Cyprus / Austria

Cyprus-Austria Trade: In 2022, Cyprus exported $27.9M to Austria. The main products that Cyprus exported to Austria were Cheese ($7.06M), Ferroalloys ($4.52M), and Packaged Medicaments ($2.05M). Over the past 5 years the exports of Cyprus to Austria have increased at an annualized rate of 4.38%, from $22.5M in 2017 to $27.9M in 2022.

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 2022, Austria exported $89.6M to Cyprus. The main products that Austria exported to Cyprus were Orthopedic Appliances ($9.19M), Electrical Transformers ($7.09M), and Cars ($3.43M). Over the past 5 years the exports of Austria to Cyprus have increased at an annualized rate of 3.7%,  from $67M in 2017 to $89.6M in 2022.

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 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B).