Cyprus / Luxembourg

Cyprus-Luxembourg Trade: In 2022, Cyprus exported $2.36M to Luxembourg. The main products that Cyprus exported to Luxembourg were Cheese ($844k), Titanium ($399k), and Potatoes ($379k). Over the past 5 years the exports of Cyprus to Luxembourg have decreased at an annualized rate of 10.4%, from $4.09M in 2017 to $2.36M in 2022.

In 2020, Cyprus exported services to Luxembourg worth $17.1M, with Other business services ($11.4M), Royalties and license fees ($4.57M), and Transportation ($1.14M) being the largest in terms of value.

Luxembourg-Cyprus Trade: In 2022, Luxembourg exported $6.87M to Cyprus. The main products that Luxembourg exported to Cyprus were Titanium ($1.2M), Iron Blocks ($1.07M), and Precious Metal Watches ($711k). Over the past 5 years the exports of Luxembourg to Cyprus have decreased at an annualized rate of 6.51%,  from $9.62M in 2017 to $6.87M in 2022.

In 2020, Luxembourg exported services to Cyprus worth $61.7M, with Other business services ($46.8M) and Transportation ($14.8M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B). That same year, Luxembourg ranked 78 in total exports ($20.5B). Both countries does not have data related to Economic Complexity Index.