Cyprus

EU-Singapore - a boost for jobs and exports in Cyprus

Businesses of all sizes in towns and cities across Cyprus already export a wide range of goods and services to Singapore.

The EU-Singapore trade agreement will make it easier and cheaper for them to do so.

 

Companies and jobs

79 The number of Cypriot companies that export to Singapore.

72% The share of Cypriot companies exporting to Singapore that are small and medium-sized enterprises.

44,000 The number of persons employed by Singaporean companies in the EU.

 

What kind of products does Cyprus export to Singapore?

Companies across Cyprus export goods and services to Singapore.

 
 

Exports and Imports

Cyprus and Singapore already have a close trading relationship. The EU-Singapore trade agreement will give it a big boost.

10th Singapore is Cyprus's 10th biggest trade partner outside the EU.

€74 m The value of Cyprus's trade surplus with Singapore.

€97 m The value of Cypriot exports to Singapore.

€24 m The value of Cypriot imports from Singapore.

 

EU trade agreements benefit companies and communities

 
 
Sources
  • Products: Dun and Bradstreet, 2018. The product examples are drawn from a sample of all EU companies exporting to Singapore.
  • Companies: Statistics on international trade in goods by enterprise characteristics, Eurostat, 2015 (latest available year).
  • Jobs: European Commission, Eurostat. Figures based on latest available data (2014).