2023
Exports
$73.3MWorld Rnk 19 / 108
Flag Rnk 7 / 1156
2023
PRODUCT COMPLEXITY IN Other Sea Vessels
-0.41Rnk 668 / 1025
2023
Imports
$58.9MWorld Rnk 21 / 186
Flag Rnk 39 / 1204

About

Exports In 2023, Cyprus exported $73.3M in Other Sea Vessels, making it the 19th largest exporter of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 7th most exported product in Cyprus. The main destination of Other Sea Vessels exports from Cyprus are: South Korea ($31M), Hong Kong ($16.3M), Russia ($13.8M), United Kingdom ($5.15M), and Marshall Islands ($4.6M).

The fastest growing export markets for Other Sea Vessels of Cyprus between 2022 and 2023 were South Korea ($31M), Hong Kong ($16.3M), and Russia ($13.8M).

Imports In 2023, Cyprus imported $58.9M in Other Sea Vessels, becoming the 21st largest importer of Other Sea Vessels in the world. At the same year, Other Sea Vessels was the 39th most imported product in Cyprus. Cyprus imports Other Sea Vessels primarily from: China ($32.9M), United States ($14.7M), Croatia ($7.99M), Russia ($2.17M), and Germany ($826k).

The fastest growing import markets in Other Sea Vessels for Cyprus between 2022 and 2023 were China ($20M), Croatia ($7.99M), and Russia ($2.17M).

Latest Trends

Jan 2025

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 Other Sea Vessels. 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)$73.3M
IMPORTS (2023)$58.9M
NET TRADE (2023)$14.4M

In 2023, Cyprus exported $73.3M in Other Sea Vessels. The main destinations of Cyprus exports on Other Sea Vessels were South Korea ($31M), Hong Kong ($16.3M), Russia ($13.8M), United Kingdom ($5.15M), and Marshall Islands ($4.6M).

In 2023, Cyprus imported $58.9M in Other Sea Vessels, mainly from China ($32.9M), United States ($14.7M), Croatia ($7.99M), Russia ($2.17M), and Germany ($826k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Sea Vessels EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
South Korea$31M (1%)
Hong Kong$16.3M (1%)
Russia$13.8M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Sea Vessels BY Cyprus WERE (2022 - 2023):
Singapore-$386k (-100%)
Norway-$156k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Other Sea Vessels were:
In 2023, Cyprus's main importing competitors in Other Sea Vessels were:

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Trade Value of Other Sea Vessels by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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