US trade with Cyprus in the 3rd quarter of 2017

Published or Updated: Apr 04, 2018

The report on US foreign trade in goods with Cyprus in the 3rd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Cyprus

In the 3rd quarter of 2017, US trade with Cyprus was $26.7 million, down 43.88% ($20.8 million) from the 3rd quarter of 2016.

US exports to Cyprus in the 3rd quarter of 2017 were $12.3 million, down 61.90% ($19.9 million) from the 3rd quarter of 2016.

US imports from Cyprus in the 3rd quarter of 2017 were $14.4 million, down 5.89% ($0.9 million) from the 3rd quarter of 2016.

US trade balance with Cyprus went from a surplus of $16.9 million in the 3rd quarter of 2016, to a deficit of $2.1 million in the 3rd quarter of 2017.

Cyprus was the US 162nd largest trading partner in the 3rd quarter of 2017 (down from 141st in the 3rd quarter of 2016), accounting for 0.0027% of US total trade (down from 0.0058% in the 3rd quarter of 2016).

Cyprus was the US 161st largest export market in the 3rd quarter of 2017 (down from 134th in the 3rd quarter of 2016), accounting for 0.0032% of US total exports (down from 0.0093% in the 3rd quarter of 2016).

Cyprus was the US 137th largest supplier in the 3rd quarter of 2017 (down from 129th in the 3rd quarter of 2016), accounting for 0.0024% of US total imports (down from 0.0032% in the 3rd quarter of 2016).

US Exports to Cyprus

The major share of US exports to Cyprus in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 51.68% of US total exports to Cyprus (79.18% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 12.60% of US total exports to Cyprus (6.37% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 12.36% of US total exports to Cyprus (3.98% in the 3rd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 4.71% of US total exports to Cyprus (0.77% in the 3rd quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 3.87% of US total exports to Cyprus (2.79% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 1.76% of US total exports to Cyprus (1.44% in the 3rd quarter of 2016).

The largest gains in US exports to Cyprus in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Miscellaneous edible preparations (HS code 21) - an increase of $298.0 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $271.1 thousand;
  • Miscellaneous chemical products (HS code 38) - an increase of $270.2 thousand;
  • Articles of iron or steel (HS code 73) - an increase of $217.1 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $212.8 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $151.8 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $117.6 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 $102.2 thousand;
  • Wood and articles of wood; wood charcoal (HS code 44) - an increase of $80.4 thousand;
  • Products of the milling industry; malt; starches; inulin; wheat gluten (HS code 11) - an increase of $72.6 thousand;
  • Aluminum and articles thereof (HS code 76) - an increase of $62.5 thousand;
  • Sugars and sugar confectionery (HS code 17) - an increase of $47.6 thousand;
  • Clocks and watches and parts thereof (HS code 91) - an increase of $47.4 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $46.0 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $38.5 thousand.

The largest declines in US exports to Cyprus in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Aircraft, spacecraft, and parts thereof (HS code 88) - a decrease of $15,037.5 thousand;
  • Ships, boats and floating structures (HS code 89) - a decrease of $1,359.5 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $816.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $779.6 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 $718.6 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) - a decrease of $666.7 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $448.7 thousand;
  • Paper and paperboard; articles of paper pulp, of paper or of paperboard (HS code 48) - a decrease of $385.6 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) - a decrease of $272.7 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $271.3 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $224.7 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $209.9 thousand;
  • Products of animal origin, not elsewhere specified or included (HS code 05) - a decrease of $141.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - a decrease of $128.8 thousand;
  • Ores, slag and ash (HS code 26) - a decrease of $121.0 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $111.4 thousand;
  • Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard (HS code 47) - a decrease of $100.0 thousand;
  • Meat and edible meat offal (HS code 02) - a decrease of $95.6 thousand;
  • Articles of stone, plaster, cement, asbestos, mica or similar materials (HS code 68) - a decrease of $46.3 thousand;
  • Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes (HS code 28) - a decrease of $40.9 thousand;
  • Preparations of cereals, flour, starch or milk; bakers’ wares (HS code 19) - a decrease of $40.2 thousand.
US exports to Cyprus in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q3 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
02 Meat and edible meat offal 0.0 0.00 95.6-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 44.7 0.36 156.1-71.35
05 Products of animal origin, not elsewhere specified or included 31.6 0.26 173.4-81.78
07 Edible vegetables and certain roots and tubers 44.1 0.36 28.455.04
08 Edible fruit and nuts; peel of citrus fruit or melons 446.6 3.64 575.4-22.38
09 Coffee, tea, maté and spices 11.9 0.10 0.0
10 Cereals 25.1 0.20 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 76.8 0.63 4.21,743.44
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 0.0 0.00 10.5-100.00
13 Lac; gums, resins and other vegetable saps and extracts 3.8 0.03 14.3-73.72
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 3.3 0.03 3.6-9.45
17 Sugars and sugar confectionery 51.1 0.42 3.51,349.79
19 Preparations of cereals, flour, starch or milk; bakers’ wares 5.3 0.04 45.5-88.26
20 Preparations of vegetables, fruit, nuts or other parts of plants 13.8 0.11 0.0
21 Miscellaneous edible preparations 414.0 3.37 116.0256.97
22 Beverages, spirits and vinegar 276.6 2.25 725.4-61.87
23 Residues and waste from the food industries; prepared animal feed 98.4 0.80 101.3-2.90
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 15.1 0.12 26.6-43.48
26 Ores, slag and ash 0.0 0.00 121.0-100.00
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 32.6 0.27 28.315.02
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 16.3 0.13 57.2-71.56
29 Organic chemicals 59.6 0.49 76.0-21.54
30 Pharmaceutical products 216.8 1.77 99.2118.47
31 Fertilizers 0.0 0.00 7.4-100.00
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 14.9 0.12 4.6225.20
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 390.3 3.18 400.5-2.54
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 52.0 0.42 324.7-83.98
35 Albuminoidal substances; modified starches; glues; enzymes 16.3 0.13 0.0
38 Miscellaneous chemical products 477.9 3.89 207.7130.07
39 Plastics and articles thereof 242.6 1.98 90.8167.09
40 Rubber and articles thereof 30.6 0.25 14.8106.96
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 17.9 0.15 13.036.85
44 Wood and articles of wood; wood charcoal 372.7 3.04 292.227.53
47 Pulp of wood or of other fibrous cellulosic material; waste and scrap of paper or paperboard 0.0 0.00 100.0-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 86.1 0.70 471.7-81.75
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 16.2 0.13 36.2-55.19
52 Cotton 0.0 0.00 9.5-100.00
55 Man-made staple fibers 14.7 0.12 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 8.6 0.07 5.071.17
61 Articles of apparel and clothing accessories, knitted or crocheted 62.7 0.51 66.4-5.60
62 Articles of apparel and clothing accessories, not knitted or crocheted 66.5 0.54 74.6-10.86
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 26.4 0.22 9.1191.00
64 Footwear, gaiters and the like; parts of such articles 24.9 0.20 296.2-91.61
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 12.1 0.10 3.1285.75
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 129.2 1.05 175.4-26.37
69 Ceramic products 8.0 0.07 0.0
70 Glass and glassware 15.6 0.13 35.4-55.88
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 12.0 0.10 221.9-94.59
72 Iron and steel 0.0 0.00 19.8-100.00
73 Articles of iron or steel 331.1 2.70 114.0190.48
76 Aluminum and articles thereof 96.5 0.79 34.0183.69
80 Tin and articles thereof 0.0 0.00 3.5-100.00
81 Other base metals; cermets; articles thereof 22.0 0.18 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 118.2 0.96 72.263.75
83 Miscellaneous articles of base metal 10.2 0.08 3.8170.50
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,037.5 16.60 2,854.1-28.61
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 1,858.8 15.14 2,577.4-27.88
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 0.00 666.7-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 340.5 2.77 127.7166.55
88 Aircraft, spacecraft, and parts thereof 244.9 2.00 15,282.4-98.40
89 Ships, boats and floating structures 62.3 0.51 1,421.8-95.62
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 1,800.1 14.66 2,579.6-30.22
91 Clocks and watches and parts thereof 52.5 0.43 5.0947.32
92 Musical instruments; parts and accessories of such articles 31.2 0.25 16.786.15
93 Arms and ammunition; parts and accessories thereof 11.7 0.10 0.0
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 174.6 1.42 72.4141.06
95 Toys, games and sports requisites; parts and accessories thereof 207.1 1.69 168.622.86
96 Miscellaneous manufactured articles 0.0 0.00 32.6-100.00
97 Works of art, collectors’ pieces and antiques 345.6 2.82 74.4364.28
99 Commodities not specified according to kind 544.4 4.44 769.2-29.22

US Imports from Cyprus

The major share of US imports from Cyprus in the 3rd quarter of 2017 (and in the 3rd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 58.40% of US total imports from Cyprus (52.26% in the 3rd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 19.66% of US total imports from Cyprus (21.91% in the 3rd quarter of 2016);
  • Chemical products (HS codes 28-40) - 8.76% of US total imports from Cyprus (9.33% in the 3rd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 2.58% of US total imports from Cyprus (2.98% in the 3rd quarter of 2016);
  • Mineral products (HS codes 25-27) - 1.70% of US total imports from Cyprus (2.51% in the 3rd quarter of 2016).

The largest gains in US imports from Cyprus in the 3rd quarter of 2017 over the 3rd 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) - an increase of $585.4 thousand;
  • Toys, games and sports requisites; parts and accessories thereof (HS code 95) - an increase of $408.2 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $282.4 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - an increase of $127.5 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 $103.1 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - an increase of $102.9 thousand;
  • Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes (HS code 15) - an increase of $94.5 thousand;
  • Lac; gums, resins and other vegetable saps and extracts (HS code 13) - an increase of $92.4 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $82.5 thousand;
  • Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal (HS code 82) - an increase of $51.3 thousand.

The largest declines in US imports from Cyprus in the 3rd quarter of 2017 over the 3rd quarter of 2016 were recorded for the following product groups:

  • Beverages, spirits and vinegar (HS code 22) - a decrease of $1,239.2 thousand;
  • Commodities not specified according to kind (HS code 99) - a decrease of $900.6 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $203.3 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $178.7 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - a decrease of $155.9 thousand;
  • Salt; sulfur; earths and stone; plastering materials, lime and cement (HS code 25) - a decrease of $142.5 thousand;
  • Pharmaceutical products (HS code 30) - a decrease of $74.2 thousand;
  • Live animals (HS code 01) - a decrease of $73.4 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) - a decrease of $47.5 thousand.
US imports from Cyprus in the 3rd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q3 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q3 2016
(USD thousand)
Change
in Q3 2017
over Q3 2016
(%)
01 Live animals 0.0 0.00 73.4-100.00
03 Fish and crustaceans, molluscs and other aquatic invertebrates 484.1 3.36 356.735.74
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 1,358.3 9.44 1,255.48.19
09 Coffee, tea, maté and spices 42.6 0.30 14.8187.27
13 Lac; gums, resins and other vegetable saps and extracts 92.4 0.64 0.0
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 94.5 0.66 0.0
18 Cocoa and cocoa preparations 21.2 0.15 4.0430.15
19 Preparations of cereals, flour, starch or milk; bakers’ wares 150.5 1.05 142.75.47
20 Preparations of vegetables, fruit, nuts or other parts of plants 326.5 2.27 44.2639.08
21 Miscellaneous edible preparations 120.5 0.84 81.847.31
22 Beverages, spirits and vinegar 138.2 0.96 1,377.4-89.97
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 241.0 1.67 383.5-37.16
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 4.0 0.03 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 103.1 0.72 0.0
29 Organic chemicals 0.0 0.00 16.0-100.00
30 Pharmaceutical products 5.5 0.04 79.7-93.10
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5.7 0.04 24.1-76.37
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 1,059.6 7.36 1,262.8-16.10
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 2.9 0.02 4.2-30.21
37 Photographic or cinematographic goods 40.7 0.28 0.0
38 Miscellaneous chemical products 7.5 0.05 0.0
39 Plastics and articles thereof 33.7 0.23 39.7-15.11
40 Rubber and articles thereof 0.9 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) 5.6 0.04 12.4-55.13
43 Furskins and artificial fur; manufactures thereof 1.0 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 52.8 0.37 71.8-26.51
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 15.9 0.11 0.0
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.7 0.00 0.0
61 Articles of apparel and clothing accessories, knitted or crocheted 8.1 0.06 2.7206.71
62 Articles of apparel and clothing accessories, not knitted or crocheted 205.2 1.43 122.867.17
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 5.5 0.04 0.0
64 Footwear, gaiters and the like; parts of such articles 151.5 1.05 330.2-54.12
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 28.3 0.20 35.7-20.90
69 Ceramic products 0.0 0.00 34.4-100.00
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 25.5 0.18 4.1518.63
73 Articles of iron or steel 29.5 0.20 3.7701.96
76 Aluminum and articles thereof 21.3 0.15 39.3-45.79
81 Other base metals; cermets; articles thereof 10.2 0.07 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 51.3 0.36 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 433.1 3.01 406.16.64
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 7,741.3 53.81 7,155.98.18
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 47.5-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 3.9 0.03 3.221.81
89 Ships, boats and floating structures 3.2 0.02 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 220.7 1.53 376.6-41.40
91 Clocks and watches and parts thereof 31.0 0.22 2.9959.23
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 18.1 0.13 26.0-30.35
95 Toys, games and sports requisites; parts and accessories thereof 598.0 4.16 189.8215.06
97 Works of art, collectors’ pieces and antiques 71.5 0.50 41.174.00
99 Commodities not specified according to kind 321.3 2.23 1,221.8-73.71
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce