Turkey-Cyprus In 2022, Turkey exported $1.76B to Cyprus. The main products that Turkey exported to Cyprus are Refined Petroleum ($615M), Raw Iron Bars ($69.8M), and Coal Tar Oil ($69.6M). During the last 27 years the exports of Turkey to Cyprus have increased at an annualized rate of 8.44%, from $197M in 1995 to $1.76B in 2022.
In 2009, Turkey exported services to Cyprus worth $3.1M, with Insurance services ($3.1M) being the largest in terms of value.
Cyprus-Turkey In 2022, Cyprus exported $115M to Turkey. The main products that Cyprus exported to Turkey were Citrus ($25.3M), Cheese ($18.8M), and Scrap Iron ($13.9M). During the last 27 years the exports of Cyprus to Turkey have increased at an annualized rate of 8.21%, from $13.6M in 1995 to $115M in 2022.
In 2020, Cyprus exported services to Turkey worth $1.14M, with Transportation ($1.14M) being the largest in terms of value.
Comparison In 2022, Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.