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Exports In 2023, Cyprus exported $4.17M in Wine, making it the 64th largest exporter of Wine in the world. At the same year, Wine was the 108th most exported product in Cyprus. The main destination of Wine exports from Cyprus are: Denmark ($2.11M), United States ($472k), Greece ($306k), Israel ($155k), and China ($145k).

The fastest growing export markets for Wine of Cyprus between 2022 and 2023 were Denmark ($712k), United States ($272k), and Finland ($80.5k).

Imports In 2023, Cyprus imported $43.3M in Wine, becoming the 60th largest importer of Wine in the world. At the same year, Wine was the 55th most imported product in Cyprus. Cyprus imports Wine primarily from: Italy ($12.7M), France ($9.62M), Greece ($9.47M), Turkey ($1.96M), and Germany ($1.91M).

The fastest growing import markets in Wine for Cyprus between 2022 and 2023 were Italy ($1.8M), Netherlands ($783k), and Germany ($517k).

Latest Trends

Dec 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 Wine. 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)$4.17M
IMPORTS (2023)$43.3M
NET TRADE (2023)-$39.1M

In 2023, Cyprus exported $4.17M in Wine. The main destinations of Cyprus exports on Wine were Denmark ($2.11M), United States ($472k), Greece ($306k), Israel ($155k), and China ($145k).

In 2023, Cyprus imported $43.3M in Wine, mainly from Italy ($12.7M), France ($9.62M), Greece ($9.47M), Turkey ($1.96M), and Germany ($1.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
Denmark$712k (51%)
United States$272k (136%)
Finland$80.5k (2.04k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Cyprus WERE (2022 - 2023):
Israel-$712k (-82.1%)
Kenya-$163k (-100%)
Tunisia-$90k (-50.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Wine were:
France $13.6B
Italy $8.73B
Spain $3.78B
In 2023, Cyprus's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

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

See methodology.

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