- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Cyprus is India's 9th leading investor
Cyprus offers sophisticated road, air and sea transport solutions and services
With its advanced technical infrastructure and skilled human talent, Cyprus has become a regional quality business and financial centre
A major communications and transport hub, Cyprus is fast developing into an energy hub in the Eastern Mediterranean.
US$ 11,134mn
FDI equity inflow into India from Apr 2000 to March 2021
US$ 214.17 mn
bilateral trade value for 2021-2022
6908
Overseas Indians living in Cyprus
Safety
Cyprus has been ranked the 5th safest country in Value Penguin’s Safest Countries in the World (2015) and Safest Country for young people by the Guardian (2017).
Investment gateway
Ideal investment gateway to the European Union, as well as a portal for investment outside the EU, particularly into the Middle East and China
Tax system
Robust, transparent legal and regulatory framework and an attractive tax regime, which offers a wide range of incentives and advantages
A rising fuel hub
World-class natural gas discoveries attract worldwide interest
India's Exports and Imports to Cyprus
Source: Department of Commerce
Country / Region: CYPRUS
Dated: 23/01/2023
Values in US $ Millions
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 99.91 | 70.65 | 443.28 | 90.11 | 139.85 |
| 2. | %Growth | -29.29 | 527.41 | -79.67 | 55.20 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.03 | 0.02 | 0.14 | 0.03 | 0.03 |
| 6. | IMPORT | 13.46 | 393.78 | 74.43 | 23.98 | 74.32 |
| 7. | %Growth | 2,826.57 | -81.10 | -67.78 | 209.87 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.00 | 0.08 | 0.02 | 0.01 | 0.01 |
| 11. | TOTAL TRADE | 113.37 | 464.43 | 517.71 | 114.09 | 214.17 |
| 12. | %Growth | 309.67 | 11.47 | -77.96 | 87.71 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.01 | 0.06 | 0.07 | 0.02 | 0.02 |
| 16. | TRADE BALANCE | 86.46 | -323.13 | 368.85 | 66.13 | 65.53 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Invest Cyprus
+357-22-441-133
9, Makariou III Ave., Severis Building, 4th Floor, 1065 Nicosia, Cyprus
High Commission of India, Nicosia
+357-22351741 / 22351170
No. 3, Indira Gandhi Street, Montparnasse Hill,
P.O.Box 25544
Engomi-2413, Nicosia (Cyprus)
