Finland (FIN) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Finland-Cyprus Trade: In 2022, Finland exported $42.4M to Cyprus. The main products that Finland exported to Cyprus were N/A. Over the past 5 years the exports of Finland to Cyprus have decreased at an annualized rate of 36.2%, from $402M in 2017 to $42.4M in 2022.

In 2020, Finland exported services to Cyprus worth $34.3M, with Transportation ($16M), Computer and information services ($10.3M), and Travel ($3.43M) being the largest in terms of value.

Cyprus-Finland Trade: In 2022, Cyprus exported $11.6M to Finland. The main products that Cyprus exported to Finland were Cheese ($7.95M), Packaged Medicaments ($1.66M), and Centrifuges ($363k). Over the past 5 years the exports of Cyprus to Finland have increased at an annualized rate of 9.21%, from $5.72M in 2017 to $11.6M in 2022.

In 2020, Cyprus exported services to Finland worth $1.14M, with Transportation ($1.14M) being the largest in terms of value.

Comparison In 2022, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Finland exported $42.4M to Cyprus. There were not main exports from Finland to Cyprus in 2022. During the last 5 years the exports of Finland to Cyprus have decreased at an annualized rate of 36.2%, from $402M in 2017 to $42.4M in 2022.

In 2017, Cyprus exported $11.6M to Finland. The main products exported from Cyprus to Finland were Cheese ($7.95M), Packaged Medicaments ($1.66M), and Centrifuges ($363k). During the last 5 years the exports of Cyprus to Finland have increased at an annualized rate of 9.21%, from $5.72M in 2022 to $11.6M in 2017.

Exports from Finland () to Cyprus () (2022)

Exports from Cyprus () to Finland () (2022)

Latest Data

Trade between Finland () and Cyprus ()

Finland Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Finland
Top DestinationGermany$9.99B

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Finland than Cyprus included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

In 2022, countries that imported more from Cyprus than Finland included Hong Kong ($482M), Lebanon ($329M), and Liberia ($255M).

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

Comparative Advantage Finland - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Finland had a large net trade with Cyprus in the exports of N/A.

During 2017, Cyprus had a large net trade with Finland in the exports of Animal Products ($7.95M), Chemical Products ($1.75M), and Machines ($736k).

Bilateral Service Trade

Cyp Year

Fin Year

In 2020, Finland exported services to Cyprus worth $34.3M, with Transportation ($16M), Computer and information services ($10.3M), and Travel ($3.43M) being the largest in terms of value.

In 2020, Cyprus exported services to Finland worth $1.14M, with Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Finland () to Cyprus () (2022)

Exports from Cyprus () to Finland () (2022)

Latest Data

Trade between Finland () and Cyprus ()

Finland Exports

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Finland - Cyprus

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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