Cyprus (CYP) and Ukraine (UKR) Trade | The Observatory of Economic Complexity

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Cyprus-Ukraine Trade: In 2022, Cyprus exported $16.5M to Ukraine. The main products that Cyprus exported to Ukraine were Packaged Medicaments ($8.26M), Refined Petroleum ($5M), and Recreational Boats ($1.17M). Over the past 5 years the exports of Cyprus to Ukraine have decreased at an annualized rate of 5.94%, from $22.5M in 2017 to $16.5M in 2022.

In 2022, Cyprus did not export any services to Ukraine.

Ukraine-Cyprus Trade: In 2022, Ukraine exported $56.6M to Cyprus. The main products that Ukraine exported to Cyprus were Corn ($20.8M), Barley ($15.7M), and Seed Oils ($5.63M). Over the past 5 years the exports of Ukraine to Cyprus have decreased at an annualized rate of 6.91%, from $81M in 2017 to $56.6M in 2022.

In 2020, Ukraine exported services to Cyprus worth $400M, with Computer and information services ($201M), Transportation ($123M), and Other business services ($45.9M) 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $16.5M to Ukraine. The main products exported from Cyprus to Ukraine were Packaged Medicaments ($8.26M), Refined Petroleum ($5M), and Recreational Boats ($1.17M). During the last 5 years the exports of Cyprus to Ukraine have decreased at an annualized rate of 5.94%, from $22.5M in 2017 to $16.5M in 2022.

In 2017, Ukraine exported $56.6M to Cyprus. The main products exported from Ukraine to Cyprus were Corn ($20.8M), Barley ($15.7M), and Seed Oils ($5.63M). During the last 5 years the exports of Ukraine to Cyprus have decreased at an annualized rate of 6.91%, from $81M in 2022 to $56.6M in 2017.

Exports from Cyprus () to Ukraine () (2022)

Exports from Ukraine () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Ukraine ()

Cyprus Exports

Date

Ukraine Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Ukraine
Top DestinationPoland$6.7B

This map shows whether countries import more from Cyprus or Ukraine. Each country is colored based on the difference in imports they receive from Cyprus and Ukraine or the difference in the growth in imports.

In 2022, countries that imported more from Cyprus than Ukraine included Hong Kong ($482M), Greece ($471M), and Liberia ($255M).

In 2022, countries that imported more from Ukraine than Cyprus included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

Difference in imports from Ukraine () and Cyprus () (2022)

Comparative Advantage Cyprus - Ukraine

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Cyprus and Ukraine by product, considering products traded by both, Cyprus and Ukraine.

During 2022, Cyprus had a large net trade with Ukraine in the exports of Chemical Products ($8.48M), Mineral Products ($5M), and Transportation ($1.19M).

During 2017, Ukraine had a large net trade with Cyprus in the exports of Vegetable Products ($39.1M), Animal and Vegetable Bi-Products ($6.65M), and Chemical Products ($3.86M).

Bilateral Service Trade

Ukr Year

In 2020, Ukraine exported services to Cyprus worth $400M, with Computer and information services ($201M), Transportation ($123M), and Other business services ($45.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ukraine () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Cyprus and Ukraine. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Ukraine. Similarly, a dot/product with the flag of Ukraine indicates it has a comparative advantage over Cyprus.

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Ukraine () (2022)

Exports from Ukraine () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Ukraine ()

Cyprus Exports

Ukraine Exports

Market Competitiveness

Difference in imports from Ukraine () and Cyprus () (2022)

Comparative Advantage Cyprus - Ukraine

Bilateral Service Trade

Services Exports from Ukraine () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Ukraine () (2022)

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