Cyprus Stock Exchange
Cyprus is divided into two sectors, the Greek and the Turkish sectors. Generally, agricultural products include citrus, cotton, grains, potatoes and olives, but the Greek sector provides additional fruits and grapes that are used in wine making. The Turkish sector provides Cyprus with table grapes, tobacco and vegetables. In regard to livestock, the most commonly found are hogs, occasionally cattle, sheep, poultry and goats. This produces meat and dairy products to the community. The Turkish sector in Cyprus takes care of the fishing industry and the Greek sector dominates manufacturing. Products that are manufactured in this sector include metal products, paper, textiles, clay products, beverages, ship repairs, stone, chemicals, processed foods and refined petroleum.
Tourism plays a very important role in the economy of the entire Republic, but has seen a decline in the industry due to the political instability. Cyprus has its own mineral sources of asbestos, pyrites, chrome, copper and gypsum. The Turkish sector relies greatly on the aid and assistance from Turkey, as the Greek sector is more prosperous.
The export industry of Cyprus exports mainly textiles, potatoes, citrus, cigarettes, textiles and pharmaceuticals, while they import products such as petroleum, transport equipment, consumer goods, vehicles, fuel, food, chemicals, machinery and lubricants. Goods that are imported and exported from the north of Cyprus might vary, due to the difference in demand.