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Cyprus export Statistics

Cyprus Export Data

The Republic of Cyprus is another name for Cyprus. It is an island nation that is both in Asia and Europe, situated in the Eastern Mediterranean Sea. The nation borders several other nations, including Egypt, Greece, Israel, Lebanon, and Turkey. The world's oldest water wells are found in Cyprus. Cyprus ranks 50th in Europe in terms of total land area. Cyprus, with a land size of about 9,251 km^2, has landed at position 168 in terms of area. In terms of exports, Cyprus is ranked 126th based on Cyprus trade statistics. Cyprus, a small island nation in the Mediterranean, has established itself as a prominent player in the global export market. Known for its strategic location, favorable business environment, and diverse range of exportable goods, Cyprus has been able to capitalize on its strengths to drive economic growth and attract foreign investments. 

According to Cyprus export data, Cyprus exported $4.5 billion worth of goods in total in 2023. Cyprus's goods exports increased by 15% in 2023 over the previous year. As per Cyprus shipment data for 2023, mineral fuels and oils are the biggest exports of Cyprus, while Libya is its biggest export partner. The current total GDP of Cyprus is $32.23 billion with a GDP export share of 89.35%. Cyprus is a part of significant trading blocs such as the EU and WTO. We will now delve into the Cyprus export data for the year 2023 and analyze the key trends and insights that emerge from the Cyprus statistical data.

Cyprus Export Data | Cyprus Trade Data

126

The country has been ranked 126th in global exports, showing a significant position in the international trade and export landscape. 

0.04%

With a mere 0.04% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise. 

LIBYA

Libya holds a significant role as the largest export partner of the country in terms of goods exports and export share. 

MINERAL FUELS AND OILS

Mineral fuels and oils are the major and biggest export commodities of the country, playing a vital role in its economy.

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Top 10 Exports of Cyprus

Cyprus has witnessed significant growth in its export volume in 2022. The country's total exports have shown an upward trend, indicating a robust trade market. The top 10 exports of Cyprus in 2022 according to its export data are:

  • Cruise ships, excursion boats, ferry boats, cargo ships: 29% ($1.31 billion)
  • Petroleum oils and waste oils: 20% ($891 million)
  • Medicaments: 8.86% ($391 million)
  • Cheese and curd: 6.89% ($304 million)
  • Mixtures of odoriferous substances: 2.52% ($111 million)
  • Electrical resistors: 2.43% ($107 million)
  • Yachts and other vessels for pleasure or sports: 1.26% ($55 million)
  • Other aircraft: 1.16% ($51 million)
  • Electrical apparatus: 1.06% ($47 million)
  • Edible vegetables: 1.04% (45 million US$)
    • Partners

    Top 10 Export Partners of Cyprus

    When analyzing Cyprus export data, it is essential to identify the key export destinations. Understanding which countries import the most goods from Cyprus can help businesses target their marketing efforts and tailor their products or services accordingly. Cyprus's top 10 export partners in 2022 include:

    Value In Percentage(%)

  • Ship stores and aircraft supplies: 12.8% (568 million US$)
  • Hong Kong: 10.7% (472 million US$)
  • Lebanon: 7.51% (331 million US$)
  • Greece: 7.08% (312 million US$)
  • Liberia: 5.78% (255 million US$)
  • United Kingdom: 5.55% (244 million US$)
  • Marshall Islands: 3.92% (173 million US$)
  • United Arab Emirates: 3.87% (170 million US$)
  • Libya: 3.01% (133 million US$)
  • Israel: 2.45% (108 million US$)
    • Sample Data

    Cyprus Export Data Overview

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    So, as you can see in this statistical report, we also include the number of goods needed to be imported/exported, HS codes, the description of each HS code, and the quantity and price of each product from the country's shipment data. In this comprehensive statistical database, we ensure that every detail is meticulously recorded, which makes this trade data efficient for businesses worldwide. Cyprus has experienced a steady increase in its export performance over the years, with 2022 being no exception. The country's export sector continues to play a vital role in its overall economic development, contributing significantly to the GDP and providing employment opportunities. Let's take a closer look at the Cyprus export data for 2022. According to Cyprus trade data, Cyprus exported $4.41 billion worth of goods in total in 2022. You can find several fields in the Cyprus trade and export data, including the total value of the Cyprus trade data and Cyprus statistical data provide a range of fields, such as product descriptions with the quantity, units, and price of each transported goods, as well as HS code descriptions and descriptions. For traders and marketers, this statistical export data is crucial information that helps them make informed decisions. Cyprus export data comes from reputable Cypriot authorities. This data is a highly practical and helpful section of the report that may provide traders and marketers with all the information they need.

    Cyprus Export Data
    ID 787 Month Jul-24
    FLOW Export STAT REGIME Normal
    HS CODE 01061900 PRODUCT DESCRIPTION Live mammals (excl. primates, whales, dolphins and porpoises, manatees and dugongs, seals, sea lions and walruses, camels and other camelids, rabbits and hares, horses, asses, mules, hinnies, bovines, pigs, sheep and goats)
    EXPORT COUNTRY Cyprus DESTINATION COUNTRY United Kingdom
    TRADE TYPE Extra-EU Trade SUP QUANTITY 679
    SUPP UNIT Kilogram QUANTITY IN KG 679
    US FOB 34156 VALUE IN EUROS 31503
    Benefits

    Benefits of Cyprus’s Export Data

  • Generate enhanced sales from the Cyprus export market.
  • Determine the recent demand for products in Cyprus.
  • Get ahead of your competitors and outperform them.
  • Build your marketing plan based on export data.
  • Create a major impact on Cyprus's export market.
  • Establish goals for the future and maximize earnings.

    • Frequently Asked Questions!!

    According to recent Cyprus export data, Cyprus has exported a total of $4.5 billion worth of goods in 2023-24.

    According to the Cyprus trade activities, the main industries contributing to Cyprus' exports are mineral fuels, pharmaceuticals, machinery and transport equipment, and dairy products.

    According to Cyprus trade statistics, the top export destinations for Cyprus include Libya, Lebanon, and Bermuda.

    Yes, there has been a noticeable increase in Cyprus exports in 2023 compared to the previous years with an increase of 15% in 2023. 

    According to Cyprus trade records, Cyprus’s main exports include Ships, boats, petroleum oils, pharmaceuticals, citrus fruits, clothing, and refined petroleum.

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