Summary
- Largest supplier: Greece
- 22.1%
- Concentration (HHI)
- 804
- Products with a supplier above 50%
- 149
- Products with a supplier above 75%
- 50
Concentration index (HHI): 804 out of 10,000; equivalent to splitting purchases among 12 suppliers of the same size
Trend
Trend in shares
Greece went from 6.2% to 22.1% of what Cyprus buys
Share (%)
- Greece 22.1%
- China 8.5%
- Turkey 7.5%
- Italy 7.3%
- Germany 5.6%
Source: CEPII BACI
Show the numbers
| Year | Largest supplier | Share |
|---|---|---|
| 1995 | Germany | 10.8% |
| 1996 | United States | 14% |
| 1997 | United States | 14.8% |
| 1998 | South Korea | 9% |
| 1999 | Japan | 8.9% |
| 2000 | Russia | 18.6% |
| 2001 | Russia | 14.6% |
| 2002 | South Korea | 9.1% |
| 2003 | Russia | 20.9% |
| 2004 | South Korea | 11.9% |
| 2005 | Russia | 23.6% |
| 2006 | Russia | 16.9% |
| 2007 | Russia | 14.7% |
| 2008 | Greece | 10.1% |
| 2009 | Greece | 12.2% |
| 2010 | Greece | 12.4% |
| 2011 | Greece | 13.2% |
| 2012 | Greece | 13.3% |
| 2013 | Greece | 13.6% |
| 2014 | Greece | 14.5% |
| 2015 | Greece | 16.2% |
| 2016 | Greece | 15.4% |
| 2017 | Greece | 15.5% |
| 2018 | Greece | 14% |
| 2019 | Greece | 16.3% |
| 2020 | Greece | 18.5% |
| 2021 | Greece | 21.2% |
| 2022 | Greece | 20% |
| 2023 | Greece | 20% |
| 2024 | Greece | 22.1% |
Its suppliers
Some of these goods may have been produced in another country: countries record origin in different ways.
Products with a dominant supplier
Of the 625 products Cyprus buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.
| Product | Supplier | Share | Second | Value |
|---|---|---|---|---|
| Coal tar oils | Spain | 61.5% | Turkey · 20.3% | $439 million |
| Cameras and broadcast equipment | Greece | 62.7% | Hong Kong · 13.6% | $225 million |
| Airplanes and helicopters | United States | 76.4%over 75% | Ireland · 18.9% | $219 million |
| Dredgers and floating cranes | China | 94.7%over 75% | United Arab Emirates · 5.2% | $151 million |
| Soybean meal and pellets | Argentina | 74.7% | Turkey · 20.3% | $91 million |
| Ethers and organic peroxides | China | 72.2% | Saudi Arabia · 22.6% | $81 million |
| Detergents and surfactants | Greece | 65.1% | Italy · 7.6% | $62 million |
| Corn | Ukraine | 87.7%over 75% | Moldova · 6.8% | $60 million |
| Industrial fatty acids and oils | Greece | 50.3% | Italy · 9.2% | $58 million |
| Other processed tobacco | Greece | 78.5%over 75% | Poland · 5.2% | $52 million |
| Fragrance mixtures | Ireland | 89.1%over 75% | Greece · 1.7% | $51 million |
| Barley | Ukraine | 54.5% | Moldova · 27.6% | $48 million |
| Toilet paper and tissues | Greece | 57.6% | Bulgaria · 8.1% | $48 million |
| Monitors and projectors | Greece | 67% | China · 8.3% | $45 million |
| Sunflower, safflower and cottonseed oil | Ukraine | 56.4% | Turkey · 22.2% | $40 million |
| Generating sets | Turkey | 80.1%over 75% | Italy · 9.8% | $40 million |
| Instant coffee and tea extracts | Greece | 59.4% | Taiwan · 12.9% | $40 million |
| Unwrought aluminum | United Arab Emirates | 53.3% | Turkey · 17.1% | $38 million |
| Cement | Turkey | 89.8%over 75% | Egypt · 6.5% | $35 million |
| Other plastic sheets | Greece | 60% | Italy · 6.5% | $34 million |
| Women's blouses | Italy | 51.2% | Greece · 25% | $34 million |
| Toys | Greece | 61.9% | China · 16.9% | $33 million |
| Welded steel pipes | Turkey | 56% | Greece · 17.5% | $33 million |
| Copper ore | Spain | 100%over 75% | Australia · 0% | $33 million |
| Worked stone | Greece | 51.9% | Italy · 14.6% | $32 million |
and 124 more
A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.
Some of these goods may have been produced in another country: countries record origin in different ways.
Selling: who it relies on
- Largest customer: Libya
- 15.6%
- Concentration (HHI)
- 587
Concentration index (HHI): 587 out of 10,000; equivalent to splitting sales among 17 customers of the same size
Trend in shares
Libya went from 0.86% to 15.6% of what Cyprus sells
Share (%)
- Libya 15.6%
- Greece 11.2%
- Israel 7.5%
- Lebanon 7.1%
- United Kingdom 6.3%
Source: CEPII BACI
Show the numbers
| Year | Largest customer | Share |
|---|---|---|
| 1995 | United Kingdom | 16% |
| 1996 | Singapore | 16.5% |
| 1997 | Russia | 20.5% |
| 1998 | United Kingdom | 20% |
| 1999 | United Kingdom | 21.5% |
| 2000 | United Kingdom | 17.7% |
| 2001 | United Kingdom | 18.6% |
| 2002 | United Kingdom | 20.9% |
| 2003 | United Kingdom | 17.3% |
| 2004 | United Kingdom | 17% |
| 2005 | United Kingdom | 16.7% |
| 2006 | United Kingdom | 48.6% |
| 2007 | Greece | 21.1% |
| 2008 | Greece | 25.8% |
| 2009 | Greece | 31.3% |
| 2010 | Greece | 19.8% |
| 2011 | Greece | 17.9% |
| 2012 | South Korea | 17.8% |
| 2013 | South Korea | 22.2% |
| 2014 | Greece | 9.4% |
| 2015 | Greece | 7.2% |
| 2016 | Greece | 10.8% |
| 2017 | Greece | 9% |
| 2018 | Cayman Islands | 12.8% |
| 2019 | Greece | 9.1% |
| 2020 | Greece | 9.5% |
| 2021 | Greece | 9.9% |
| 2022 | Greece | 10.6% |
| 2023 | Libya | 13.4% |
| 2024 | Libya | 15.6% |
127 of the 237 products Cyprus sells for more than $1 million have a customer buying more than 50% of what Cyprus sells of that product; in 71, more than 75%. In those products, sales to each one’s dominant customer add up to 31.1% of what Cyprus sells.
| Product | Customer | Share | Second | Value |
|---|---|---|---|---|
| Refined petroleum | Libya | 54.1% | Lebanon · 26.3% | $1.3 billion |
| Fragrance mixtures | Libya | 97.7%over 75% | Croatia · 0.93% | $130 million |
| Cameras and broadcast equipment | Greece | 70% | Israel · 12.7% | $90 million |
| Resistors | United States | 72.7% | Greece · 27.1% | $55 million |
| Fresh fish | Israel | 88.7%over 75% | Greece · 3.5% | $50 million |
| Ferrous scrap | Greece | 51.6% | Turkey · 24.7% | $43 million |
| Meal from other oilseeds | Israel | 99.9%over 75% | Greece · 0.14% | $42 million |
| Dredgers and floating cranes | Israel | 92.3%over 75% | Turkey · 5.8% | $38 million |
| Cement | Israel | 80.6%over 75% | Lebanon · 16.9% | $38 million |
| Microchips | Greece | 79.2%over 75% | Sweden · 6.2% | $36 million |
| Crude petroleum | Netherlands | 100%over 75% | — | $35 million |
| Cables and wire | Greece | 57.5% | Italy · 15.6% | $33 million |
| Tugboats | Sweden | 83.6%over 75% | Singapore · 9.2% | $33 million |
| Coal tar oils | Netherlands | 99.8%over 75% | Denmark · 0.16% | $33 million |
| Warships and other vessels | Russia | 54.5% | Hong Kong · 30.4% | $30 million |
and 112 more
Leaving out trade within the EU
- Largest supplier outside the EU: China
- 20.2%
- Concentration (HHI) · Supplier
- 979
- Largest customer outside the EU: Libya
- 23.8%
- Concentration (HHI) · Customer
- 993
248 of the 412 products Cyprus buys from outside the EU for more than $1 million have a supplier selling more than 50% of what Cyprus buys of that product; in 97, more than 75%. In those products, purchases from each one’s dominant supplier add up to 44.8% of what Cyprus buys from outside the EU.
Concentration compared
The closest countries in the concentration ranking (HHI, highest first).
| Rank | Country | HHI |
|---|---|---|
| 159 | Gambia | 815 |
| 160 | Uganda | 810 |
| 161 | Cyprus | 804 |
| 162 | Hungary | 802 |
| 163 | Saudi Arabia | 798 |
| 164 | Azerbaijan | 798 |
Links
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Natural Earth · Public domain
Methodology
The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.
Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.
The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.
Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.
The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.
Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.