Largest market shown
Chemical products, mixtures and preparations: n.e.c. heading 3824
$513.2M of latest reported imports and $952.7M of calculated three-year opportunity.
Importer opportunity guide
Cyprus import opportunities
where to source next
Explore Cyprus's import market by product, supplier concentration, demand growth, and sourcing gaps. Use reported market size and calculated indicators to decide where deeper supplier research may be useful.
Latest imports$15.2B2024 reported value
Import CAGR+8.2%Three-year reported change
GDP$37.6BLatest reported value
GDP per capita$38.7KLatest reported value
Trade openness74.3%Reported share of GDP
Cyprus import opportunities
What makes this an attractive import market?
Compare market size and growth with supplier concentration. A large market may still need product, quality, tariff, logistics, and buyer validation.
Current import base
$15.2B in imports
Cyprus recorded $15.2B in imports in 2024, with a three-year change of +8.2%.
How to use the guide
Compare demand with supply
Start with the highest-value products, then review supplier concentration and market conditions before choosing a sourcing route.
Import market overview
Find products where demand and sourcing options meet
This page separates reported import observations from calculated indicators so market size is not mistaken for a guaranteed sourcing opportunity.
Cyprus imports products from suppliers across major trade regions. The current profile reports $15.2B of imports in 2024, while the opportunity view highlights product and supplier combinations where market demand and supply context may justify further research.
Use the opportunity table to compare product market size, demand growth, supplier counts, concentration, and projected imports. High concentration can indicate reliance on a small supplier base; it can also reflect specialized products that require careful validation.
Top import opportunities
Products and supplier context to review
The top 50 screened products are ranked by calculated three-year opportunity. Reported market values and calculated indicators are labeled separately.
| Rank | Product | Market size | Demand growth | Suppliers | Concentration | Top supplier | Projected imports |
|---|---|---|---|---|---|---|---|
| 1 | HS 382499Chemical products, mixtures and preparations: n.e.c. heading 3824 | $513.2MLatest imports | +47.7% | 48 | 9037 | ISRSlowing | $1.0B |
| 2 | HS 271019Product description unavailable | $1.5BLatest imports | +7.3% | 57 | 2508 | TURDeclining | $1.9B |
| 3 | HS 271012Product description unavailable | $936.3MLatest imports | +8.4% | 56 | 2503 | TURDeclining | $1.2B |
| 4 | HS 270799Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707 | $252.1MLatest imports | +16.1% | 5 | 8800 | ESPDeclining | $394.5M |
| 5 | HS 890520Floating or submersible drilling or production platforms | $126.7MLatest imports | +25.9% | 1 | 10000 | CHNDeclining | $247.4M |
| 6 | HS 271020Product description unavailable | $183.2MLatest imports | +10.7% | 12 | 9531 | GRCDeclining | $248.4M |
| 7 | HS 890120Tankers | $384.6MLatest imports | +6.7% | 7 | 3594 | BMUDeclining | $467.6M |
| 8 | HS 999999Commodities not specified according to kind | $184.8MLatest imports | +4.0% | 7 | 8796 | SGPDeclining | $207.8M |
| 9 | HS 880240Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg | $144.9MLatest imports | +15.9% | 5 | 6988 | USADeclining | $225.7M |
| 10 | HS 870340Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $220.3MLatest imports | +35.1% | 24 | 2272 | JPNDeclining | $430.2M |
| 11 | HS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $412.1MLatest imports | +8.6% | 61 | 1672 | GRCDeclining | $527.9M |
| 12 | HS 851712Telephones for cellular networks or for other wireless networks | $205.6MLatest imports | +9.8% | 67 | 4061 | GRCDeclining | $271.9M |
| 13 | HS 890392Motorboats: (other than outboard motorboats), for pleasure or sports, other than inflatable | $153.6MLatest imports | +14.8% | 30 | 2972 | ITADeclining | $232.4M |
| 14 | HS 721420Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $206.4MLatest imports | +7.8% | 10 | 2409 | ITADeclining | $258.4M |
| 15 | HS 870322Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $162.4MLatest imports | +3.0% | 38 | 3095 | JPNDeclining | $177.6M |
| 16 | HS 270750Aromatic hydrocarbon mixtures: n.e.c. in heading no. 2707, of which 65% or more by volume (including losses) distils at 250 degrees Celsius by the ISO 3405 method (equivalent to the ASTM D 86 method) | $92.1MLatest imports | +36.2% | 55 | 3753 | LBYDeclining | $180.0M |
| 17 | HS 870323Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $174.1MLatest imports | +3.1% | 43 | 2781 | JPNDeclining | $190.6M |
| 18 | HS 890190Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods | $258.6MLatest imports | -2.3% | 22 | 1657 | CHNDeclining | $240.9M |
| 19 | HS 230400Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil | $68.8MLatest imports | +5.5% | 9 | 7901 | ARGDeclining | $80.7M |
| 20 | HS 950300Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds | $75.0MLatest imports | +6.1% | 84 | 5877 | GRCStable | $89.6M |
| 21 | HS 100590Cereals: maize (corn), other than seed | $64.5MLatest imports | +4.2% | 19 | 8088 | UKRDeclining | $73.0M |
| 22 | HS 260300Copper ores and concentrates | $32.5MLatest imports | +24.5% | 5 | 10000 | ESPDeclining | $62.7M |
| 23 | HS 330210Odoriferous substances and mixtures: of a kind used in the food or drink industries | $44.6MLatest imports | +10.8% | 33 | 8847 | IRLDeclining | $60.8M |
| 24 | HS 841182Turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kW | $33.6MLatest imports | +16.8% | 1 | 10000 | SWESlowing | $53.6M |
| 25 | HS 300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $88.0MLatest imports | +16.9% | 26 | 2171 | GRCSlowing | $140.7M |
| 26 | HS 870324Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000cc | $79.1MLatest imports | +8.7% | 32 | 2764 | GBRDeclining | $101.6M |
| 27 | HS 841510Air conditioning machines: comprising a motor-driven fan and elements for changing the temperature and humidity, window or wall types, self-contained or split-system | $66.9MLatest imports | +7.7% | 28 | 3520 | CHNDeclining | $83.7M |
| 28 | HS 220210Waters: including mineral and aerated, containing added sugar or other sweetening matter or flavoured | $76.1MLatest imports | +11.8% | 68 | 2009 | GRCDeclining | $106.5M |
| 29 | HS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display | $68.4MLatest imports | +8.5% | 75 | 2377 | GRCDeclining | $87.2M |
| 30 | HS 040690Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 | $64.9MLatest imports | +7.2% | 31 | 2620 | GRCDeclining | $80.0M |
| 31 | HS 271320Petroleum bitumen: obtained from bituminous minerals | $31.4MLatest imports | +9.8% | 5 | 7677 | GRCStable | $41.6M |
| 32 | HS 330499Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $76.4MLatest imports | +8.3% | 95 | 1641 | GRCDeclining | $97.1M |
| 33 | HS 340220Washing and cleaning preparations: surface-active, whether or not containing soap (excluding those of heading no. 3401), put up for retail sale | $40.9MLatest imports | +9.7% | 41 | 4286 | GRCStable | $54.0M |
| 34 | HS 690721Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5% | $66.6MLatest imports | +5.1% | 30 | 3171 | ESPDeclining | $77.4M |
| 35 | HS 870380Vehicles: with only electric motor for propulsion | $55.5MLatest imports | +49.8% | 25 | 1897 | DEUGrowing | $108.3M |
| 36 | HS 730890Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $54.2MLatest imports | +7.1% | 45 | 3011 | GRCDeclining | $66.5M |
| 37 | HS 020714Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen | $40.0MLatest imports | +9.4% | 28 | 4068 | NLDDeclining | $52.3M |
| 38 | HS 240210Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto | $34.1MLatest imports | +8.1% | 27 | 5666 | CUBDeclining | $43.0M |
| 39 | HS 310530Fertilizers, mineral or chemical: diammonium hydrogenorthophosphate (diammonium phosphate) | $21.0MLatest imports | +15.1% | 8 | 9906 | EGYDeclining | $32.1M |
| 40 | HS 293729Steroidal hormones, their derivatives and structural analogues: other than cortisone, hydrocortisone, prednisone (dehydrocortisone), prednisolone (dehydrohydrocortisone), halogenated derivatives of corticosteroidal hormones, oestrogen and progestogens | $16.4MLatest imports | +32.9% | 6 | 9753 | CHNDeclining | $32.1M |
| 41 | HS 870360Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power | $35.5MLatest imports | +49.6% | 15 | 2576 | DEUGrowing | $69.3M |
| 42 | HS 850213Electric generating sets: with compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of an output exceeding 375kVA | $25.6MLatest imports | +10.5% | 12 | 7529 | TURAccelerating | $34.5M |
| 43 | HS 210690Food preparations: n.e.s. in item no. 2106.10 | $88.9MLatest imports | +7.1% | 74 | 1119 | GRCDeclining | $109.3M |
| 44 | HS 290919Ethers: acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, other than diethyl ether | $34.1MLatest imports | +21.2% | 41 | 3068 | CHNGrowing | $60.7M |
| 45 | HS 852872Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screen | $30.9MLatest imports | +8.2% | 41 | 5836 | GRCDeclining | $39.0M |
| 46 | HS 230990Dog or cat food: (not put up for retail sale), used in animal feeding | $53.5MLatest imports | +6.8% | 35 | 2465 | GRCDeclining | $65.1M |
| 47 | HS 190590Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $58.0MLatest imports | +10.6% | 67 | 1687 | GRCDeclining | $78.5M |
| 48 | HS 848790Machinery parts: not containing electrical connectors, insulators, coils, contacts or other electrical features, n.e.c. in chapter 84 | $24.1MLatest imports | +10.9% | 45 | 7530 | CHNDeclining | $32.9M |
| 49 | HS 100390Cereals: barley, other than seed | $42.3MLatest imports | +2.5% | 12 | 4295 | UKRDeclining | $45.6M |
| 50 | HS 271119Petroleum gases and other gaseous hydrocarbons: liquefied, n.e.c. in heading no. 2711 | $21.2MLatest imports | +8.0% | 10 | 9353 | TURDeclining | $26.7M |
Showing the five highest-ranked products on mobile. View the complete import opportunity data.
Product sectors
Which sectors carry the most demand?
HS2 sectors group the screened products into broader families for an easier first comparison.
| Sector | Products | Market size | Opportunity | Average growth |
|---|---|---|---|---|
| HS2 sector 00HS2 00 | 3 | $2.7B | $1.4B | +8.8% |
| Chemical productsHS2 38 | 1 | $513.2M | $952.7M | +47.7% |
| ShipsHS2 89 | 4 | $923.5M | $625.8M | +11.3% |
| Mineral fuelsHS2 27 | 4 | $396.8M | $519.3M | +17.5% |
| VehiclesHS2 87 | 6 | $726.8M | $458.8M | +24.9% |
| Pharmaceutical productsHS2 30 | 2 | $500.1M | $227.2M | +12.8% |
| Electrical equipmentHS2 85 | 3 | $262.1M | $225.9M | +9.5% |
| HS2 sector 99HS2 99 | 1 | $184.8M | $194.4M | +4.0% |
| AircraftHS2 88 | 1 | $144.9M | $184.0M | +15.9% |
| MachineryHS2 84 | 4 | $193.0M | $161.4M | +11.0% |
| Food industry residuesHS2 23 | 2 | $122.2M | $100.3M | +6.1% |
| CerealsHS2 10 | 2 | $106.8M | $92.0M | +3.4% |
Supply gaps
Where supplier concentration deserves attention
The concentration index helps identify products where reported imports rely more heavily on a smaller supplier base. It is a screening signal, not a recommendation by itself.
| Product | Market size | Suppliers | Concentration | Top supplier | Share gap |
|---|---|---|---|---|---|
| HS 890520Floating or submersible drilling or production platforms | $126.7M | 1 | 10000 | CHN | 99.0% |
| HS 841182Turbines: gas-turbines (excluding turbo-jets and turbo-propellers), of a power exceeding 5000kW | $33.6M | 1 | 10000 | SWE | 99.8% |
| HS 260300Copper ores and concentrates | $32.5M | 5 | 10000 | ESP | 100.0% |
| HS 310530Fertilizers, mineral or chemical: diammonium hydrogenorthophosphate (diammonium phosphate) | $21.0M | 8 | 9906 | EGY | 99.5% |
| HS 293729Steroidal hormones, their derivatives and structural analogues: other than cortisone, hydrocortisone, prednisone (dehydrocortisone), prednisolone (dehydrohydrocortisone), halogenated derivatives of corticosteroidal hormones, oestrogen and progestogens | $16.4M | 6 | 9753 | CHN | 98.8% |
| HS 271020Product description unavailable | $183.2M | 12 | 9531 | GRC | 97.6% |
| HS 271119Petroleum gases and other gaseous hydrocarbons: liquefied, n.e.c. in heading no. 2711 | $21.2M | 10 | 9353 | TUR | 96.7% |
| HS 382499Chemical products, mixtures and preparations: n.e.c. heading 3824 | $513.2M | 48 | 9037 | ISR | 95.0% |
Supplier landscape
Which supplier markets appear most often?
These supplier names come from the leading peer signal in the screened opportunity rows and should be validated at product level.
TUR
Turkey
4 screened products
$1.2BCalculated opportunity across these rowsGRC
Greece
16 screened products
$1.1BCalculated opportunity across these rowsISR
Israel
1 screened products
$952.7MCalculated opportunity across these rowsESP
Spain
3 screened products
$465.5MCalculated opportunity across these rowsCHN
China
6 screened products
$454.2MCalculated opportunity across these rowsJPN
Japan
3 screened products
$352.4MCalculated opportunity across these rowsBMU
Bermuda
1 screened products
$209.9MCalculated opportunity across these rowsSGP
Singapore
1 screened products
$194.4MCalculated opportunity across these rowsFrequently asked questions
Using the Cyprus import opportunity index
Definitions and practical guidance for interpreting market size, growth, suppliers, and concentration.
What are the import opportunities?
They are product and supplier combinations in Cyprus's screened import market with substantial reported demand and calculated opportunity indicators. They are research priorities, not guaranteed savings or supply contracts.
What does supplier concentration mean?
The concentration index indicates how much reported imports rely on a smaller supplier base. A high value can suggest supply dependence, but it can also reflect specialized products or limited reporting.
How should sourcing teams use this page?
Start with products that fit your specification and volume needs, then validate suppliers, tariffs, standards, logistics, pricing, and continuity for Cyprus.
Data source
OECD trade statistics with CEPII context
OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.