Sign In
Pricing

2022
Exports $512MWorld Rnk 77 / 214
Flag Rnk 2 / 1147
2022
Destination $51.5M Lebanon
2021 - 2022
FASTEST GROWING MARKET $51.5MNigeria
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $2.93BWorld Rnk 73 / 225
Flag Rnk 1 / 1204
2022
Origin $323M Israel
2021 - 2022
FASTEST GROWING ORIGIN $323MIsrael

About

Exports In 2022, Cyprus exported $512M in Refined Petroleum, making it the 77th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 2nd most exported product in Cyprus. The main destination of Refined Petroleum exports from Cyprus are: Lebanon ($301M), Nigeria ($51.5M), Togo ($44M), Yemen ($38.2M), and Gibraltar ($32.9M).

The fastest growing export markets for Refined Petroleum of Cyprus between 2021 and 2022 were Nigeria ($51.5M), Togo ($44M), and Yemen ($38.2M).

Imports In 2022, Cyprus imported $2.93B in Refined Petroleum, becoming the 73rd largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Cyprus. Cyprus imports Refined Petroleum primarily from: Israel ($723M), Greece ($707M), Turkey ($615M), Italy ($416M), and Netherlands ($112M).

The fastest growing import markets in Refined Petroleum for Cyprus between 2021 and 2022 were Israel ($323M), Italy ($269M), and Turkey ($236M).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Refined Petroleum. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$512M
IMPORTS (2022)$2.93B
NET TRADE (2022)-$2.42B

In 2022, Cyprus exported $512M in Refined Petroleum. The main destinations of Cyprus exports on Refined Petroleum were Lebanon ($301M), Nigeria ($51.5M), Togo ($44M), Yemen ($38.2M), and Gibraltar ($32.9M).

In 2022, Cyprus imported $2.93B in Refined Petroleum, mainly from Israel ($723M), Greece ($707M), Turkey ($615M), Italy ($416M), and Netherlands ($112M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Nigeria$51.5M (1%)
Togo$44M (1%)
Yemen$38.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Cyprus WERE (2021 - 2022):
Kenya-$65.1M (-99.9%)
Libya-$63.6M (-78.8%)
Italy-$16.7M (-99.9%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Cyprus's main exporting competitors in Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Cyprus's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

Explore Visualizations

Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms