US trade with Cyprus in the first half of 2017

Published or Updated: Oct 19, 2017

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

US Trade with Cyprus

In the first half of 2017, US trade with Cyprus was $69.4 million, down 23.79% ($21.7 million) from the first half of 2016.

US exports to Cyprus in the first half of 2017 were $42.7 million, down 30.49% ($18.7 million) from the first half of 2016.

US imports from Cyprus in the first half of 2017 were $26.7 million, down 9.92% ($2.9 million) from the first half of 2016.

US trade surplus with Cyprus in the first half of 2017 was $15.9 million, a 49.74% decrease ($15.8 million) over the first half of 2016.

Cyprus was the US 152nd largest trading partner in the first half of 2017 (down from 142nd in the first half of 2016), accounting for 0.0036% of US total trade (down from 0.0051% in the first half of 2016).

Cyprus was the US 143rd largest export market in the first half of 2017 (down from 133rd in the first half of 2016), accounting for 0.0056% of US total exports (down from 0.0086% in the first half of 2016).

Cyprus was the US 138th largest supplier in the first half of 2017 (down from 133rd in the first half of 2016), accounting for 0.0023% of US total imports (down from 0.0027% in the first half of 2016).

US Exports to Cyprus

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 51.98% of US total exports to Cyprus (63.47% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.28% of US total exports to Cyprus (7.21% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 8.30% of US total exports to Cyprus (4.57% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 7.99% of US total exports to Cyprus (6.29% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 4.70% of US total exports to Cyprus (7.18% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 1.89% of US total exports to Cyprus (2.50% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.31% of US total exports to Cyprus (0.70% in the first half of 2016).

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

  • Aircraft, spacecraft, and parts thereof (HS code 88) - an increase of $4,158.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $1,340.1 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - an increase of $720.5 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - an increase of $307.7 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $266.7 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $246.4 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $227.8 thousand;
  • Organic chemicals (HS code 29) - an increase of $177.3 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $152.9 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - an increase of $142.7 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $138.2 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - an increase of $130.6 thousand.

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

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $12,749.0 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $7,370.2 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $2,795.6 thousand;
  • Ores, slag and ash (HS code 26) - a decrease of $1,095.9 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 $790.8 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $451.1 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $408.7 thousand;
  • Aluminum and articles thereof (HS code 76) - a decrease of $351.6 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - a decrease of $202.0 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $165.3 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $147.8 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - a decrease of $130.8 thousand.
US exports to Cyprus in the first half of 2017 by product groups
HS
code
Name of product group Value
of exports
in first-half 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 0.0 0.00 3.5-100.00
02 Meat and edible meat offal 0.0 0.00 71.1-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 47.6 0.11 86.1-44.71
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 6.0 0.01 5.410.02
05 Products of animal origin, not elsewhere specified or included 151.9 0.36 110.237.89
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 7.0 0.02 6.410.51
07 Edible vegetables and certain roots and tubers 131.0 0.31 60.3117.23
08 Edible fruit and nuts; peel of citrus fruit or melons 3,179.5 7.45 1,839.472.86
09 Coffee, tea, maté and spices 37.0 0.09 70.2-47.19
10 Cereals 114.5 0.27 102.311.94
11 Products of the milling industry; malt; starches; inulin; wheat gluten 70.5 0.17 80.6-12.54
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 55.5 0.13 14.6279.86
13 Lac; gums, resins and other vegetable saps and extracts 87.0 0.20 289.0-69.89
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 22.9 0.05 2.6779.15
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 45.8 0.11 0.0
18 Cocoa and cocoa preparations 0.0 0.00 4.3-100.00
19 Preparations of cereals, flour, starch or milk; bakers’ wares 168.5 0.39 25.8552.52
20 Preparations of vegetables, fruit, nuts or other parts of plants 29.3 0.07 177.1-83.48
21 Miscellaneous edible preparations 819.1 1.92 552.448.28
22 Beverages, spirits and vinegar 861.8 2.02 708.921.57
23 Residues and waste from the food industries; prepared animal feed 241.6 0.57 187.828.60
24 Tobacco and manufactured tobacco substitutes 20.6 0.05 9.2122.85
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 54.5 0.13 132.3-58.79
26 Ores, slag and ash 102.0 0.24 1,197.9-91.49
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 3,253.0 7.62 2,532.628.45
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 91.1 0.21 3.92,259.72
29 Organic chemicals 367.2 0.86 189.993.33
30 Pharmaceutical products 509.4 1.19 371.237.22
31 Fertilizers 61.4 0.14 103.7-40.80
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 155.5 0.36 198.6-21.68
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,093.9 2.56 866.126.31
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 149.7 0.35 164.6-9.05
35 Albuminoidal substances; modified starches; glues; enzymes 0.0 0.00 16.4-100.00
36 Explosives; pyrotechnic products; matches; pyrophoric alloys; certain combustible preparations 4.6 0.01 0.0
37 Photographic or cinematographic goods 3.2 0.01 0.0
38 Miscellaneous chemical products 675.0 1.58 563.919.70
39 Plastics and articles thereof 281.1 0.66 224.125.48
40 Rubber and articles thereof 150.6 0.35 103.745.25
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) 76.4 0.18 83.2-8.22
43 Furskins and artificial fur; manufactures thereof 0.0 0.00 2.5-100.00
44 Wood and articles of wood; wood charcoal 785.9 1.84 539.545.67
45 Cork and articles of cork 2.8 0.01 0.0
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 140.5 0.33 2,936.2-95.21
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 952.2 2.23 644.547.75
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 122.8 0.29 288.1-57.38
52 Cotton 0.0 0.00 31.6-100.00
54 Man-made filaments 0.0 0.00 10.3-100.00
55 Man-made staple fibers 13.4 0.03 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 5.4 0.01 14.6-63.00
57 Carpets and other textile floor coverings 11.5 0.03 38.4-69.90
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 18.4 0.04 0.0
59 Impregnated, coated, covered or laminated textile fabrics; textile articles of a kind suitable for industrial use 28.6 0.07 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 147.8 0.35 66.4122.49
62 Articles of apparel and clothing accessories, not knitted or crocheted 166.2 0.39 55.0202.34
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 26.7 0.06 6.8290.90
64 Footwear, gaiters and the like; parts of such articles 97.4 0.23 180.6-46.05
65 Headgear and parts thereof 32.3 0.08 8.9263.90
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 10.5 0.02 16.6-36.97
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 567.5 1.33 436.929.89
69 Ceramic products 13.7 0.03 34.3-60.07
70 Glass and glassware 173.1 0.41 58.0198.52
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 36.9 0.09 50.5-26.86
73 Articles of iron or steel 486.7 1.14 937.8-48.10
74 Copper and articles thereof 11.6 0.03 0.0
75 Nickel and articles thereof 6.9 0.02 5.231.70
76 Aluminum and articles thereof 14.0 0.03 365.5-96.17
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 220.4 0.52 146.250.77
83 Miscellaneous articles of base metal 69.3 0.16 83.0-16.50
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 9,137.5 21.40 21,886.5-58.25
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 3,670.2 8.60 4,461.0-17.73
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 0.01 0.0
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 410.1 0.96 540.9-24.18
88 Aircraft, spacecraft, and parts thereof 5,053.5 11.84 894.6464.91
89 Ships, boats and floating structures 301.1 0.71 214.540.38
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 3,611.2 8.46 10,981.4-67.12
91 Clocks and watches and parts thereof 10.9 0.03 20.1-45.80
92 Musical instruments; parts and accessories of such articles 24.6 0.06 74.4-66.89
93 Arms and ammunition; parts and accessories thereof 15.2 0.04 4.0279.63
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 290.3 0.68 201.344.19
95 Toys, games and sports requisites; parts and accessories thereof 491.9 1.15 379.229.71
96 Miscellaneous manufactured articles 92.6 0.22 13.8573.16
97 Works of art, collectors’ pieces and antiques 113.6 0.27 522.3-78.25

US Imports from Cyprus

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 40.32% of US total imports from Cyprus (56.31% in the first half of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 18.03% of US total imports from Cyprus (16.50% in the first half of 2016);
  • Chemical products (HS codes 28-40) - 14.61% of US total imports from Cyprus (5.19% in the first half of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 5.58% of US total imports from Cyprus (6.28% in the first half of 2016);
  • Mineral products (HS codes 25-27) - 3.01% of US total imports from Cyprus (2.44% in the first half of 2016);
  • Metals and products from them (HS codes 72-83) - 2.00% of US total imports from Cyprus (0.65% in the first half of 2016);
  • Wood and wood products (HS codes 44-49) - 0.26% of US total imports from Cyprus (1.74% in the first half of 2016).

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

  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - an increase of $1,762.1 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $738.4 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $542.9 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $455.9 thousand;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $299.9 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $271.7 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 $255.3 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $233.6 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 $207.7 thousand;
  • Iron and steel (HS code 72) - an increase of $181.4 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $167.4 thousand;
  • Organic chemicals (HS code 29) - an increase of $128.5 thousand.

The largest declines in US imports from Cyprus in the first half of 2017 over the first half 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 $6,504.5 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $722.6 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $437.9 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - a decrease of $321.5 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $152.8 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $134.3 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - a decrease of $113.8 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 $94.7 thousand.
US imports from Cyprus in the first half of 2017 by product groups
HS
code
Name of product group Value
of imports
in first-half 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in first-half 2016
(USD thousand)
Change
in first-half 2017
over first-half 2016
(%)
01 Live animals 5.0 0.02 0.0
03 Fish and crustaceans, molluscs and other aquatic invertebrates 713.2 2.67 847.5-15.85
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 2,824.2 10.56 2,085.835.40
08 Edible fruit and nuts; peel of citrus fruit or melons 63.4 0.24 0.0
09 Coffee, tea, maté and spices 23.3 0.09 6.9237.96
10 Cereals 4.6 0.02 0.0
13 Lac; gums, resins and other vegetable saps and extracts 110.4 0.41 57.392.75
14 Vegetable plaiting materials; vegetable products not elsewhere specified or included 74.9 0.28 62.719.42
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 137.1 0.51 250.9-45.36
18 Cocoa and cocoa preparations 10.2 0.04 55.5-81.66
19 Preparations of cereals, flour, starch or milk; bakers’ wares 135.7 0.51 107.226.66
20 Preparations of vegetables, fruit, nuts or other parts of plants 220.4 0.82 270.6-18.56
21 Miscellaneous edible preparations 81.7 0.31 11.5610.27
22 Beverages, spirits and vinegar 418.8 1.57 1,141.4-63.31
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 795.2 2.97 723.59.90
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 10.2 0.04 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 300.0 1.12 44.7570.76
29 Organic chemicals 131.3 0.49 2.84,587.51
30 Pharmaceutical products 176.7 0.66 100.575.72
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 48.1 0.18 28.370.26
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 2,953.8 11.05 1,191.7147.86
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 0.01 98.2-96.51
38 Miscellaneous chemical products 0.0 0.00 7.1-100.00
39 Plastics and articles thereof 292.8 1.09 59.1395.24
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) 30.9 0.12 14.7110.43
44 Wood and articles of wood; wood charcoal 3.1 0.01 324.7-99.04
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 35.3 0.13 188.0-81.24
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 30.5 0.11 4.0661.75
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 1.1 0.00 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 2.4 0.01 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 49.6 0.19 0.510,134.64
62 Articles of apparel and clothing accessories, not knitted or crocheted 357.5 1.34 340.25.09
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.4 0.01 6.1-43.50
64 Footwear, gaiters and the like; parts of such articles 1,077.5 4.03 1,515.4-28.90
65 Headgear and parts thereof 0.8 0.00 1.0-22.85
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 155.0 0.58 96.560.60
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 35.0 0.13 16.3114.52
72 Iron and steel 181.4 0.68 0.0
73 Articles of iron or steel 62.5 0.23 122.4-48.93
76 Aluminum and articles thereof 167.4 0.63 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 114.2 0.43 63.380.33
83 Miscellaneous articles of base metal 9.3 0.03 6.056.13
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 959.8 3.59 943.41.74
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 9,126.5 34.13 15,631.0-41.61
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13.2 0.05 17.2-23.20
89 Ships, boats and floating structures 12.3 0.05 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 669.9 2.51 127.0427.46
91 Clocks and watches and parts thereof 304.3 1.14 4.46,802.61
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 262.9 0.98 55.1376.79
95 Toys, games and sports requisites; parts and accessories thereof 558.1 2.09 102.2446.14
97 Works of art, collectors’ pieces and antiques 837.7 3.13 566.147.99
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce