Israel / Cyprus

Israel-Cyprus Trade: In 2022, Israel exported $827M to Cyprus. The main products that Israel exported to Cyprus were Refined Petroleum ($723M), Passenger and Cargo Ships ($34M), and Telephones ($3.8M). Over the past 5 years the exports of Israel to Cyprus have increased at an annualized rate of 19%, from $347M in 2017 to $827M in 2022.

In 2012, Israel exported services to Cyprus worth $646M, with Computer and information services ($646M) being the largest in terms of value.

Cyprus-Israel Trade: In 2022, Cyprus exported $254M to Israel. The main products that Cyprus exported to Israel were Other Vegetable Residues ($46.3M), Cement ($39.8M), and Non-fillet Fresh Fish ($30.2M). Over the past 5 years the exports of Cyprus to Israel have decreased at an annualized rate of 2.9%,  from $294M in 2017 to $254M in 2022.

In 2009, Cyprus exported services to Israel worth $145M, with Transportation ($86M), Travel ($32.1M), and Other business services ($13.2M) being the largest in terms of value.

Comparison In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23),  and 49 in total exports ($76.9B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.