Cyprus / Denmark

Cyprus-Denmark Trade: In 2023, Cyprus exported $46.4M to Denmark. The main products that Cyprus exported to Denmark were Passenger and Cargo Ships ($20.9M), Packaged Medicaments ($6.91M), and Cheese ($6.58M). Over the past 5 years the exports of Cyprus to Denmark have decreased at an annualized rate of 2.39%, from $52.3M in 2018 to $46.4M in 2023.

In 2020, Cyprus exported services to Denmark worth $106M, with Transportation ($85.7M), Travel ($17.1M), and Financial services ($3.43M) being the largest in terms of value.

Denmark-Cyprus Trade: In 2023, Denmark exported $63.6M to Cyprus. The main products that Denmark exported to Cyprus were Cheese ($6.44M), Fish Fillets ($3.99M), and Beauty Products ($2.98M). Over the past 5 years the exports of Denmark to Cyprus have decreased at an annualized rate of 6.53%,  from $89.1M in 2018 to $63.6M in 2023.

In 2020, Denmark exported services to Cyprus worth $101M, with Transportation ($49M), Other business services ($28.2M), and Construction services ($10.6M) being the largest in terms of value.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).