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In most cases, locally grown products cover Cyprus’ needs. Others are
imported to supplement local needs because of the large size of tourists.
The main trading partners of Cyprus in agricultural products are EU
member countries. About 80% of total exports have the EU as final
destination and at the same time 12% of exports go to other European
countries, which are not EU members. About 60% of the processed
agricultural products are also exported to the EU, 10% to other European
countries and 30% to other countries. The following tables show the value of
imports and exports of the total agricultural products (Table 10, Appendix)
and the value of the major imports and exports (Table 11, Appendix) from
1999 to 2003.

Country’s imports are double its exports, resulting in a negative trade
balance in recent years, close to $250 million. Concerning the items
imported the most important in terms of value are feeding stuff, mainly
barley and maize, while in the export side the most important crops are
potatoes, citrus and cheeses (mainly halloumi).

5.1. Trade performance: fruits, vegetable and olive oil

Cyprus offers a full range of citrus fruit available from October to
June, with many of the popular varieties of oranges, lemons, grapefruit, and
soft citrus. The main varieties of oranges grown are Navel, Oval and late
Valencia. Cultivation of lemons is steeped in the history of Cyprus. The high
demand for the preferred thin- skinned, juicy Cypriot lemons has ensured
that the Island maintains its place as a major winter and spring supplier.
Grapefruit has a high juice and sugar content which is the result of virtually
perfect growing conditions. New plantations have been established and
Cyprus has now an export capacity for both white and red flesh grapefruit
varieties. The increasing demand for easy peelers in world markets has
encouraged the expansion and adaptation of citrus production with
particular emphasis on Nova as well as the Mandora and Minneola hybrids.

During the months of June to September, Cyprus is a major source of
supply of table grapes to Europe. Table grapes are grown along the coastline
and on the lower mountain slopes. Grape maturity varies by area thereby
enabling the season to be extended.

In recent years there has been a major expansion in out of season
vegetables. Particular success has been achieved in specialized items such as
aubergines, courgettes, okra, methi, coriander, taro, chilies, beans, spinach,
parsley and many others. Further, due to the favorable climatic conditions,
the island is an ideal location for growing fresh aromatic herbs. Most of the
herbs grown are indigenous to the Island and can be found in the wild. The
plentiful sunshine and scarcity of rainfall ensure the strongest aroma of
Cyprus herbs. A wide range of fresh cut herbs is exported including basil,
sage, rosemary, marjoram, thyme, mint, anise, dill and others upon request.

Potatoes are by far the most important agricultural product exported.
All potatoes exported are grown in the southeastern coastal region of the
Island, known for its distinct red soil. The virtually frost free environment
and the deep red soil amply supplied with water, creates ideal conditions for
the production of high quality potatoes. The varieties grown are extremely
versatile and can be used for consumption as well as industrial purposes.

11



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