Cyprus / Russia

Cyprus-Russia Trade: In 2023, Cyprus exported $23M to Russia. The main products that Cyprus exported to Russia were Other Sea Vessels ($13.8M), Tug Boats ($5.34M), and Other Plastic Products ($2.58M). Over the past 5 years the exports of Cyprus to Russia have decreased at an annualized rate of 6.04%, from $31.5M in 2018 to $23M in 2023.

In 2020, Cyprus exported services to Russia worth $2.74B, with Financial services ($1.73B), Transportation ($447M), and Computer and information services ($404M) being the largest in terms of value.

Russia-Cyprus Trade: In 2023, Russia exported $18.3M to Cyprus. The main products that Russia exported to Cyprus were Animal Food ($4.42M), Wheat ($4.2M), and Tug Boats ($3.35M). Over the past 5 years the exports of Russia to Cyprus have decreased at an annualized rate of 52.6%,  from $766M in 2018 to $18.3M in 2023.

In 2020, Russia exported services to Cyprus worth $3.15B, with Transportation ($1.61B), Other business services ($542M), and Computer and information services ($420M) 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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).