Cyprus / South Korea

Cyprus-South Korea Trade: In 2022, Cyprus exported $9.31M to South Korea. The main products that Cyprus exported to South Korea were Liquid Dispersing Machines ($1.69M), Scrap Copper ($1.49M), and Packaged Medicaments ($1.38M). Over the past 5 years the exports of Cyprus to South Korea have decreased at an annualized rate of 37.4%, from $96.6M in 2017 to $9.31M in 2022.

In 2020, Cyprus exported services to South Korea worth $3.43M, with Transportation ($3.43M) being the largest in terms of value.

South Korea-Cyprus Trade: In 2022, South Korea exported $208M to Cyprus. The main products that South Korea exported to Cyprus were Passenger and Cargo Ships ($158M), Cars ($22.6M), and Electric Batteries ($7.02M). Over the past 5 years the exports of South Korea to Cyprus have decreased at an annualized rate of 21.1%,  from $680M in 2017 to $208M in 2022.

In 2022, South Korea did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).