Country exposure · CY

Cyprus
Europe · Nicosia (Lefkosia/Lefkosa) · Republic of Cyprus - presidential republic; self-declared "Turkish Republic of Northern Cyprus" (TRNC) - parliamentary republic with enhanced presidency
What Cyprus means for your money — the prices you pay, the tariffs in motion, and where U.S. policy could change both.

$79M
U.S. imports, 2025
+35.2%
change in one year
$202M
U.S. exports, 2025
1M
Population
$36.3B
GDP
In your house
What you buy that Cyprus makes
America bought $79M in goods from Cyprus in 2025 — up 35.2% in a single year. Of every $100 of it, here's where the money went.
Electric apparatus
Dairy products and eggs
dairy and eggs
U.s. goods returned, and reimports
Bakery products
Nonagricultural foods, etc.
Telecommunications equipment
phones, routers, networking gear
Other foods
Tobacco, waxes, etc.
Semiconductors
semiconductors and chips
Agricultural machinery, equipment
2026 so far (through April): $24M in imports. Source: U.S. Census Bureau, International Trade in Goods (customs basis).
The other direction
What America sells to Cyprus
$202M in 2025 — a trade rupture cuts both ways, for American producers as well as American prices.
Civilian aircraft, engines, equipment, and parts
$59MCoal and fuels, other
$21MPetroleum products, other
$20MMinimum value shipments
$7MNuts
$6MIndustrial machines, other
$5MArtwork, antiques, stamps, etc.
$5MPassenger cars, new and used
$5Mnew and used cars
Laboratory testing instruments
$5MWhere you stand
U.S. tariff posture toward Cyprus
Since February 24, 2026 most EU goods face the universal 10% Section 122 temporary import surcharge, which replaced the framework's 15% all-inclusive IEEPA structure when EO 14389 terminated the reciprocal tariffs. The framework's Section 232 terms persist: EU autos at 15%, and the April 2026 metals expansion expressly preserved the EU's trade-agreement-partner treatment (steel and aluminum otherwise at 50%).
The United States negotiates tariffs with the European Union as a single market — every measure here applies to Cyprus as an EU member.
Reciprocal tariff (assigned — terminated)
20%
The rate this country was assigned under the EO 14257 reciprocal Annex — no longer in force. The Supreme Court struck down the IEEPA tariffs and they were terminated February 24, 2026 (EO 14389), replaced by a universal ~10% Section 122 surcharge. See the timeline below for the current effective rate.
Section 232 sectors
Autos, Wood
Steel, aluminum, autos, and similar national-security tariffs that name this country.
Policy in motion
Tariff status: a moving target
U.S. tariff policy toward the European Union — and with it Cyprus — has changed 11 times since 2025. This page tracks it.
2026-04-06
EU treatment preserved in expanded metals tariffs
In effectThe April 2026 proclamation expanding Section 232 coverage of aluminum, steel, and copper derivatives expressly does not alter or supersede the prior U.S.–EU agreement implementation, and lists the EU among 'Trade Agreement Partners' eligible for its exclusion process.
91 FR 18201 →2026-02-24
IEEPA reciprocal tariffs terminated — replaced by 10% Section 122
In effectExecutive Order 14389 (Ending Certain Tariff Actions) terminated the IEEPA tariff duties — including those under EO 14257, the basis of the EU's 15% all-inclusive structure — effective February 24, 2026. A flat 10% Section 122 temporary import surcharge (Proclamation 11012 of February 20, 2026) replaced them. The framework's Section 232 terms (the 15% EU autos cap, metals carve-outs) rest on separate authority and were expressly unaffected.
91 FR 9437 →2025-09-25
Framework implemented: preferential treatment for certain EU goods
In effectActing under the September 8, 2025 procedures order, Commerce and USTR modified the HTSUS to implement the framework — preferential (zero) reciprocal treatment for certain EU goods and a reduction of the Section 232 automobile and parts duty to 15% for EU-origin vehicles.
90 FR 46136 →2025-08-21
U.S.–EU Framework Agreement joint statement
AgreementThe United States and the European Union issued the Joint Statement on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade: the U.S. committed to the 15% all-inclusive ceiling, zero reciprocal duty on certain products, and a cut of the Section 232 automobile duty to 15%; the EU committed to eliminate tariffs on U.S. industrial goods and expand agricultural access, plus $750B in U.S. energy procurement through 2028.
Source ↗2025-08-07
15% all-inclusive structure replaces the 20% rate
In effectThe July 31, 2025 order ('Further Modifying the Reciprocal Tariff Rates') gave the EU a unique structure effective August 7, 2025: for goods with an MFN (Column 1) rate below 15%, the reciprocal duty tops the total up to exactly 15%; goods with an MFN rate of 15% or higher pay no additional reciprocal duty.
Federal Register · 2025-15010 →2025-07-09
Reciprocal-rate pause extended to August 1
In effectThe July 7, 2025 order extended the suspension of country-specific reciprocal rates through August 1, 2025, keeping the EU at the 10% baseline while framework talks continued.
90 FR 30823 →2025-06-04
Section 232 steel and aluminum duties doubled to 50%
In effectThe June 3, 2025 proclamation raised Section 232 duties on steel and aluminum articles and derivatives from 25% to 50% effective June 4, 2025, with no EU carve-out.
90 FR 24199 →2025-04-10
90-day pause suspends the 20% rate back to 10%
In effectThe April 9, 2025 modification order suspended country-specific reciprocal rates for 90 days for all partners except China, returning the EU to the 10% universal baseline effective April 10, 2025 while negotiations proceeded.
90 FR 15625 →2025-04-09
EU country-specific reciprocal rate of 20% takes effect
In effectAnnex I of Executive Order 14257 assigned the European Union a 20% country-specific reciprocal rate, effective April 9, 2025 — the rate still carried for the EU in the HTS Chapter 99 Subchapter III note.
Federal Register · 2025-06063 →2025-04-05
Universal 10% reciprocal baseline takes effect
In effectExecutive Order 14257 (signed April 2, 2025) imposed a 10% ad valorem reciprocal duty on imports from all trading partners, including the EU, effective April 5, 2025. The order singled out the EU's 5% average MFN rate and 10% passenger-vehicle tariff as examples of non-reciprocal treatment.
Federal Register · 2025-06063 →2025-03-12
Section 232 steel and aluminum arrangements terminated — 25% duties on EU metals
In effectProclamations of February 10, 2025 ended the EU's tariff-rate-quota arrangements for steel and aluminum and raised the aluminum duty from 10% to 25%, applying 25% Section 232 duties to EU steel and aluminum effective March 12, 2025.
90 FR 9817 →
Made for America
What Cyprus makes for America
Cyprus is a direct U.S. source of 1 essential good Americans rely on — the items themselves, shipped finished off the line.
Reference
The country itself
Europe · Geography, people, economy, and government — public-domain data from the CIA World Factbook.
A former British colony, Cyprus became independent in 1960 after years of resistance to British rule. Tensions between the Greek Cypriot majority and Turkish Cypriot minority came to a head in December 1963, when violence broke out in the capital of Nicosia. Despite the deployment of UN peacekeepers in 1964, sporadic intercommunal violence continued and forced most Turkish Cypriots into enclaves throughout the island. In 1974, a Greek Government-sponsored attempt to overthrow the elected president of Cyprus was met by military intervention from Turkey, which soon controlled more than a third of the island. In 1983, the Turkish Cypriot administered area declared itself the "Turkish Republic of Northern Cyprus" (TRNC), but it is recognized only by Turkey. A UN-mediated agreement to reunite Cyprus, the Annan Plan, failed to win approval from both communities in 2004. The most recent round of reunification negotiations was suspended in 2017 after failure to achieve a breakthrough. The entire island joined the EU in 2004, although the EU acquis -- the body of common rights and obligations -- applies only to the areas under the internationally recognized government and is suspended in the TRNC. However, individual Turkish Cypriots able to document their eligibility for Republic of Cyprus citizenship have the same legal rights accorded to citizens of other EU states.

Geography
- Location
- Middle East, island in the Mediterranean Sea, south of Turkey; note - Cyprus views itself as part of Europe; geopolitically, it can be classified as falling within Europe, the Middle East, or both
- Area
- 9,251 sq km (of which 3,355 sq km are in north Cyprus)
- Climate
- temperate; Mediterranean with hot, dry summers and cool winters
- Terrain
- central plain with mountains to north and south; scattered but significant plains along southern coast
- Natural resources
- copper, pyrites, asbestos, gypsum, timber, salt, marble, clay earth pigment
- Coastline
- 648 km
- Natural hazards
- moderate earthquake activity; droughts
People & society
- Population
- 1,332,293 (2025 est.)
- Nationality
- Cypriot(s)
- Ethnic groups
- Greek 98.8%, other 1% (includes Maronite, Armenian, Turkish-Cypriot), unspecified 0.2% (2011 est.)
- Languages
- Greek (official) 80.9%, Turkish (official) 0.2%, English 4.1%, Romanian 2.9%, Russian 2.5%, Bulgarian 2.2%, Arabic 1.2%, Filipino 1.1%, other 4.3%, unspecified 0.6% (2011 est.)
- Religions
- Eastern Orthodox Christian 89.1%, Roman Catholic 2.9%, Protestant/Anglican 2%, Muslim 1.8%, Buddhist 1%, other (includes Maronite Catholic, Armenian Apostolic, Hindu) 1.4%, unknown 1.1%, none/atheist 0.6% (2011 est.)
- Median age
- 39.9 years (2025 est.)
- Life expectancy at birth
- 80.2 years (2024 est.)
Economy
- Economic overview
- services-based, high-income EU island economy; heavy tourism; sustained growth between recovery of national banking system and COVID-19 trade restrictions; high living standards; a known financial hub, its stock exchange functions as an investment bridge between EU-and EEU-member countries
- Industries
- tourism, food and beverage processing, cement and gypsum, ship repair and refurbishment, textiles, light chemicals, metal products, wood, paper, stone and clay products
- Agricultural products
- milk, potatoes, sheep milk, pork, goat milk, wheat, chicken, olives, grapes, barley (2023)
- Exports - partners
- Libya 14%, Greece 11%, Lebanon 8%, Bermuda 7%, Marshall Islands 5% (2023)
- Imports - partners
- Greece 20%, UK 10%, Italy 7%, Turkey 6%, Spain 6% (2023)
Government
- Government type
- Republic of Cyprus - presidential republic; self-declared "Turkish Republic of Northern Cyprus" (TRNC) - parliamentary republic with enhanced presidency
- Capital
- Nicosia (Lefkosia/Lefkosa)
- Independence
- 16 August 1960 (from the UK)
- Constitution
- ratified 16 August 1960
- Executive branch
- President Nikos CHRISTODOULIDIS (since 28 February 2023)
- Legislative branch
- House of Representatives (Vouli Antiprosopon)
Full reference data
Every field, by section — CIA World Factbook. Open a topic to expand it.
Introduction
Travel Facts
Please visit the following links to find further information about your desired destination.
World Health Organization (WHO) - To learn what vaccines and health precautions to take while visiting your destination.
US State Dept Travel Information - Overall information about foreign travel for US citizens.
To obtain an international driving permit (IDP). Only two organizations in the US issue IDPs: American Automobile Association (AAA) and American Automobile Touring Alliance (AATA)
How to get help in an emergency? Contact the nearest US embassy or consulate, or call one of these numbers: from the US or Canada - 1-888-407-4747 or from Overseas - +1 202-501-4444
Page last updated: Wednesday, May 03, 2023