Cyprus (CYP) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

2023

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Exports $83.5MRnk 18 / 196

2023

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About

Cyprus-Netherlands Trade: In 2023, Cyprus exported $83.5M to Netherlands. The main products that Cyprus exported to Netherlands were Crude Petroleum ($21.9M), Packaged Medicaments ($11M), and Computers ($5.74M). Over the past 5 years the exports of Cyprus to Netherlands have increased at an annualized rate of 1.19%, from $78.7M in 2018 to $83.5M in 2023.

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 2023, Netherlands exported $507M to Cyprus. The main products that Netherlands exported to Cyprus were Packaged Medicaments ($39.1M), Passenger and Cargo Ships ($29.1M), and Poultry Meat ($27.7M). Over the past 5 years the exports of Netherlands to Cyprus have increased at an annualized rate of 1.72%, from $466M in 2018 to $507M in 2023.

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 2023, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Latest Data

Trade between Cyprus () and Netherlands ()

Cyprus Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

Netherlands
Top DestinationGermany$96.9B

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 2023, countries that imported more from Cyprus than Netherlands included Libya ($775M), Bermuda ($403M), and Marshall Islands ($294M).

In 2023, countries that imported more from Netherlands than Cyprus included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

Difference in imports from Netherlands () and Cyprus () (2023)

Bilateral Service Trade

Nld Year

Cyp Year

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.

Service trade data is presented based on availability.

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

Services Exports from Netherlands () to Cyprus () (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.