US trade with Cyprus in the 2nd quarter of 2017

Published or Updated: Aug 28, 2017

The report on US foreign trade in goods with Cyprus in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Cyprus

In the 2nd quarter of 2017, US trade with Cyprus was $27.8 million, down 44.63% ($22.4 million) from the 2nd quarter of 2016.

US exports to Cyprus in the 2nd quarter of 2017 were $20.0 million, down 50.60% ($20.5 million) from the 2nd quarter of 2016.

US imports from Cyprus in the 2nd quarter of 2017 were $7.8 million, down 19.86% ($1.9 million) from the 2nd quarter of 2016.

US trade surplus with Cyprus in the 2nd quarter of 2017 was $12.2 million, a 60.35% decrease ($18.5 million) over the 2nd quarter of 2016.

Cyprus was the US 161st largest trading partner in the 2nd quarter of 2017 (down from 139th in the 2nd quarter of 2016), accounting for 0.0028% of US total trade (down from 0.0054% in the 2nd quarter of 2016).

Cyprus was the US 144th largest export market in the 2nd quarter of 2017 (down from 127th in the 2nd quarter of 2016), accounting for 0.0052% of US total exports (down from 0.0111% in the 2nd quarter of 2016).

Cyprus was the US 145th largest supplier in the 2nd quarter of 2017 (up from 146th in the 2nd quarter of 2016), accounting for 0.0013% of US total imports (down from 0.0017% in the 2nd quarter of 2016).

US Exports to Cyprus

The major share of US exports to Cyprus in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 54.52% of US total exports to Cyprus (65.54% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.72% of US total exports to Cyprus (5.14% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 9.48% of US total exports to Cyprus (4.12% in the 2nd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 4.90% of US total exports to Cyprus (8.71% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 2.67% of US total exports to Cyprus (2.96% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.00% of US total exports to Cyprus (6.07% in the 2nd quarter of 2016).

The largest gains in US exports to Cyprus in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $1,509.6 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $240.8 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $198.0 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $174.8 thousand;
  • Glass and glassware (HS code 70) - an increase of $153.6 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $148.7 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) - an increase of $102.1 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $88.4 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $74.8 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - an increase of $71.8 thousand.

The largest declines in US exports to Cyprus in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $14,952.7 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $2,743.9 thousand;
  • Ores, slag and ash (HS code 26) - a decrease of $1,095.9 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $1,076.0 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 $575.9 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $436.9 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $318.6 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $289.0 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $174.5 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $163.4 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $133.5 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $128.7 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $128.2 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $85.4 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $80.5 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $71.1 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $63.8 thousand.
US exports to Cyprus in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 0.0 0.00 71.1-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 33.3 0.17 34.5-3.40
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 0.0 0.00 2.7-100.00
05 Products of animal origin, not elsewhere specified or included 91.4 0.46 64.441.87
07 Edible vegetables and certain roots and tubers 55.4 0.28 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 1,969.7 9.86 460.2328.06
09 Coffee, tea, maté and spices 20.7 0.10 16.723.60
10 Cereals 81.2 0.41 62.729.50
11 Products of the milling industry; malt; starches; inulin; wheat gluten 45.5 0.23 27.366.64
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 38.6 0.19 0.0
13 Lac; gums, resins and other vegetable saps and extracts 0.0 0.00 289.0-100.00
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 16.2 0.08 2.6524.08
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 0.0 0.00 18.4-100.00
17 Sugars and sugar confectionery 4.3 0.02 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 151.8 0.76 3.14,767.33
20 Preparations of vegetables, fruit, nuts or other parts of plants 13.7 0.07 177.1-92.29
21 Miscellaneous edible preparations 377.7 1.89 340.510.92
22 Beverages, spirits and vinegar 287.5 1.44 415.7-30.85
23 Residues and waste from the food industries; prepared animal feed 132.1 0.66 82.260.80
24 Tobacco and manufactured tobacco substitutes 20.6 0.10 9.2122.85
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 27.4 0.14 108.0-74.58
26 Ores, slag and ash 102.0 0.51 1,197.9-91.49
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 71.0 0.36 1,147.0-93.81
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 78.6 0.39 3.91,936.99
29 Organic chemicals 56.1 0.28 94.8-40.83
30 Pharmaceutical products 143.0 0.72 206.8-30.83
31 Fertilizers 61.4 0.31 103.7-40.80
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 113.0 0.57 109.23.55
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 742.8 3.72 544.836.35
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 78.0 0.39 85.1-8.34
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 16.4-100.00
37 Photographic or cinematographic goods 3.2 0.02 0.0
38 Miscellaneous chemical products 330.2 1.65 321.62.68
39 Plastics and articles thereof 188.0 0.94 99.688.79
40 Rubber and articles thereof 98.4 0.49 78.126.11
41 Raw hides and skins (other than furskins) and leather 2.8 0.01 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 11.5 0.06 27.6-58.29
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 2.5-100.00
44 Wood and articles of wood; wood charcoal 372.0 1.86 131.3183.42
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 98.5 0.49 2,842.4-96.53
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 423.8 2.12 408.63.73
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 83.7 0.42 137.1-38.98
52 Cotton 0.0 0.00 22.0-100.00
54 Man-made filaments 0.0 0.00 2.7-100.00
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 3.3-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 99.3 0.50 27.5261.28
62 Articles of apparel and clothing accessories, not knitted or crocheted 37.0 0.19 7.7382.37
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 9.9 0.05 0.0
64 Footwear, gaiters and the like; parts of such articles 27.6 0.14 113.0-75.61
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 0.0 0.00 10.4-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 164.3 0.82 293.0-43.94
69 Ceramic products 5.3 0.03 14.3-63.19
70 Glass and glassware 164.9 0.83 11.31,359.76
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 10.4 0.05 33.3-68.88
73 Articles of iron or steel 397.1 1.99 834.0-52.38
74 Copper and articles thereof 11.6 0.06 0.0
75 Nickel and articles thereof 6.9 0.03 0.0
76 Aluminum and articles thereof 3.1 0.02 321.7-99.03
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 73.3 0.37 37.098.09
83 Miscellaneous articles of base metal 40.5 0.20 5.0707.49
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 5,254.5 26.31 20,207.2-74.00
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 2,679.3 13.42 3,255.2-17.69
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 5.0 0.03 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 233.8 1.17 408.2-42.73
88 Aircraft, spacecraft, and parts thereof 788.7 3.95 761.53.57
89 Ships, boats and floating structures 257.1 1.29 201.627.52
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,667.8 8.35 1,658.00.59
91 Clocks and watches and parts thereof 0.0 0.00 7.0-100.00
92 Musical instruments; parts and accessories of such articles 19.0 0.10 33.2-42.79
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 4.0-100.00
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 201.4 1.01 99.3102.81
95 Toys, games and sports requisites; parts and accessories thereof 282.7 1.42 107.9162.04
96 Miscellaneous manufactured articles 60.4 0.30 10.8462.21
97 Works of art, collectors’ pieces and antiques 52.0 0.26 185.5-71.97

US Imports from Cyprus

The major share of US imports from Cyprus in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Food products and agricultural raw materials (HS codes 01-24) - 34.13% of US total imports from Cyprus (30.57% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 21.20% of US total imports from Cyprus (4.86% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 9.44% of US total imports from Cyprus (34.87% in the 2nd quarter of 2016);
  • Mineral products (HS codes 25-27) - 6.40% of US total imports from Cyprus (4.26% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 5.60% of US total imports from Cyprus (1.82% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 5.54% of US total imports from Cyprus (11.13% in the 2nd quarter of 2016).

The largest gains in US imports from Cyprus in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $714.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $604.4 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - an increase of $300.0 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $223.8 thousand;
  • Iron and steel (HS code 72) - an increase of $181.4 thousand;
  • Organic chemicals (HS code 29) - an increase of $110.8 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $105.6 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $91.3 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - an increase of $84.6 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $73.8 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $49.5 thousand;
  • Vegetable plaiting materials; vegetable products not elsewhere specified or included (HS code 14) - an increase of $45.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $42.3 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $38.2 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - an increase of $26.5 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $25.9 thousand.

The largest declines in US imports from Cyprus in the 2nd quarter of 2017 over the 2nd quarter of 2016 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 $2,310.7 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $1,076.3 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $689.9 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $387.0 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 $87.3 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $68.8 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $67.3 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $57.8 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - a decrease of $33.0 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $31.7 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $28.3 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 $26.9 thousand.
US imports from Cyprus in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 374.3 4.80 441.6-15.24
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,785.9 22.89 1,071.866.62
08 Edible fruit and nuts; peel of citrus fruit or melons 3.1 0.04 0.0
09 Coffee, tea, maté and spices 5.3 0.07 3.362.79
10 Cereals 4.6 0.06 0.0
13 Lac; gums, resins and other vegetable saps and extracts 91.3 1.17 0.0
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 45.0 0.58 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 137.1 1.76 147.7-7.17
18 Cocoa and cocoa preparations 7.1 0.09 0.0
19 Preparations of cereals, flour, starch or milk; bakers’ wares 65.7 0.84 75.2-12.73
20 Preparations of vegetables, fruit, nuts or other parts of plants 103.6 1.33 126.9-18.41
21 Miscellaneous edible preparations 7.1 0.09 0.0
22 Beverages, spirits and vinegar 32.8 0.42 1,109.1-97.04
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 499.5 6.40 414.920.40
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 300.0 3.85 0.0
29 Organic chemicals 110.8 1.42 0.0
30 Pharmaceutical products 73.8 0.95 0.0
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 0.0 0.00 28.3-100.00
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 937.3 12.02 333.0181.51
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 3.4 0.04 90.7-96.22
38 Miscellaneous chemical products 0.0 0.00 7.1-100.00
39 Plastics and articles thereof 228.5 2.93 4.84,667.36
40 Rubber and articles thereof 0.0 0.00 9.4-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 0.5 0.01 14.7-96.65
44 Wood and articles of wood; wood charcoal 3.1 0.04 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 28.8 0.37 60.5-52.40
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 30.5 0.39 4.0661.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1.1 0.01 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 1.6 0.02 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 6.7 0.09 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 151.7 1.94 125.820.59
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.4 0.03 0.0
64 Footwear, gaiters and the like; parts of such articles 268.0 3.44 957.9-72.02
65 Headgear and parts thereof 0.8 0.01 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 38.8 0.50 96.5-59.84
69 Ceramic products 0.0 0.00 3.1-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 24.0 0.31 16.346.77
72 Iron and steel 181.4 2.32 0.0
73 Articles of iron or steel 45.4 0.58 114.1-60.26
76 Aluminum and articles thereof 105.6 1.35 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 101.5 1.30 63.360.38
83 Miscellaneous articles of base metal 2.9 0.04 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 435.5 5.58 822.4-47.05
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 119.5 1.53 2,430.1-95.08
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 0.0 0.00 14.5-100.00
89 Ships, boats and floating structures 12.3 0.16 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 169.3 2.17 127.033.27
91 Clocks and watches and parts thereof 6.2 0.08 4.441.32
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 12.9 0.17 39.8-67.59
95 Toys, games and sports requisites; parts and accessories thereof 69.2 0.89 102.2-32.27
97 Works of art, collectors’ pieces and antiques 95.9 1.23 46.4106.86
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce