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Exports In 2023, Cyprus exported $41.7M in Tug Boats, making it the 19th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 14th most exported product in Cyprus. The main destination of Tug Boats exports from Cyprus are: Norway ($32.8M), Russia ($5.34M), United Kingdom ($1.16M), Oman ($1.1M), and Latvia ($786k).

The fastest growing export markets for Tug Boats of Cyprus between 2022 and 2023 were Norway ($32.8M), United Kingdom ($1.16M), and Oman ($1.1M).

Imports In 2023, Cyprus imported $72.9M in Tug Boats, becoming the 10th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 33rd most imported product in Cyprus. Cyprus imports Tug Boats primarily from: Norway ($49.2M), Netherlands ($9.24M), Turkey ($6.45M), Russia ($3.35M), and Marshall Islands ($1.84M).

The fastest growing import markets in Tug Boats for Cyprus between 2022 and 2023 were Norway ($49.2M), Netherlands ($9.24M), and Turkey ($6.45M).

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 Tug Boats. 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)$41.7M
IMPORTS (2023)$72.9M
NET TRADE (2023)-$31.1M

In 2023, Cyprus exported $41.7M in Tug Boats. The main destinations of Cyprus exports on Tug Boats were Norway ($32.8M), Russia ($5.34M), United Kingdom ($1.16M), Oman ($1.1M), and Latvia ($786k).

In 2023, Cyprus imported $72.9M in Tug Boats, mainly from Norway ($49.2M), Netherlands ($9.24M), Turkey ($6.45M), Russia ($3.35M), and Marshall Islands ($1.84M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
Norway$32.8M (1%)
United Kingdom$1.16M (1%)
Oman$1.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Cyprus WERE (2022 - 2023):
Singapore-$11.2M (-100%)
Saudi Arabia-$7.38M (-100%)
Georgia-$4.42M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Tug Boats were:
In 2023, Cyprus's main importing competitors in Tug Boats were:

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

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

See methodology.

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