Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Cyprus

Cyprus ranked No. 117 in total trade value through February with a total of $83.7 million. Exports totaled $76.51 million and Imports totaled $7.19 million, a surplus of $69.31 million.

January – February 2019

Top Trading Ports

Total Trade: $83.7 million

RankPortTotal YTD
1Port of Mobile, Ala. $59,337,132
2John F. Kennedy International Airport $5,008,479
3Low-Valued Imports and Exports $3,675,212
4Port of Houston $2,708,809
5Port of Newark $1,905,288
6Los Angeles International Airport $1,645,296
7Cleveland’s Hopkins International Airport, Ohio $1,629,111
8Port of Savannah, Ga. $1,079,688
9Port of New York $807,863
10Port of Oakland, Calif. $704,687

U.S. trade with Cyprus rose to $83.7 million through February

Cyprus’s trade with the United States rose to $83.7 million through the first two months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 240.12 percent above its total trade during the same time period last year. Cyprus’s exports increased 472.82 percent while imports fell 36.09 percent. The U.S. surplus with Cyprus was $69.31 million.

Through February, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Mobile, Ala.; No. 2 John F. Kennedy International Airport; No. 3 Low-Valued Imports and Exports; No. 4 Port of Houston; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Newark No. 2 Wichita Mid-Continent Airport, Kan. No. 3 Port of Philadelphia No. 4 Los Angeles International Airport and No. 5 Port of New York. In the current time period, the top five accounted for 86.78 percent of Cyprus’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Mobile, Ala. totaled $59.34 million.
    Exports totaled $59.34 million. There were no imports.
  • Trade with No. 2 John F. Kennedy International Airport rose 407.34 percent to $5.01 million.
    Exports rose 155.92 percent to $1.5 million. Imports rose 773.94 percent to $3.51 million.
  • Trade with No. 3 Low-Valued Imports and Exports rose 777.83 percent to $3.68 million.
    Exports rose 777.83 percent to $3.68 million. There were no imports.
  • Trade with No. 4 Port of Houston rose 614.59 percent to $2.71 million.
    Exports rose 1256.45 percent to $2.45 million. Imports rose 31.74 percent to $261,725.
  • Trade with No. 5 Port of Newark fell 64.29 percent to $1.91 million.
    Exports rose 31.08 percent to $224,480. Imports fell 67.45 percent to $1.68 million.

Cyprus ranked No. 117 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 154.

Meanwhile, total U.S. trade with the world increased to $650.55 billion, up 1.11 percent compared to the same period last year. The nation’s exports climbed 2.61 percent to $260.05 billion; imports climbed 0.14 percent to $390.5 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $130.45 billion, down compared to the same period of last year when the deficit was $136.53 billion.

The top five U.S. exports to Cyprus by value through February were the categories of Insulated wire, cable; Taps, cocks and valves for pipes, tanks; Misc. iron and steel articles; Misc. engines and motors, parts; and Centrifuges, filters, machines and parts, respectively. They accounted for 71.05 percent of total exports to Cyprus.

The value of the top five categories of U.S. imports from Cyprus –– Value added to a returned import; Cheese and curd; Electrical resistors, except heating resistors; Fish, fresh or chilled; and Salvage –– accounted for 80.21 percent of all inbound shipments.

Looking more closely at U.S. exports to Cyprus:

  • Insulated wire, cable totaled $22.54 million. The previous year, there were no exports in this category.
  • Taps, cocks and valves for pipes, tanks rose 20688 percent compared to last year to $15.13 million.
  • Misc. iron and steel articles totaled $7.01 million. The previous year, there were no exports in this category.
  • Misc. engines and motors, parts totaled $5.55 million. The previous year, there were no exports in this category.
  • Centrifuges, filters, machines and parts rose 106863 percent compared to last year to $4.12 million.

Looking more closely at U.S. imports from Cyprus:

  • Value added to a returned import rose 472.58 percent compared to last year to $3.6 million.
  • Cheese and curd rose 34.71 percent compared to last year to $1.25 million.
  • Electrical resistors, except heating resistors fell 93.04 percent compared to last year to $393,600.
  • Fish, fresh or chilled rose 21.13 percent compared to last year to $361,636.
  • Salvage rose 22.28 percent compared to last year to $162,224.

In the latest annual figures available, Cyprus recorded $127.17 million in trade with the United States. At year’s end, its were New York City; Cleveland; Houston; New Orleans; and Los Angeles. Total U.S. exports to Cyprus were $ 79.72 million and imports from Cyprus were $47.44 million. The U.S. surplus with Cyprus was $32.28 million.