2023
Exports
$216MWorld Rnk 84 / 226
Flag Rnk 5 / 96
2023
PRODUCT COMPLEXITY IN Electrical machinery and electronics
1.73Rnk 19 / 1025
2023
Imports
$789MWorld Rnk 109 / 226
Flag Rnk 5 / 96

About

Exports In 2023, Cyprus exported $216M in Electrical machinery and electronics, making it the 84th largest exporter of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 5th most exported product in Cyprus. The main destination of Electrical machinery and electronics exports from Cyprus are: Greece ($125M), Indonesia ($7.46M), France ($6.4M), United States ($5.94M), and Ukraine ($5.24M).

The fastest growing export markets for Electrical machinery and electronics of Cyprus between 2022 and 2023 were Ukraine ($5.23M), Sweden ($2.38M), and Indonesia ($1.68M).

Imports In 2023, Cyprus imported $789M in Electrical machinery and electronics, becoming the 109th largest importer of Electrical machinery and electronics in the world. At the same year, Electrical machinery and electronics was the 5th most imported product in Cyprus. Cyprus imports Electrical machinery and electronics primarily from: Greece ($277M), China ($110M), Turkey ($58.2M), Germany ($48.5M), and Netherlands ($37.3M).

The fastest growing import markets in Electrical machinery and electronics for Cyprus between 2022 and 2023 were Greece ($26.6M), China ($7.35M), and Lebanon ($4.76M).

COMPANIES In 2024, leading companies such as Samsung (2) and YAMAHA CORPORATION OF AMERICA (1) were at the forefront of shipping Electrical machinery and electronics from Cyprus to the United States.

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 Electrical machinery and electronics. 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)$216M
IMPORTS (2023)$789M
NET TRADE (2023)-$573M

In 2023, Cyprus exported $216M in Electrical machinery and electronics. The main destinations of Cyprus exports on Electrical machinery and electronics were Greece ($125M), Indonesia ($7.46M), France ($6.4M), United States ($5.94M), and Ukraine ($5.24M).

In 2023, Cyprus imported $789M in Electrical machinery and electronics, mainly from Greece ($277M), China ($110M), Turkey ($58.2M), Germany ($48.5M), and Netherlands ($37.3M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electrical machinery and electronics EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
Ukraine$5.23M (41.6k%)
Sweden$2.38M (486%)
Indonesia$1.68M (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical machinery and electronics BY Cyprus WERE (2022 - 2023):
Greece-$23.7M (-15.9%)
United States-$17.2M (-74.3%)
France-$7.6M (-54.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Electrical machinery and electronics were:
In 2023, Cyprus's main importing competitors in Electrical machinery and electronics were:

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Trade Value of Electrical machinery and electronics by Exporters

Potential Exports

Potential Exports

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

Electrical machinery and electronics’s highest export potential is N/A. With an export gap of N/A.   Electrical machinery and electronics’s highest import potential is N/A with an import gap of N/A.

See methodology.

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