Ukraine (UKR) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Ukraine-Cyprus Trade: In 2022, Ukraine exported $56.6M to Cyprus. The main products that Ukraine exported to Cyprus were Corn ($20.8M), Barley ($15.7M), and Seed Oils ($5.63M). Over the past 5 years the exports of Ukraine to Cyprus have decreased at an annualized rate of 6.91%, from $81M in 2017 to $56.6M in 2022.

In 2020, Ukraine exported services to Cyprus worth $400M, with Computer and information services ($201M), Transportation ($123M), and Other business services ($45.9M) being the largest in terms of value.

Cyprus-Ukraine Trade: In 2022, Cyprus exported $16.5M to Ukraine. The main products that Cyprus exported to Ukraine were Packaged Medicaments ($8.26M), Refined Petroleum ($5M), and Recreational Boats ($1.17M). Over the past 5 years the exports of Cyprus to Ukraine have decreased at an annualized rate of 5.94%, from $22.5M in 2017 to $16.5M in 2022.

In 2022, Cyprus did not export any services to Ukraine.

Comparison In 2022, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ukraine exported $56.6M to Cyprus. The main products exported from Ukraine to Cyprus were Corn ($20.8M), Barley ($15.7M), and Seed Oils ($5.63M). During the last 5 years the exports of Ukraine to Cyprus have decreased at an annualized rate of 6.91%, from $81M in 2017 to $56.6M in 2022.

In 2017, Cyprus exported $16.5M to Ukraine. The main products exported from Cyprus to Ukraine were Packaged Medicaments ($8.26M), Refined Petroleum ($5M), and Recreational Boats ($1.17M). During the last 5 years the exports of Cyprus to Ukraine have decreased at an annualized rate of 5.94%, from $22.5M in 2022 to $16.5M in 2017.

Exports from Ukraine () to Cyprus () (2022)

Exports from Cyprus () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Cyprus ()

Ukraine Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ukraine
Top DestinationPoland$6.7B

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Ukraine than Cyprus included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Cyprus than Ukraine included Hong Kong ($482M), Greece ($471M), and Liberia ($255M).

Difference in imports from Cyprus () and Ukraine () (2022)

Comparative Advantage Ukraine - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ukraine had a large net trade with Cyprus in the exports of Vegetable Products ($39.1M), Animal and Vegetable Bi-Products ($6.65M), and Chemical Products ($3.86M).

During 2017, Cyprus had a large net trade with Ukraine in the exports of Chemical Products ($8.48M), Mineral Products ($5M), and Transportation ($1.19M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ukraine () to Cyprus () (2022)

Exports from Cyprus () to Ukraine () (2022)

Latest Data

Trade between Ukraine () and Cyprus ()

Ukraine Exports

Cyprus Exports

Market Competitiveness

Difference in imports from Cyprus () and Ukraine () (2022)

Comparative Advantage Ukraine - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Ukraine () and Cyprus () (2022)

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