US trade (export - import) with Cyprus in 2016

Published or Updated: May 08, 2017

The report on US foreign trade in goods with Cyprus in 2016: exports, imports, balance, product types and groups, dynamics.

US Trade with Cyprus

In 2016, US trade with Cyprus totaled $239.3 million, up 78.03% ($104.9 million) from 2015.

US exports to Cyprus in 2016 totaled $184.4 million, up 82.29% ($83.3 million) from 2015.

US imports from Cyprus in 2016 totaled $54.9 million, up 65.07% ($21.6 million) from 2015.

US trade surplus with Cyprus in 2016 was $129.6 million, a 90.71% increase ($61.6 million) over 2015.

Cyprus was the US 141st largest trading partner in 2016 (up from 153rd in 2015), accounting for 0.0065% of US total trade (up from 0.0035% in 2015).

Cyprus was the US 127th largest export market in 2016 (up from 141st in 2015), accounting for 0.0127% of US total exports (up from 0.0067% in 2015).

Cyprus was the US 135th largest supplier in 2016 (up from 153rd in 2015), accounting for 0.0024% of US total imports (up from 0.0014% in 2015).

US Exports to Cyprus

The major share of US exports to Cyprus in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 78.45% of US total exports to Cyprus (64.26% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 4.87% of US total exports to Cyprus (9.61% in 2015);
  • Chemical products (HS codes 28-40) - 3.24% of US total exports to Cyprus (4.90% in 2015);
  • Mineral products (HS codes 25-27) - 3.22% of US total exports to Cyprus (7.43% in 2015);
  • Wood and wood products (HS codes 44-49) - 3.21% of US total exports to Cyprus (4.92% in 2015);
  • Metals and products from them (HS codes 72-83) - 1.65% of US total exports to Cyprus (0.93% in 2015).

The largest gains in US exports to Cyprus in 2016 over 2015 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $63,146.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $15,369.6 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $1,766.1 thousand;
  • Ores, slag and ash (HS code 26) - an increase of $1,318.9 thousand;
  • Ships, boats and floating structures (HS code 89) - an increase of $1,113.2 thousand;
  • 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 (HS code 86) - an increase of $635.6 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - an increase of $611.1 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $601.6 thousand.

The largest declines in US exports to Cyprus in 2016 over 2015 were recorded for the following product groups:

  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $2,973.8 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $1,258.3 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 $962.1 thousand.
US exports to Cyprus in 2016 by product groups
HS
code
Name of product group Value
of exports
in 2016
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2015
(USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 3.5 0.00 3.43.37
02 Meat and edible meat offal 166.8 0.09 203.7-18.15
03 Fish and crustaceans, molluscs and other aquatic invertebrates 270.5 0.15 306.3-11.66
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 5.4 0.00 45.1-87.96
05 Products of animal origin, not elsewhere specified or included 548.5 0.30 341.160.80
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 193.1 0.10 52.6266.96
07 Edible vegetables and certain roots and tubers 292.7 0.16 154.589.51
08 Edible fruit and nuts; peel of citrus fruit or melons 3,096.1 1.68 4,354.5-28.90
09 Coffee, tea, maté and spices 79.7 0.04 27.2193.36
10 Cereals 138.4 0.08 194.2-28.72
11 Products of the milling industry; malt; starches; inulin; wheat gluten 105.8 0.06 110.8-4.53
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 79.8 0.04 107.5-25.76
13 Lac; gums, resins and other vegetable saps and extracts 303.3 0.16 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 18.8 0.01 133.1-85.87
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 18.4 0.01 51.9-64.62
17 Sugars and sugar confectionery 6.2 0.00 41.1-84.99
18 Cocoa and cocoa preparations 4.3 0.00 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 83.1 0.05 147.2-43.55
20 Preparations of vegetables, fruit, nuts or other parts of plants 323.1 0.18 633.0-48.96
21 Miscellaneous edible preparations 1,059.5 0.57 693.952.69
22 Beverages, spirits and vinegar 1,708.6 0.93 1,328.428.62
23 Residues and waste from the food industries; prepared animal feed 398.4 0.22 500.1-20.35
24 Tobacco and manufactured tobacco substitutes 74.6 0.04 289.0-74.20
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 177.4 0.10 106.566.48
26 Ores, slag and ash 1,318.9 0.72 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4,434.8 2.40 7,408.6-40.14
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 64.2 0.03 3.91,560.54
29 Organic chemicals 391.8 0.21 227.172.54
30 Pharmaceutical products 661.4 0.36 1,086.0-39.10
31 Fertilizers 164.4 0.09 134.522.23
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 323.5 0.18 186.273.80
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,985.2 1.08 1,686.217.73
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 559.4 0.30 202.1176.76
35 Albuminoidal substances; modified starches; glues; enzymes 23.2 0.01 25.1-7.75
38 Miscellaneous chemical products 1,190.1 0.65 588.5102.22
39 Plastics and articles thereof 460.3 0.25 654.3-29.66
40 Rubber and articles thereof 146.0 0.08 161.0-9.27
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 96.3 0.05 113.9-15.51
43 Furskins and artificial fur; manufactures thereof 2.5 0.00 0.0
44 Wood and articles of wood; wood charcoal 1,119.1 0.61 950.617.73
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 3,113.7 1.69 2,502.624.42
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 1,302.6 0.71 1,244.14.71
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 377.4 0.20 283.033.36
52 Cotton 41.1 0.02 31.829.41
54 Man-made filaments 10.3 0.01 40.2-74.43
55 Man-made staple fibers 5.6 0.00 90.4-93.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 31.1 0.02 7.2332.04
57 Carpets and other textile floor coverings 69.8 0.04 31.0124.97
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 18.4 0.01 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 22.1 0.01 19.811.46
60 Knitted or crocheted fabrics 0.0 0.00 4.9-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 163.9 0.09 55.7194.33
62 Articles of apparel and clothing accessories, not knitted or crocheted 162.1 0.09 182.9-11.38
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 24.7 0.01 7.5226.73
64 Footwear, gaiters and the like; parts of such articles 476.8 0.26 82.1480.87
65 Headgear and parts thereof 8.9 0.00 0.0
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 33.8 0.02 18.483.03
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 804.7 0.44 486.765.34
69 Ceramic products 36.9 0.02 18.599.36
70 Glass and glassware 106.0 0.06 115.2-7.94
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 283.2 0.15 271.64.29
72 Iron and steel 19.8 0.01 6.0230.75
73 Articles of iron or steel 2,117.3 1.15 351.1503.01
74 Copper and articles thereof 0.0 0.00 10.5-100.00
75 Nickel and articles thereof 5.2 0.00 2.795.83
76 Aluminum and articles thereof 434.6 0.24 184.2135.92
80 Tin and articles thereof 6.1 0.00 3.766.16
81 Other base metals; cermets; articles thereof 10.5 0.01 3.9170.62
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 364.7 0.20 199.982.44
83 Miscellaneous articles of base metal 93.7 0.05 175.1-46.50
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 27,014.8 14.65 11,645.1131.98
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 8,377.8 4.54 9,339.9-10.30
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 666.7 0.36 31.12,041.68
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 1,336.8 0.72 866.054.36
88 Aircraft, spacecraft, and parts thereof 88,909.6 48.21 25,763.2245.10
89 Ships, boats and floating structures 1,636.2 0.89 523.1212.81
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 16,746.7 9.08 16,848.3-0.60
91 Clocks and watches and parts thereof 56.2 0.03 51.78.61
92 Musical instruments; parts and accessories of such articles 105.1 0.06 92.213.91
93 Arms and ammunition; parts and accessories thereof 4.0 0.00 2.747.87
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 1,242.2 0.67 793.056.64
95 Toys, games and sports requisites; parts and accessories thereof 746.6 0.40 980.4-23.85
96 Miscellaneous manufactured articles 46.4 0.03 183.0-74.65
97 Works of art, collectors’ pieces and antiques 610.3 0.33 208.2193.06
99 Commodities not specified according to kind 4,687.2 2.54 4,163.712.57

US Imports from Cyprus

The major share of US imports from Cyprus in 2016 (and in 2015) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 48.38% of US total imports from Cyprus (28.23% in 2015);
  • Food products and agricultural raw materials (HS codes 01-24) - 17.90% of US total imports from Cyprus (24.31% in 2015);
  • Chemical products (HS codes 28-40) - 7.96% of US total imports from Cyprus (4.87% in 2015);
  • Textiles, textile products and footwear (HS codes 50-67) - 7.51% of US total imports from Cyprus (4.37% in 2015);
  • Mineral products (HS codes 25-27) - 2.74% of US total imports from Cyprus (6.01% in 2015);
  • Wood and wood products (HS codes 44-49) - 1.16% of US total imports from Cyprus (0.89% in 2015).

The largest gains in US imports from Cyprus in 2016 over 2015 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) - an increase of $17,775.5 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - an increase of $2,707.3 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $2,688.5 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $1,665.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1,020.4 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $507.1 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $413.4 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $262.2 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $217.2 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $202.9 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $180.9 thousand.

The largest declines in US imports from Cyprus in 2016 over the 2015 were recorded for the following product groups:

  • Commodities not specified according to kind (HS code 99) - a decrease of $4,098.0 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $1,018.1 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $864.4 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $484.0 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) - a decrease of $298.0 thousand;
  • Miscellaneous edible preparations (HS code 21) - a decrease of $188.1 thousand.
US imports from Cyprus in 2016 by product groups
HS
code
Name of product group Value
of imports
in 2016
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2015
USD thousand)
Change
in 2016
over 2015
(%)
01 Live animals 73.4 0.13 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 1,544.3 2.81 2,408.6-35.89
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 4,043.1 7.37 3,536.014.34
09 Coffee, tea, maté and spices 41.6 0.08 24.768.04
13 Lac; gums, resins and other vegetable saps and extracts 57.3 0.10 95.3-39.93
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 62.7 0.11 74.5-15.80
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 382.2 0.70 120.0218.46
17 Sugars and sugar confectionery 2.3 0.00 3.6-37.30
18 Cocoa and cocoa preparations 65.3 0.12 2.22,855.50
19 Preparations of cereals, flour, starch or milk; bakers’ wares 343.8 0.63 204.767.93
20 Preparations of vegetables, fruit, nuts or other parts of plants 397.4 0.72 280.841.52
21 Miscellaneous edible preparations 95.4 0.17 283.5-66.34
22 Beverages, spirits and vinegar 2,711.0 4.94 1,046.0159.18
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 1,503.7 2.74 1,987.7-24.35
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 9.0-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 54.6 0.10 3.31,555.18
29 Organic chemicals 18.8 0.03 8.6117.55
30 Pharmaceutical products 281.0 0.51 63.8340.21
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 52.4 0.10 55.9-6.22
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 3,667.8 6.69 979.3274.53
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 102.3 0.19 400.4-74.44
38 Miscellaneous chemical products 7.1 0.01 0.0
39 Plastics and articles thereof 173.7 0.32 96.380.42
40 Rubber and articles thereof 9.4 0.02 12.4-24.11
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 40.2 0.07 0.410,067.34
44 Wood and articles of wood; wood charcoal 324.7 0.59 176.484.09
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 302.9 0.55 100.1202.72
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 7.4 0.01 18.7-60.64
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.5 0.00 4.3-88.34
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.7 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 3.1 0.01 14.3-78.09
62 Articles of apparel and clothing accessories, not knitted or crocheted 630.6 1.15 668.4-5.66
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 14.0 0.03 0.0
64 Footwear, gaiters and the like; parts of such articles 3,468.7 6.32 761.3355.61
65 Headgear and parts thereof 1.0 0.00 3.8-72.92
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 190.8 0.35 227.8-16.23
69 Ceramic products 37.5 0.07 0.0
70 Glass and glassware 40.4 0.07 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 44.2 0.08 87.1-49.21
72 Iron and steel 0.0 0.00 4.7-100.00
73 Articles of iron or steel 161.1 0.29 50.3220.19
74 Copper and articles thereof 48.0 0.09 0.0
76 Aluminum and articles thereof 39.3 0.07 35.411.03
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 75.8 0.14 118.6-36.09
83 Miscellaneous articles of base metal 6.0 0.01 5.59.30
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,646.8 3.00 2,664.9-38.20
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 24,209.6 44.13 6,434.1276.27
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 47.5 0.09 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 20.4 0.04 55.3-63.17
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 20.4-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 620.7 1.13 207.3199.37
91 Clocks and watches and parts thereof 188.8 0.34 29.3543.47
92 Musical instruments; parts and accessories of such articles 0.0 0.00 27.2-100.00
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 38.0-100.00
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 120.2 0.22 2.25,393.97
95 Toys, games and sports requisites; parts and accessories thereof 499.4 0.91 318.556.78
96 Miscellaneous manufactured articles 0.0 0.00 8.1-100.00
97 Works of art, collectors’ pieces and antiques 1,548.0 2.82 527.6193.41
99 Commodities not specified according to kind 4,832.4 8.81 8,930.4-45.89
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce