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2022
Exports $44.4kWorld Rnk 90 / 158
Flag Rnk 642 / 1147
2022
Destination $37.4k Greece
2021 - 2022
FASTEST GROWING MARKET $37.4kGreece
2022
PRODUCT COMPLEXITY IN Industrial Furnaces0.84Rnk 229 / 1025
2022
Imports $2.03MWorld Rnk 117 / 213
Flag Rnk 480 / 1204
2022
Origin $524k Italy
2021 - 2022
FASTEST GROWING ORIGIN $524kSpain

About

Exports In 2022, Cyprus exported $44.4k in Industrial Furnaces, making it the 90th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 642nd most exported product in Cyprus. The main destination of Industrial Furnaces exports from Cyprus are: Greece ($37.4k), Italy ($5.22k), Netherlands ($790), Singapore ($760), and United Kingdom ($206).

The fastest growing export markets for Industrial Furnaces of Cyprus between 2021 and 2022 were Greece ($37.4k), Italy ($5.22k), and Singapore ($760).

Imports In 2022, Cyprus imported $2.03M in Industrial Furnaces, becoming the 117th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 480th most imported product in Cyprus. Cyprus imports Industrial Furnaces primarily from: Italy ($698k), Spain ($578k), Greece ($221k), Turkey ($148k), and China ($144k).

The fastest growing import markets in Industrial Furnaces for Cyprus between 2021 and 2022 were Spain ($524k), Greece ($190k), and China ($132k).

Latest Trends

Aug 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 Industrial Furnaces. 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)$44.4k
IMPORTS (2022)$2.03M
NET TRADE (2022)-$1.99M

In 2022, Cyprus exported $44.4k in Industrial Furnaces. The main destinations of Cyprus exports on Industrial Furnaces were Greece ($37.4k), Italy ($5.22k), Netherlands ($790), Singapore ($760), and United Kingdom ($206).

In 2022, Cyprus imported $2.03M in Industrial Furnaces, mainly from Italy ($698k), Spain ($578k), Greece ($221k), Turkey ($148k), and China ($144k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Greece$37.4k (1%)
Italy$5.22k (1%)
Singapore$760 (1%)
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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 Industrial Furnaces were:
China $1.77B
Italy $645M
Germany $576M
In 2022, Cyprus's main importing competitors in Industrial Furnaces were:
Indonesia $474M
United States $382M
India $229M

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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