Cyprus Exports To The US: What’s At Stake As Tariffs Loom

As global trade tensions escalate, Cyprus finds itself cautiously watching the unfolding trade war spurred by US President Donald Trump’s recent tariff announcements. While Cyprus may not appear to be in the immediate firing line, the island’s exporters are not immune to the shifting winds of global economics, particularly if the US expands its tariff net to include European Union nations. The consequences could be significant for some Cypriot businesses heavily reliant on the US market.

According to data from the Cyprus Statistical Service, the total value of exports from Cyprus to the US between January and November 2024 stood at €22.7 million, weighing in at 6.7 million kilograms. Additionally, Cyprus re-exported goods to the US worth €27.1 million. Despite this relatively modest figure compared to the island’s overall export profile, these numbers hint at the broader economic ripple effect. The US does not rank among Cyprus’s top 10 export destinations, but any sudden tariff hikes would still impact certain sectors—especially those with a significant reliance on American trade.

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A Diverse Export Basket, But Halloumi Leads The Way

Cyprus’ export portfolio is as varied as it is unique. From iconic halloumi cheese to more niche exports like human blood, the island offers a broad spectrum of goods. However, it’s the cheese sector, led by halloumi, that stands out. Cypriot dairy products alone accounted for over €6.4 million in exports to the US, with other prominent exports including electrical products like resistors, virgin olive oil, and even capers.

Electrical products, especially resistors, were also significant contributors, with re-exports in this category exceeding €21 million. Interestingly, human blood, though a minor player, still made its way into the data, rounding off a truly diverse range of exports to the US.

The looming tariffs cover 123 product categories, with some sectors facing more substantial consequences. Dairy, fish farming, and the electrical trade will likely feel the brunt, but industries like olive oil, coffee, and even cocoa are also at risk. In short, the scale of potential disruption depends on the product, but for businesses dependent on the US, a 25% tariff could prove costly.

Business Leaders Weigh In: Cypriot Economy Resilient, But Uncertainty Looms

To assess the broader impact of the trade war on Cyprus, Michalis Antoniou, Director-General of the Federation of Employers and Industrialists (OEB), suggests that the Cypriot economy is unlikely to face direct consequences from the US tariffs on the EU. However, he acknowledges that certain businesses with strong ties to the US market will experience challenges. Antoniou highlights that the real concern stems from the broader geopolitical instability. The ripple effects of US tariff actions, combined with regional conflicts and the potential for retaliatory tariffs from other nations, create a climate of uncertainty. For businesses operating in an increasingly volatile global economy, this unpredictability poses a significant risk, perhaps even more than the tariffs themselves.

Antoniou points out that uncertainty, paired with geopolitical unrest and the ongoing trade war, could set the stage for a global economic shift—one in which Cyprus could find itself affected despite its relatively small trade footprint. The island’s ability to weather these storms will depend on how resilient its businesses are and whether they can adapt to the evolving landscape.

As the trade war continues to unfold, Cyprus’ exporters will need to remain agile, balancing risk with opportunity in an ever-shifting global economy. The real test will be whether the island’s industries can weather the storm and continue to thrive despite the turbulence.

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Europe’s Deadly Summer Heat Exposed The Cost Of A Warming Continent

by THEFUTURE.TEAM

October 23, 2026

Europe experienced its deadliest summer for heat-related deaths on record in 2026, with an estimated 24,400 excess deaths linked to extreme temperatures across 30 countries. Researchers estimate that human-induced climate change was responsible for around 32,000 of the deaths attributed to heat in the study’s broader analysis, accounting for 65% of the total.

The findings highlight the growing public-health consequences of global warming, largely driven by fossil fuel use, as extreme heat becomes more frequent and severe.

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A Summer Of Dangerous Heat

Between June and August, heatwaves pushed temperatures in Western Europe to an average of 2.9°C above the 1991–2020 norm, with some days reaching 12°C above average. Nearly a third of estimated heat-related deaths occurred during a particularly intense heatwave between 17 June and 1 July.

“These numbers are a stark reminder that our hotter, more extreme summers are having an increasingly severe impact on public health,” said Dr Clair Barnes, a researcher at Imperial College London and co-author of the study.

The estimated toll exceeded previous peaks of around 29,000 deaths in summer 2022 and 28,000 in 2003 across the region studied.

How Researchers Estimated The Toll

Researchers modelled the relationship between temperature and mortality across 854 urban areas in the EU, UK, Norway and Switzerland, covering around 40% of the population in the 30 countries studied.

The analysis incorporated temperature records, age, socioeconomic conditions, environmental factors and access to healthcare. By comparing actual temperatures with those expected without human-induced warming, the team estimated the additional deaths attributable to climate change.

Final official mortality figures for summer 2026 are not yet available in many countries, and heat-related deaths are often underreported because their effects can be difficult to identify directly.

Older People Face The Greatest Risk

People aged 85 and over accounted for roughly half of the estimated deaths. However, the impact extended across age groups, with around 800 excess deaths among adults aged 20–44 and approximately 6,000 among people under 65.

Southern Europe experienced the highest mortality burden, reflecting hotter temperatures and other vulnerabilities, including air pollution, limited green space and unequal access to healthcare and heat-alert systems.

Italy, France And Spain Record Highest Toll

Italy recorded an estimated 13,303 heat-related excess deaths, followed by France with 7,268 and Spain with 6,824. Germany recorded around 6,340, while the UK saw an estimated 4,354 deaths.

In the UK, the heat also placed significant pressure on healthcare services. Andrew Hartle, Professor of Practice of Anaesthesia at Imperial College Healthcare, said demand during the summer resembled that of a severe winter virus season.

Cities Urged To Strengthen Heat Protection

Researchers say cities can reduce the risks through climate shelters, external shading and building retrofits, alongside measures to help residents avoid exposure during the hottest hours. Checking on vulnerable people, staying hydrated and following heat alerts are also important.

The researchers stress that adaptation must go hand in hand with reducing fossil fuel use to limit further warming. The findings underline that extreme heat is already a major public-health threat across Europe, with thousands of lives at risk each summer.

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