News

Customs collects almost €2m from small parcel tariff in first month

In-Cyprus · 2026-08-04

AI SUMMARY

• What happened: The Customs Department of Cyprus collected nearly €2 million in revenue from a new €3 tariff on small parcels during its first month of implementation in July. • Why it matters: This tariff applies to imports valued up to €150 from non-EU countries and aims to regulate small parcel trade, potentially impacting consumer behavior and shipping practices. • What to watch next: Observers will monitor the long-term effects of the tariff on import volumes and consumer purchasing patterns over the next few months, as well as any adjustments by businesses in response to the new regulation.

Economy euEuropean UniontariffsTop Newstrade Customs collects almost €2m from small parcel tariff in first month Customs Collects Almost €2m From Small Parcel Tariff In First Month Relevant News The EU health data space: Unlocking the value of e-health data through responsible governance 4 August 2026 Don’t disturb RIK, it’s on holiday 4 August 2026 Customs collects almost €2m from small parcel tariff in first month 4 August 2026 Newsroom 4 August 2026 FacebookXWhatsAppEmailPrintViber The Customs Department collected almost €2 million in revenue from the new €3 tariff on small parcels during July, the first month the measure was in force. The €3 per item tariff took effect on July 1 on imports into the EU of small parcels worth up to €150 from third countries. According to Customs Department spokesman Giorgos Konstantinou, July’s revenue came to almost €2 million, covering 650,000 items contained in 160,000 parcels. Konstantinou said small parcel imports showed a relative decline compared with previous months, though he said this could be due to several factors. He suggested consumers may have placed more orders before the tariff took effect in an attempt to avoid paying it, while July is also a holiday month when orders tend to fall regardless. He said it would become clearer over the coming months whether the tariff has affected consumer behaviour, adding that companies’ responses, including where they base warehouses and where they ship products directly, are also expected to play a role. He said the picture should become clearer after three to four months. Asked whether the department faced problems managing the new administrative workload, Konstantinou said there had been no major issues. He said the first few days required some adjustment while calculations and the collection process through the accounting system were being finalised, but said things have since settled down. Asked whether there had been complaints from the public, Konstantinou said there had been none, though he noted that in the first few days there had been questions about whether orders would be charged depending on when they were placed. He said that once the tariff was applied, people came to understand it did not significantly affect overall prices, and he expected orders to return to their previous levels. Subscribe to our Newsletter Latest News The EU health data space: Unlocking the value of e-health data through responsible governance Don’t disturb RIK, it’s on holiday State unveils new support options for adults with disabilities Turkish provocations amid diplomatic process If we’re talking CBMs, let’s talk properly Kato Deryneia: a personal matter Overnight pharmacies on Tuesday, August 4 Follow en.philenews on Google News and be the first to know all the news about Cyprus and the world.

Source: In-Cyprus
RELATED NEWS

More Stories

All News
News

August festivals not to miss

• What happened: August in Cyprus is filled with various festivals, including the One Love Cyprus Festival, Taste of Cyprus Festival, and the 9th Beer Phelstiva...

News

Septemberfest Nicosia Beer Fun Festival returns for 15th year

• What happened: The Septemberfest Nicosia Beer Fun Festival will return for its 15th year from September 1 to 7, 2026, at Akadimias Park in Aglantzia, featurin...

News

DISY names Maouris to lead tourism portfolio at government monitoring council

• What happened: DISY President Annita Demetriou appointed Panayiotis Maouris to lead the tourism portfolio at the Democratic Rally’s Government Work Monitoring...

News

Cyprus’ endangered birds to be protected by new EU-backed project

• What happened: A new EU-backed conservation project, "Raptors for LIFE," has been launched to protect three endangered birds of prey in Cyprus: the ...

News

Israeli man fined €840 after 14 cartons of untaxed cigarettes found at checkpoint

• What happened: An Israeli man was fined €840 after customs officials found 14 cartons of untaxed cigarettes during a routine inspection at the Deryneia checkp...

News

Iran demands inbound control of Hormuz and outbound oversight, source says

• What happened: Iran is negotiating with Oman for control over inbound shipping through the Strait of Hormuz and oversight of outbound traffic, aiming to reope...