Tariff rate, most favored nation, weighted mean, primary products in Cyprus
Cyprus: Tariff rate, most favored nation, weighted mean, primary products was 1.9% in 2022. ◆ Volatile
Tariff rate, most favored nation, weighted mean, primary products in Cyprus, 1996–2022
Source: Staff estimates. Measured in %.
Analysis
Cyprus recorded 1.9% for tariff rate, most favored nation, weighted mean, primary products in 2022. That is the lowest value across all 26 years on record.
Compared with earlier readings it is down 34.2% on the previous year and down 13.0% over ten years.
Over the whole period, tariff rate, most favored nation, weighted mean, primary products in Cyprus peaked at 38.1% in 1998 and was at its lowest, 1.9%, in 2022.
That places Cyprus 152nd out of 184 countries with data for 2022, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Tariff rate, most favored nation, weighted mean, primary products in Cyprus, year by year
| Year | % | Change |
|---|---|---|
| 1996 | 26.1% | — |
| 1997 | 29.4% | +12.7% |
| 1998 | 38.1% | +29.8% |
| 1999 | 32.8% | -13.9% |
| 2000 | 17.1% | -48.0% |
| 2001 | 22.2% | +30.1% |
| 2002 | 21.0% | -5.5% |
| 2004 | 3.9% | -81.4% |
| 2005 | 3.6% | -8.4% |
| 2006 | 3.1% | -14.5% |
| 2007 | 3.0% | -1.3% |
| 2008 | 2.5% | -17.5% |
| 2009 | 3.0% | +20.5% |
| 2010 | 2.6% | -13.3% |
| 2011 | 2.4% | -6.2% |
| 2012 | 2.1% | -11.9% |
| 2013 | 2.4% | +11.6% |
| 2014 | 2.6% | +7.5% |
| 2015 | 2.6% | +1.2% |
| 2016 | 3.2% | +23.0% |
| 2017 | 3.0% | -5.0% |
| 2018 | 2.6% | -14.1% |
| 2019 | 2.7% | +3.8% |
| 2020 | 2.2% | -19.9% |
| 2021 | 2.8% | +30.3% |
| 2022 | 1.9% | -34.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 31.6% | 26.1% | 38.1% | 4 |
| 2000s | 8.8% | 2.5% | 22.2% | 9 |
| 2010s | 2.6% | 2.1% | 3.2% | 10 |
| 2020s | 2.3% | 1.9% | 2.8% | 3 |
Countries ranked near Cyprus
- 149 Mauritius 2.6% compare
- 150 Timor-Leste 2.5% compare
- 151 United States of America 2.5% compare
- 152 Austria 1.9% compare
- 152 Belgium 1.9% compare
- 152 Bulgaria 1.9% compare
- 152 Croatia 1.9% compare
- 152 Czechia 1.9% compare
- 152 Denmark 1.9% compare
- 152 Estonia 1.9% compare
- 152 Finland 1.9% compare
- 152 France 1.9% compare
- 152 Germany 1.9% compare
- 152 Greece 1.9% compare
- 152 Hungary 1.9% compare
- 152 Ireland 1.9% compare
- 152 Italy 1.9% compare
- 152 Latvia 1.9% compare
- 152 Lithuania 1.9% compare
- 152 Malta 1.9% compare
- 152 Netherlands 1.9% compare
- 152 Poland 1.9% compare
- 152 Portugal 1.9% compare
- 152 Romania 1.9% compare
- 152 Slovakia 1.9% compare
- 152 Slovenia 1.9% compare
- 152 Spain 1.9% compare
- 152 Sweden 1.9% compare
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 15.29 billion current US$ (2025)
- Food exports 22.5% (2024)
- Manufactures exports 22.2% (2024)
- Merchandise exports 6.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1501 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.94 % change on previous year (2025)
Frequently asked questions
- What is tariff rate, most favored nation, weighted mean, primary products in Cyprus?
- Tariff rate, most favored nation, weighted mean, primary products in Cyprus was 1.9% in 2022, according to Staff estimates.
- What is the highest tariff rate, most favored nation, weighted mean, primary products recorded in Cyprus?
- The highest recorded value was 38.1% in 1998.
- What is the lowest tariff rate, most favored nation, weighted mean, primary products recorded in Cyprus?
- The lowest recorded value was 1.9% in 2022.
- How does Cyprus rank for tariff rate, most favored nation, weighted mean, primary products?
- Cyprus ranks 152nd out of 184 countries with data for 2022.
- Is tariff rate, most favored nation, weighted mean, primary products rising or falling in Cyprus?
- Over the last ten years it is down 13.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Staff estimates, published as part of Tariff rate, most favored nation, weighted mean, primary products (%). Statizoid updates them automatically from the source API.
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About this data
Weighted mean most favored nations tariff is the average of most favored nation rates weighted by the product import shares corresponding to each partner country. Data are classified using the Harmonized System of trade at the six- or eight-digit level. Tariff line data were matched to Standard International Trade Classification (SITC) revision 3 codes to define commodity groups and import weights. Import weights were calculated using the United Nations Statistics Division's Commodity Trade (Comtrade) database. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).