October 2011
Cyprus
                         
BASIC INDICATORS
Population (thousands, 2010)  1 104 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2009)  25 039 Merchandise  137 96
GDP (million current PPP US$, 2009)  24 583 excluding intra-EU trade - -
Current account balance (million US$, 2010) - 1 788 Commercial services 47 72
Trade per capita (US$, 2008-2010)  24 505 excluding intra-EU trade - -
Trade to GDP ratio (2007-2009)   104.5
Annual percentage change
2009   2005-2009 2008 2009
Real GDP (2005=100)   112 3 4 -1
Exports of goods and services (volume, 2005=100)  a   113 4 1 ...
Imports of goods and services (volume, 2005=100)  a   132 10 10 ...
                         
TRADE POLICY
WTO accession 30 July 1995 Contribution to WTO budget (%, 2011) 0.069
Trade Policy Review 6, 8 July 2011 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 2010 Outstanding notifications in WTO Central Registry   18
Simple average of import duties Goods RTAs - services EIAs notified to WTO 31 - 10
All goods   5.0   5.1 Anti-dumping (30 June 2010) 149
Agricultural goods (AOA)   12.3   12.8 Countervailing duties (30 June 2010) 8
Non-agricultural goods   3.9   4.0 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   4.8   4.7 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 85 - 70
in agricultural goods (AOA)   41.1 Original panel / Appellate Body (AB) reports 33 - 32
in non-agricultural goods   51.4 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
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  1 412 -1 -23 12
Merchandise imports, c.i.f. (million US$)  8 499 6 -26 8
2010   2010
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   20.3 Agricultural products 15.0
Fuels and mining products   22.8 Fuels and mining products 21.4
Manufactures   55.1 Manufactures 61.7
  By main destination   By main origin
1. European Union (27)   51.1 1. European Union (27)   68.8
2. Lebanon   3.3 2. Israel   7.9
3. Syrian Arab Republic   2.1 3. China   5.3
4. Israel   1.8 4. United States   1.4
5. United Arab Emirates   1.8 5. Switzerland   1.2
    Unspecified destinations     14.3       Unspecified origins     1.5
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  11 365   13 -18 18
Commercial services imports (million US$)  4 079   9 -17 1
2010   2010
Share in world total exports   0.31   Share in world total imports 0.12
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   18.2   Transportation 33.7
Travel   19.3   Travel 28.3
Other commercial services   62.5   Other commercial services 38.0
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2009 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  1   11   12 ... ...   956   956
                         
a  Refers to 2008 and to the average annual percentage change for 2005-2008.