2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Cyprus-Netherlands Trade: In 2022, Cyprus exported $117M to Netherlands. The main products that Cyprus exported to Netherlands were Industrial Fatty Acids, Oils and Alcohols ($53.7M), Packaged Medicaments ($10.7M), and Passenger and Cargo Ships ($6.3M). Over the past 5 years the exports of Cyprus to Netherlands have decreased at an annualized rate of 0.68%, from $121M in 2017 to $117M in 2022.

In 2020, Cyprus exported services to Netherlands worth $249M, with Transportation ($154M), Financial services ($68.5M), and Other business services ($21.7M) being the largest in terms of value.

Netherlands-Cyprus Trade: In 2022, Netherlands exported $646M to Cyprus. The main products that Netherlands exported to Cyprus were Refined Petroleum ($112M), Packaged Medicaments ($36.5M), and Passenger and Cargo Ships ($33.3M). Over the past 5 years the exports of Netherlands to Cyprus have increased at an annualized rate of 4.59%,  from $472M in 2017 to $646M in 2022.

In 2020, Netherlands exported services to Cyprus worth $257M, with Other business services ($82M), Transportation ($74.8M), and Computer and information services ($39.7M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $117M to Netherlands. The main products exported from Cyprus to Netherlands were Industrial Fatty Acids, Oils and Alcohols ($53.7M), Packaged Medicaments ($10.7M), and Passenger and Cargo Ships ($6.3M). During the last 5 years the exports of Cyprus to Netherlands have decreased at an annualized rate of 0.68%, from $121M in 2017 to $117M in 2022.

In 2017, Netherlands exported $646M to Cyprus. The main products exported from Netherlands to Cyprus were Refined Petroleum ($112M), Packaged Medicaments ($36.5M), and Passenger and Cargo Ships ($33.3M). During the last 5 years the exports of Netherlands to Cyprus have increased at an annualized rate of 4.59%, from $472M in 2022 to $646M in 2017.

Exports from Cyprus (Flag) to Netherlands (Flag) (2022)

Exports from Netherlands (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Netherlands (Flag)

Cyprus Exports

Netherlands Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Netherlands
Top Destination
Germany$131B

This map shows whether countries import more from Cyprus or Netherlands. Each country is colored based on the difference in imports they receive from Cyprus and Netherlands or the difference in the growth in imports.

In 2022, countries that imported more from Cyprus than Netherlands included Liberia ($255M), Marshall Islands ($173M), and Lebanon ($329M).

In 2022, countries that imported more from Netherlands than Cyprus included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

Difference in imports from Netherlands (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Netherlands

Flow
Scale

This chart compares trade between Cyprus and Netherlands by product, considering products traded by both, Cyprus and Netherlands.

During 2022, Cyprus had a large net trade with Netherlands in the exports of Chemical Products ($69.8M), Transportation ($10.9M), and Machines ($9.37M).

During 2017, Netherlands had a large net trade with Cyprus in the exports of Mineral Products ($139M), Machines ($103M), and Chemical Products ($73.5M).

Bilateral Service Trade

In 2020, Cyprus exported services to Netherlands worth $249M, with Transportation ($154M), Financial services ($68.5M), and Other business services ($21.7M) being the largest in terms of value.

In 2020, Netherlands exported services to Cyprus worth $257M, with Other business services ($82M), Transportation ($74.8M), and Computer and information services ($39.7M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Netherlands (Flag) (2020)

Services Exports from Netherlands (Flag) to Cyprus (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Netherlands. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Netherlands (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with