2022
Exports
$3MWorld Rnk 78 / 155
Flag Rnk 131 / 1147
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$12.4MWorld Rnk 110 / 219
Flag Rnk 188 / 1204

About

Exports In 2022, Cyprus exported $3M in Margarine, making it the 78th largest exporter of Margarine in the world. At the same year, Margarine was the 131st most exported product in Cyprus. The main destination of Margarine exports from Cyprus are: Greece ($1.6M), Hungary ($911k), Ukraine ($428k), Spain ($21.2k), and Egypt ($19.1k).

The fastest growing export markets for Margarine of Cyprus between 2021 and 2022 were Hungary ($810k), Greece ($160k), and Spain ($21.2k).

Imports In 2022, Cyprus imported $12.4M in Margarine, becoming the 110th largest importer of Margarine in the world. At the same year, Margarine was the 188th most imported product in Cyprus. Cyprus imports Margarine primarily from: Turkey ($3.45M), Greece ($3M), United Kingdom ($1.32M), Belgium ($960k), and Netherlands ($802k).

The fastest growing import markets in Margarine for Cyprus between 2021 and 2022 were Turkey ($835k), United Kingdom ($356k), and Spain ($317k).

Latest Trends

Jul 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 Margarine. 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)$3M
IMPORTS (2022)$12.4M
NET TRADE (2022)-$9.44M

In 2022, Cyprus exported $3M in Margarine. The main destinations of Cyprus exports on Margarine were Greece ($1.6M), Hungary ($911k), Ukraine ($428k), Spain ($21.2k), and Egypt ($19.1k).

In 2022, Cyprus imported $12.4M in Margarine, mainly from Turkey ($3.45M), Greece ($3M), United Kingdom ($1.32M), Belgium ($960k), and Netherlands ($802k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Hungary$810k (797%)
Greece$160k (11.1%)
Spain$21.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Cyprus WERE (2021 - 2022):
Ukraine-$461k (-51.8%)
Sweden-$246k (-100%)
Netherlands-$65.9k (-97.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Margarine were:
In 2022, Cyprus's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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