Exporting to Cyprus
Strong links with the UK
There is a large UK expatriate community in the country and English is widely spoken. The UK is one of Cyprus’ most significant trading partners. British brands are well recognised, and UK products and services are part of everyday life on the island.
Strategic geographic location
Cyprus’ location in the Eastern Mediterranean makes it a gateway for exporters who would like to expand further afield to the Middle East, Persian Gulf, Russia and Eastern Europe.
In the year to March 2019, the top services imported from the UK by Cyprus were business services (22.9%), travel (21.3%) personal, cultural and recreational (16.5%), financial services (16.1%) and transport (8.1%) (ONS, 2019). Therefore, as a UK business exporting these services, Cyprus could be a good market for you.