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2022
Exports $805World Rnk 126 / 149
Flag Rnk 951 / 1147
2022
Destination $665 Latvia
2021 - 2022
FASTEST GROWING MARKET $665Latvia
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $6.84MWorld Rnk 84 / 158
Flag Rnk 284 / 1204
2022
Origin $6.84M Greece
2021 - 2022
FASTEST GROWING ORIGIN $6.84MGreece

About

Exports In 2022, Cyprus exported $805 in Crude Petroleum, making it the 126th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 951st most exported product in Cyprus. The main destination of Crude Petroleum exports from Cyprus are: Latvia ($665) and Netherlands ($140).

The fastest growing export markets for Crude Petroleum of Cyprus between 2021 and 2022 were Latvia ($665) and Netherlands ($101).

Imports In 2022, Cyprus imported $6.84M in Crude Petroleum, becoming the 84th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 284th most imported product in Cyprus. Cyprus imports Crude Petroleum primarily from: Greece ($6.84M), United Kingdom ($1.66k), and Netherlands ($315).

The fastest growing import markets in Crude Petroleum for Cyprus between 2021 and 2022 were Greece ($6.84M), United Kingdom ($360), and Netherlands ($310).

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 Crude Petroleum. 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)$805
IMPORTS (2022)$6.84M
NET TRADE (2022)-$6.84M

In 2022, Cyprus exported $805 in Crude Petroleum. The main destinations of Cyprus exports on Crude Petroleum were Latvia ($665) and Netherlands ($140).

In 2022, Cyprus imported $6.84M in Crude Petroleum, mainly from Greece ($6.84M), United Kingdom ($1.66k), and Netherlands ($315).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Latvia$665 (1%)
Netherlands$101 (259%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Cyprus WERE (2021 - 2022):Bulgaria-$38.7M (-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 Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Cyprus's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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