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Trade between China and Cyprus

In 2024, China exported $1.2 billion to Cyprus and imported $35 million. China ran a surplus of $1.2 billion with Cyprus, compared with a surplus of $514 million in 2019. Cyprus was China’s 139th largest trading partner (0% of its trade), and China was Cyprus’ 2nd (6%).

Summary

China → Cyprus
$1.2billion
Cyprus → China
$35million
China’s balance
$1.2billion

Balance

China’s trade balance with Cyprus

Trade between China and Cyprus grew 15.6-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.2
  • Imports 0
  • Balance +1.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$76 million$3 million$73 million
1996$80 million$6 million$74 million
1997$72 million$1 million$70 million
1998$119 million$608 thousand$118 million
1999$148 million$621 thousand$148 million
2000$206 million$929 thousand$206 million
2001$175 million$2 million$173 million
2002$292 million$1 million$291 million
2003$302 million$2 million$300 million
2004$259 million$3 million$256 million
2005$333 million$11 million$322 million
2006$403 million$12 million$390 million
2007$812 million$16 million$796 million
2008$1.3 billion$19 million$1.3 billion
2009$1.3 billion$29 million$1.2 billion
2010$1.4 billion$31 million$1.3 billion
2011$1.1 billion$46 million$1 billion
2012$1 billion$135 million$873 million
2013$833 million$71 million$763 million
2014$1 billion$87 million$931 million
2015$399 million$85 million$314 million
2016$625 million$87 million$538 million
2017$678 million$96 million$583 million
2018$589 million$75 million$514 million
2019$562 million$48 million$514 million
2020$886 million$102 million$784 million
2021$780 million$66 million$714 million
2022$1.3 billion$34 million$1.3 billion
2023$911 million$36 million$875 million
2024$1.2 billion$35 million$1.2 billion

What they sell each other

What China sells to Cyprus

The top 10 headings in 2024, with their share of the total.

  1. Cargo and cruise ships$311 million · 25.9%
    11 thousand tonnes · China’s destinations
  2. Dredgers and floating cranes$143 million · 11.9%
    5 thousand tonnes
  3. Ethers and organic peroxides$58 million · 4.9%
    55 thousand tonnes
  4. Air conditioners$38 million · 3.2%
    6 thousand tonnes · China’s destinations
  5. New tires$20 million · 1.7%
    6 thousand tonnes · China’s destinations
  6. Computers$19 million · 1.6%
    109 tonnes · China’s destinations
  7. Furniture$19 million · 1.6%
    5 thousand tonnes · China’s destinations
  8. Seats and chairs$19 million · 1.6%
    3 thousand tonnes
  9. Cables and wire$18 million · 1.5%
    3 thousand tonnes · China’s destinations
  10. Hormones$17 million · 1.4%
    14 tonnes

What Cyprus sells to China

The top 10 headings in 2024, with their share of the total.

  1. Fruit and vegetable juices$9 million · 24.5%
    16 thousand tonnes
  2. Copper scrap$5 million · 15.3%
    661 tonnes
  3. Sprayers and fire extinguishers$5 million · 15%
    98 tonnes
  4. Yachts and pleasure boats$4 million · 11.6%
    30 tonnes
  5. Medical and dental instruments$3 million · 8.1%
    1 tonne · China’s sources
  6. Medicines in measured doses or retail packs$2 million · 6.6%
    14 tonnes · China’s sources
  7. Soft drinks$979 thousand · 2.8%
    1 thousand tonnes
  8. Warships and other vessels$886 thousand · 2.5%
  9. Parts for switchgear$529 thousand · 1.5%
    16 tonnes
  10. Other plastic articles$421 thousand · 1.2%
    3 tonnes

How it travels

Estimated sea route from Shanghai to Limassol.

The estimated sea route between Shanghai and Limassol is 15,014 nautical miles (27,806 km) long: ≈ 35–44.5 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Strait of Malacca and Singapore, the Cape of Good Hope and the Strait of Gibraltar (15,014 nautical miles); and 15% via the Strait of Malacca and Singapore, the Bab-el-Mandeb Strait and the Suez Canal (7,549 nautical miles).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.1 billion · 91.4%
  2. Air$106 million · 8.6%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Cyprus was China’s 139th largest trading partner (0% of its trade), and China was Cyprus’ 2nd (6%).

Cyprus in China’s trade
0%
Cyprus’ rank among China’s partners
139th
China in Cyprus’ trade
6.3%
China’s rank among Cyprus’ partners
2nd

Compare with

Other partners of China

Other partners of Cyprus

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.