Describes how widely e-Commerce is used, the primary sectors that sell through e-commerce, and how much product/service in each sector is sold through e-commerce versus brick-and-mortar retail. Includes what a company needs to know to take advantage of e-commerce in the local market and , reputable, prominent B2B websites.
Last Published: 7/18/2016

Republic of Cyprus:
 
The Ministry of Commerce is expanding e-commerce in Cyprus as an innovative way of doing business on the island.  Household internet access in 2015 was 71 percent, below the EU average of 83 percent but much higher than the world average of 46 percent.  Web-based trade remains relatively small, but is growing.  Most companies have their own website.  Online banking is becoming increasingly popular and Cypriots are becoming accustomed to this channel for financial services.  The Government is also improving its websites and offers more services and information through the Web.  The Government’s main website is: http://www.cyprus.gov.cy/portal/portal.nsf/citizen_en?OpenForm&access=0&SectionId=citizen&CategoryId=none&SelectionId=home&print=0&lang=en
 
Area Administered by Turkish Cypriots:
 
E-commerce is limited but growing.  Online banking services are advanced, as competition is fierce from Turkey-based banks.  Most "government" offices and "ministries" have a website and some are starting to offer services; however, in general the Turkish Cypriot authorities continue to lag behind the private sector in this regard.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.



Cyprus eCommerce Industry Trade Development and Promotion eCommerce