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Cyprus: Merchandise imports (current US$)

In , Cyprus's Merchandise imports (current US$) was $13.33 billion.

That's down 5.7% from 2023, the highest value since .

The global average for this indicator in 2024 was $119.47 billion . Cyprus ranks #101 globally out of 204 reporting countries. Within Europe & Central Asia, it ranks #40 of 51.

Source: World Bank Open Data (TM.VAL.MRCH.CD.WT) • Data as of 2024

Trend (2005–2024)

Cyprus Merchandise imports (current US$) trend 2008: Global financial crisis 2020: COVID-19 pandemic 2014: Oil price collapse 2022: Russia–Ukraine war begins
  • 2008 · Global financial crisis
  • 2020 · COVID-19 pandemic
  • 2014 · Oil price collapse
  • 2022 · Russia–Ukraine war begins

Highlights

Peak
$14.14B
Trough
$6.31B
1-year change
-5.7%
5-year change
+46.0%
+7.9% / yr
10-year change
+66.6%
+5.2% / yr

Historical Data — Last 10 Years

Year Merchandise imports (current US$)
13.325B
14.135B
12.213B
10.397B
8.761B
9.127B
10.815B
9.231B
7.830B
7.023B

About Merchandise imports (current US$)

Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.

Indicator code: TM.VAL.MRCH.CD.WTCategory: Trade & Finance

Frequently asked questions

What was Cyprus's Merchandise imports (current US$) in 2024?
In 2024, Cyprus's Merchandise imports (current US$) was $13.33 billion, according to World Bank Open Data.
Is Cyprus's Merchandise imports (current US$) rising or falling?
Cyprus's Merchandise imports (current US$) fell 5.7% from 2023 to 2024.
How does Cyprus rank globally on Merchandise imports (current US$)?
In 2024, Cyprus ranked #101 out of 204 countries reporting Merchandise imports (current US$).
How does Cyprus's Merchandise imports (current US$) compare to the world average?
The global average for Merchandise imports (current US$) in 2024 was $119.47 billion, so Cyprus is below the world average. Within Europe & Central Asia, it ranks #40 of 51.
What is Merchandise imports (current US$) and how is it measured?
Merchandise imports includes goods whose economic ownership is changed from a non-resident to a resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.
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Source: World Bank Open Data (TM.VAL.MRCH.CD.WT), CC BY 4.0.