Cyprus Export Data

Cyprus Export Data

Cyprus is an island republic in the Mediterranean with a trade-based economy based on shipping, oil, and medicines. Nicosia is the capital and the administrative center of the nation. According to Cyprus export data, Cyprus, which has a population of around 1.24 million and a GDP of about USD 38.7 billion, had total exports of USD 4.50 billion in 2024, resulting in a trade imbalance of almost USD 8.93 billion.

 

90

Cyprus ranks near 90th in the world by export volume. Its modest but diverse export base reflects its small island economy.

0.02%

Cypriot exports account for roughly 0.02% of total worldwide exports. This share demonstrates its niche export sectors.

Libya

Libya is the largest buyer (~15% of exports), followed by Greece (~6%) and Lebanon (~9–10%) 

Mineral fuels & oils

At USD 1.73 billion, mineral fuels & oils form Cyprus’s leading export (about 33% of total exports)

 

Top 10 Export Products of Cyprus

As per Cyprus trade data, energy and transportation are the main drivers of Cyprus' export economy, with specialist manufactured items, dairy products, and medicines providing support:

  • Mineral fuels, oils & distillation products (HS 27): USD 1.73 B – ~33%
  • Ships, boats & floating structures (HS 89): USD 0.71 B – ~16%
  • Pharmaceutical products (HS 30): USD 0.47 B – ~10%
  • Dairy products, eggs, honey (HS 04): USD 0.36 B – ~8%
  • Essential oils, perfumes, cosmetics (HS 33): USD 0.15 B – ~3%
  • Electrical machinery & equipment (HS 85): USD 0.15 B – ~3%
  • Machinery, reactors, boilers (HS 84): USD 0.09 B – ~2%
  • Vegetable/fruit/nut preparations (HS 20): USD 0.055 B – ~1%
  • Edible vegetables & roots (HS 07): USD 0.053 B – ~1%
  • Iron & steel (HS 72): USD 0.039 B – ~1%
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Top 10 Export Trading Partners of Cyprus

As per the Cyprus trade statistics, , the Middle East, the Mediterranean, and North Africa are the main destinations of Cyprus's exports, underscoring its important trading partnerships:

  • Libya: 15.3% — USD 0.775 B
  • Lebanon: 9.5% — USD 0.481 B
  • Bermuda: 8.0% — USD 0.403 B
  • Greece: 6.0% — USD 0.305 B
  • Marshall Islands: 5.8% — USD 0.294 B
  • United Kingdom: 4.7% — USD 0.238 B
  • Liberia: 4.4% — USD 0.225 B
  • Hong Kong: 3.4% — USD 0.174 B
  • Nigeria: 3.1% — USD 0.156 B
  • United States: 2.9% — USD 0.148 B

What Details Contain In Cyprus Export Data?

Every shipment arriving by land, air, or sea is included in Cyprus's statistical export data. Businesses and analysts may use a comprehensive statistical dataset that includes essential trade statistics to gain a thorough understanding of the Cyprus export sector. The information helps customers assess trade flows, identify new possibilities, and follow supplier trends by recording each shipment's route, product categorization, stated values, and more. An essential resource for making well-informed decisions, whether assessing competition or broadening market reach, is Cyprus’s export statistics. Usually, the statistical dataset consists of:

  • Date 
  • HS Code
  • HS Code Description
  • Total Value in USD
  • FOB Value
  • Quantity
  • Weight
  • Way of Transport
  • Destination Country
  • Import Country
  • Port of Loading
  • Port of Unloading

Benefits of Cyprus Export data in your business

  • Gain a competitive edge by benchmarking competitors, finding new suppliers, and thoroughly understanding your industry using Cyprus export statistical data.
  • Investigate International Markets: Examine Cyprus purchasing trends to identify potential export markets for your goods.
  • Data-Driven Decisions: Make defensible decisions supported by up-to-date, transparent shipping data.
  • Reduce Risks: Before signing contracts, review shipping history and look for any possible warning signs.
  • Reliable and Accurate: High accuracy is ensured by the data's sourcing from official customs records.
  • Competitor insights: Keep tabs on where and how rivals obtain their goods.

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