Cyprus / Austria

Cyprus-Austria Trade: In 2023, Cyprus exported $18.9M to Austria. The main products that Cyprus exported to Austria were Cheese ($8.57M), Packaged Medicaments ($3.31M), and Broadcasting Equipment ($1.01M). Over the past 5 years the exports of Cyprus to Austria have decreased at an annualized rate of 3.7%, from $22.8M in 2018 to $18.9M in 2023.

In 2020, Cyprus exported services to Austria worth $29.7M, with Travel ($10.3M), Insurance services ($9.14M), and Financial services ($6.85M) being the largest in terms of value.

Austria-Cyprus Trade: In 2023, Austria exported $81.9M to Cyprus. The main products that Austria exported to Cyprus were Electrical Transformers ($8.28M), Flavored Water ($5.05M), and Cars ($2.84M). Over the past 5 years the exports of Austria to Cyprus have increased at an annualized rate of 3.63%,  from $68.5M in 2018 to $81.9M in 2023.

In 2020, Austria exported services to Cyprus worth $152M, with Transportation ($41.1M), Computer and information services ($32M), and Communications services ($28.6M) being the largest in terms of value.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B).