Cyprus / Sweden

Cyprus-Sweden Trade: In 2022, Cyprus exported $48.3M to Sweden. The main products that Cyprus exported to Sweden were Cheese ($32.2M), Fruit Juice ($3.66M), and Leather of Other Animals ($1.94M). Over the past 5 years the exports of Cyprus to Sweden have decreased at an annualized rate of 2.62%, from $55.1M in 2017 to $48.3M in 2022.

In 2020, Cyprus exported services to Sweden worth $20.6M, with Transportation ($6.85M), Other business services ($6.85M), and Financial services ($5.71M) being the largest in terms of value.

Sweden-Cyprus Trade: In 2022, Sweden exported $72.9M to Cyprus. The main products that Sweden exported to Cyprus were Gas Turbines ($23.8M), Sawn Wood ($5.81M), and Cars ($4.16M). Over the past 5 years the exports of Sweden to Cyprus have increased at an annualized rate of 9.32%,  from $46.7M in 2017 to $72.9M in 2022.

In 2020, Sweden exported services to Cyprus worth $75.7M, with Transportation ($22.6M), Computer and information services ($20.9M), and Other business services ($17.9M) 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).