2022
Exports
$13MWorld Rnk 91 / 222
Flag Rnk 49 / 1147
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$94.2MWorld Rnk 100 / 225
Flag Rnk 16 / 1204

About

Exports In 2022, Cyprus exported $13M in Insulated Wire, making it the 91st largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 49th most exported product in Cyprus. The main destination of Insulated Wire exports from Cyprus are: Greece ($5.99M), Belgium ($3.1M), United Kingdom ($803k), Israel ($740k), and Italy ($653k).

The fastest growing export markets for Insulated Wire of Cyprus between 2021 and 2022 were Greece ($867k), Belgium ($678k), and Italy ($603k).

Imports In 2022, Cyprus imported $94.2M in Insulated Wire, becoming the 100th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 16th most imported product in Cyprus. Cyprus imports Insulated Wire primarily from: Turkey ($16.4M), China ($14.9M), Greece ($14.5M), United Kingdom ($11.1M), and Italy ($5.97M).

The fastest growing import markets in Insulated Wire for Cyprus between 2021 and 2022 were Turkey ($4.6M), United Kingdom ($4.24M), and China ($4.01M).

Latest Trends

Sep 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 Insulated Wire. 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)$13M
IMPORTS (2022)$94.2M
NET TRADE (2022)-$81.3M

In 2022, Cyprus exported $13M in Insulated Wire. The main destinations of Cyprus exports on Insulated Wire were Greece ($5.99M), Belgium ($3.1M), United Kingdom ($803k), Israel ($740k), and Italy ($653k).

In 2022, Cyprus imported $94.2M in Insulated Wire, mainly from Turkey ($16.4M), China ($14.9M), Greece ($14.5M), United Kingdom ($11.1M), and Italy ($5.97M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Greece$867k (16.9%)
Belgium$678k (28%)
Italy$603k (1.22k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Cyprus WERE (2021 - 2022):
Spain-$483k (-71.4%)
United Kingdom-$441k (-35.5%)
Israel-$213k (-22.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Insulated Wire were:
In 2022, Cyprus's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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