|

 
Cyprus: Trade Profile
October 2010

Cyprus

                         

BASIC INDICATORS











Population (thousands, 2009)
  871
Rank in world trade, 2009 Exports Imports

GDP (million current US$, 2008)
 24 910
Merchandise 

134 94

GDP (million current PPP US$, 2008)
 23 975
excluding intra-EU trade - -

Current account balance (million US$, 2009) - 1 915
Commercial services
50 68

Trade per capita (US$, 2007-2009)
 28 957
excluding intra-EU trade - -

Trade to GDP ratio (2006-2008)
  105.8















Annual percentage change






2008  
2000-2008 2007 2008

Real GDP (2000=100)
  132
4 4 4

Exports of goods and services (volume, 2000=100)   124
3 7 1

Imports of goods and services (volume, 2000=100)   154
6 13 10

                         
















TRADE POLICY












WTO accession 30 July 1995
Contribution to WTO budget (%, 2010) 0.066

Trade Policy Review 6, 8 April 2009
Import duties collected



GPA accession  1 May 2004
in total tax revenue

...

Tariffs and duty free imports


to total imports

...

Tariff binding coverage (%) 
  100
Number of notifications to WTO and measures in force 

MFN tariffs

Final bound Applied 2009
Outstanding notifications in WTO Central Registry   26

Simple average of import duties


Goods RTAs - services EIAs notified to WTO 30 - 9

All goods

  5.2   5.3
Anti-dumping (30 June 2009)
144

Agricultural goods (AOA)   13.5   13.5
Countervailing duties (30 June 2009) 10

Non-agricultural goods   3.9   4.0
Safeguards (19 October 2009)
  0

Non ad-valorem duties (% total tariff lines)   4.8   4.6
Number of disputes (complainant - defendant) 

MFN duty free imports (%, 2008)


Requests for consultation 82 - 70

in agricultural goods (AOA)   41.3
Original panel / Appellate Body (AB) reports 33 - 27

in non-agricultural goods   54.8
Compliance panel / AB reports (Article 21.5 DSU) 4 - 4

Services sectors with GATS commitments   25
Arbitration awards (Article 22.6 DSU) 4 - 3

                         
















MERCHANDISE TRADE 

Value
Annual percentage change









2009  
2000-2009 2008 2009
Merchandise exports, f.o.b. (million US$)  1 248
3 17 -24

Merchandise imports, c.i.f. (million US$)  7 782
8 24 -27























2009  




2009
Share in world total exports    0.01
Share in world total imports  0.06

Breakdown in economy's total exports

Breakdown in economy's total imports


  By main commodity group (ITS)

  By main commodity group (ITS)


Agricultural products

  21.5
Agricultural products

15.8

Fuels and mining products
  21.4
Fuels and mining products
18.6

Manufactures


  56.1
Manufactures


65.3

  By main destination

  By main origin


1. European Union (27)

  51.9
1. European Union (27)

  71.8

2. Lebanon



  3.4
2. Israel


  6.8

3. Egypt



  2.6
3. China


  5.5

4. Syrian Arab Republic

  1.9
4. Japan


  1.9

5. United Arab Emirates

  1.8
5. United States

  1.6

    Unspecified destinations     14.0       Unspecified origins     0.1
















COMMERCIAL SERVICES TRADE 
Value
Annual percentage change









2009  
2000-2009   2008 2009
Commercial services exports (million US$)  9 677  
11 42 -18

Commercial services imports (million US$)  3 994  
11 34 -18






















2009  




2009
Share in world total exports   0.29  
Share in world total imports 0.13
















Breakdown in economy's total exports

Breakdown in economy's total imports


  By principal services item

  By principal services item



Transportation
  23.4  
Transportation
32.1

Travel
  22.6  
Travel
31.9

Other commercial services
  54.0  
Other commercial services
36.0

                         
















INDUSTRIAL PROPERTY 









Patent grants by patent office, 2008
Trademark registrations by office, 2008

Residents Non-residents  Total 
Direct residents Direct non-residents Madrid  Total 

  9   27   36
  317  2 197  1 214  3 728

                         

 Source WTO























Copyright�  2009 Outsource Trade Group - Terms Of Use - Privacy Statement

Site design and developed by Best visualization