in 2015
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2014
USD thousand)
Change
in 2015
over 2014
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 2,408.6 7.25 2,544.8-5.35
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 3,536.0 10.64 5,372.5-34.18
08 Edible fruit and nuts; peel of citrus fruit or melons 0.0 0.00 16.7-100.00
09 Coffee, tea, maté and spices 24.7 0.07 59.1-58.12
13 Lac; gums, resins and other vegetable saps and extracts 95.3 0.29 3.03,109.83
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 74.5 0.22 111.2-33.02
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 120.0 0.36 227.6-47.27
17 Sugars and sugar confectionery 3.6 0.01 0.0
18 Cocoa and cocoa preparations 2.2 0.01 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 204.7 0.62 18.41,014.64
20 Preparations of vegetables, fruit, nuts or other parts of plants 280.8 0.84 380.4-26.18
21 Miscellaneous edible preparations 283.5 0.85 309.9-8.50
22 Beverages, spirits and vinegar 1,046.0 3.15 1,221.0-14.33
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,987.7 5.98 2,322.5-14.42
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 9.0 0.03 66.0-86.30
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 3.3 0.01 64.8-94.91
29 Organic chemicals 8.6 0.03 74.0-88.33
30 Pharmaceutical products 63.8 0.19 24.9155.98
31 Fertilizers 0.0 0.00 1,173.8-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 55.9 0.17 6.6751.32
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 979.3 2.95 734.733.30
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 400.4 1.20 192.7107.76
39 Plastics and articles thereof 96.3 0.29 93.23.35
40 Rubber and articles thereof 12.4 0.04 15.1-18.05
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.4 0.00 56.9-99.31
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 0.3-100.00
44 Wood and articles of wood; wood charcoal 176.4 0.53 46.1282.24
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 100.1 0.30 37.0170.75
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 18.7 0.06 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 4.3 0.01 4.6-7.51
61 Articles of apparel and clothing accessories, knitted or crocheted 14.3 0.04 3.0373.06
62 Articles of apparel and clothing accessories, not knitted or crocheted 668.4 2.01 746.5-10.46
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 0.0 0.00 1.0-100.00
64 Footwear, gaiters and the like; parts of such articles 761.3 2.29 57.51,223.06
65 Headgear and parts thereof 3.8 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 227.8 0.69 77.3194.83
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 87.1 0.26 4.31,949.58
72 Iron and steel 4.7 0.01 0.0
73 Articles of iron or steel 50.3 0.15 92.1-45.33
76 Aluminum and articles thereof 35.4 0.11 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 118.6 0.36 135.2-12.30
83 Miscellaneous articles of base metal 5.5 0.02 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,664.9 8.02 4,043.3-34.09
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 6,434.1 19.36 29,227.8-77.99
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 0.0 0.00 24.4-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 55.3 0.17 25.3118.93
88 Aircraft, spacecraft, and parts thereof 20.4 0.06 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 207.3 0.62 149.438.81
91 Clocks and watches and parts thereof 29.3 0.09 0.0
92 Musical instruments; parts and accessories of such articles 27.2 0.08 0.0
93 Arms and ammunition; parts and accessories thereof 38.0 0.11 57.8-34.29
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 2.2 0.01 121.3-98.20
95 Toys, games and sports requisites; parts and accessories thereof 318.5 0.96 516.6-38.33
96 Miscellaneous manufactured articles 8.1 0.02 0.0
97 Works of art, collectors’ pieces and antiques 527.6 1.59 465.013.46
99 Commodities not specified according to kind 8,930.4 26.87 14,664.8-39.10
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce