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Exports In 2023, Cyprus exported $4.69M in Butter, making it the 50th largest exporter of Butter in the world. At the same year, Butter was the 97th most exported product in Cyprus. The main destination of Butter exports from Cyprus are: Italy ($4.39M), Turkey ($267k), Greece ($16k), Germany ($13.9k), and Netherlands ($8.84k).

The fastest growing export markets for Butter of Cyprus between 2022 and 2023 were Italy ($4.39M), Turkey ($267k), and Greece ($13.2k).

Imports In 2023, Cyprus imported $12.4M in Butter, becoming the 70th largest importer of Butter in the world. At the same year, Butter was the 193rd most imported product in Cyprus. Cyprus imports Butter primarily from: Ireland ($2.42M), Germany ($2.19M), Greece ($2.19M), Turkey ($1.55M), and Denmark ($1.31M).

The fastest growing import markets in Butter for Cyprus between 2022 and 2023 were Turkey ($1.53M), Greece ($479k), and Ireland ($382k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Butter. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$4.69M
IMPORTS (2023)$12.4M
NET TRADE (2023)-$7.73M

In 2023, Cyprus exported $4.69M in Butter. The main destinations of Cyprus exports on Butter were Italy ($4.39M), Turkey ($267k), Greece ($16k), Germany ($13.9k), and Netherlands ($8.84k).

In 2023, Cyprus imported $12.4M in Butter, mainly from Ireland ($2.42M), Germany ($2.19M), Greece ($2.19M), Turkey ($1.55M), and Denmark ($1.31M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
Italy$4.39M (1%)
Turkey$267k (1%)
Greece$13.2k (474%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Cyprus WERE (2022 - 2023):
France-$19.6M (-100%)
Belgium-$1.02M (-100%)
Saudi Arabia-$35.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Butter were:
In 2023, Cyprus's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

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Butter’s highest export potential is N/A. With an export gap of N/A.   Butter’s highest import potential is N/A with an import gap of N/A.

See methodology.

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