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2022
Exports $2.38MWorld Rnk 74 / 186
Flag Rnk 157 / 1147
2022
Destination $248k Denmark
2021 - 2022
FASTEST GROWING MARKET $248kDenmark
2022
PRODUCT COMPLEXITY IN Coffee and Tea Extracts-0.5Rnk 703 / 1025
2022
Imports $24.7MWorld Rnk 74 / 221
Flag Rnk 112 / 1204
2022
Origin $3.18M Greece
2021 - 2022
FASTEST GROWING ORIGIN $3.18MChinese Taipei

About

Exports In 2022, Cyprus exported $2.38M in Coffee and Tea Extracts, making it the 74th largest exporter of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 157th most exported product in Cyprus. The main destination of Coffee and Tea Extracts exports from Cyprus are: Denmark ($1.54M), Latvia ($454k), United States ($176k), Czechia ($53.4k), and Lithuania ($50.6k).

The fastest growing export markets for Coffee and Tea Extracts of Cyprus between 2021 and 2022 were Denmark ($248k), Latvia ($234k), and United States ($176k).

Imports In 2022, Cyprus imported $24.7M in Coffee and Tea Extracts, becoming the 74th largest importer of Coffee and Tea Extracts in the world. At the same year, Coffee and Tea Extracts was the 112th most imported product in Cyprus. Cyprus imports Coffee and Tea Extracts primarily from: Greece ($11.6M), Chinese Taipei ($4.14M), Turkey ($2.58M), United Kingdom ($1M), and Netherlands ($853k).

The fastest growing import markets in Coffee and Tea Extracts for Cyprus between 2021 and 2022 were Chinese Taipei ($3.18M), United Kingdom ($293k), and Spain ($245k).

Latest Trends

Oct 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 Coffee and Tea Extracts. 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 (2022)$2.38M
IMPORTS (2022)$24.7M
NET TRADE (2022)-$22.3M

In 2022, Cyprus exported $2.38M in Coffee and Tea Extracts. The main destinations of Cyprus exports on Coffee and Tea Extracts were Denmark ($1.54M), Latvia ($454k), United States ($176k), Czechia ($53.4k), and Lithuania ($50.6k).

In 2022, Cyprus imported $24.7M in Coffee and Tea Extracts, mainly from Greece ($11.6M), Chinese Taipei ($4.14M), Turkey ($2.58M), United Kingdom ($1M), and Netherlands ($853k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee and Tea Extracts EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Denmark$248k (19.2%)
Latvia$234k (106%)
United States$176k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee and Tea Extracts BY Cyprus WERE (2021 - 2022):
Poland-$105k (-100%)
Portugal-$15.5k (-100%)
Malta-$229 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Coffee and Tea Extracts were:
Germany $992M
Brazil $722M
Spain $609M
In 2022, Cyprus's main importing competitors in Coffee and Tea Extracts were:
United States $945M
Germany $594M
Philippines $539M

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Trade Value of Coffee and Tea Extracts by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Coffee and Tea Extracts’s highest export potential is N/A. With an export gap of N/A.   Coffee and Tea Extracts’s highest import potential is N/A with an import gap of N/A.

See methodology.

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