Europe ยท Country profile
Cyprus
India-Cyprus trade corridor: $8.2B bilateral trade, $6.8B FDI into India.
$8.2B
Trade with India
+4.7% YoY
$447.0B
GDP
Nominal
$6.8B
FDI into India
Cumulative
+$0.0B
Trade balance
India surplus
Top exports to Cyprus
- Rice and cereals
- Machinery
- Gems and jewellery
Top imports from Cyprus
- Copper and ores
- Gold and precious metals
- Edible oils
Trade corridor with India
2025: $8.2B ยท 5-yr CAGR 13.5%
Goods trade in USD billion, illustrative demo figures.
Latest Cyprus stories
Trade6h ago5 min read
India-Cyprus bilateral trade hits a new quarterly high
FDI9h ago6 min read
Cyprus investors commit fresh capital to Indian manufacturing
Policy12h ago7 min read
Revised tariff schedule for India-Cyprus goods notified
Technology15h ago3 min read
India and Cyprus deepen cooperation on digital and AI standards
Policy and tariff watch
| Measure | Change | Status | Date | Alert |
|---|---|---|---|---|
| Import duty on engineering goods | 5% to 2% | In force | Jan 2026 | |
| Rules of origin certification | Digital certificates mandatory | Notified | Mar 2026 | |
| Pharma regulatory recognition | Mutual recognition under review | Consultation | Jun 2026 | |
| Agri products SPS standards | Revised residue limits | Proposed | Sep 2026 | |
| Trade agreement round | Round 2 of negotiations | Negotiating | Dec 2026 |
Upcoming events and delegations
Forum
India-Cyprus Business Forum
Dec 2026 ยท New Delhi
Delegation
Trade delegation to Cyprus
Feb 2027 ยท Cyprus
Buyer meet
Cyprus buyers-sellers meet
Mar 2027 ยท Mumbai
Policy
Joint working group on market access
Nov 2026 ยท Virtual
Opportunity sectors
๐กS13Communications29% projected demand growth๐ฐS18Drinking Water & Sanitation Engineering29% projected demand growthโกS23Energy & Sustainability18% projected demand growth๐S28Fisheries, Animal Husbandry13% projected demand growth๐ฅS33Health and Family Welfare10% projected demand growth๐ญS38Manufacturing9% projected demand growth