Cyprus / Singapore

Cyprus-Singapore Trade: In 2022, Cyprus exported $92M to Singapore. The main products that Cyprus exported to Singapore were Passenger and Cargo Ships ($57M), Tug Boats ($11.2M), and Refined Petroleum ($8.98M). Over the past 5 years the exports of Cyprus to Singapore have decreased at an annualized rate of 7.82%, from $138M in 2017 to $92M in 2022.

In 2020, Cyprus exported services to Singapore worth $241M, with Transportation ($216M), Financial services ($22.8M), and Computer and information services ($1.14M) being the largest in terms of value.

Singapore-Cyprus Trade: In 2022, Singapore exported $262M to Cyprus. The main products that Singapore exported to Cyprus were Other Sea Vessels ($211M), Passenger and Cargo Ships ($22.3M), and Tug Boats ($9.34M). Over the past 5 years the exports of Singapore to Cyprus have increased at an annualized rate of 55.6%,  from $28.7M in 2017 to $262M in 2022.

In 2022, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.68), and 21 in total exports ($379B).