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Pricing

2022
Flag → Flag
Exports $177MRnk 55 / 210
2022
Flag → Flag
Top Product $89.6MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $21.6MRnk 41 / 194
2022
Flag → Flag
Top Product $10.6MPlanes, Helicopters, and/or Spacecraft
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
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 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
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GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Ireland-Cyprus Trade: In 2022, Ireland exported $177M to Cyprus. The main products that Ireland exported to Cyprus were Planes, Helicopters, and/or Spacecraft ($89.6M), Scented Mixtures ($41.1M), and Packaged Medicaments ($8.23M). Over the past 5 years the exports of Ireland to Cyprus have increased at an annualized rate of 42.6%, from $29.9M in 2017 to $177M in 2022.

In 2020, Ireland exported services to Cyprus worth $40M, with Insurance services ($19.4M), Transportation ($10.3M), and Financial services ($6.85M) being the largest in terms of value.

Cyprus-Ireland Trade: In 2022, Cyprus exported $21.6M to Ireland. The main products that Cyprus exported to Ireland were Planes, Helicopters, and/or Spacecraft ($10.6M), Computers ($2.66M), and Cheese ($2.04M). Over the past 5 years the exports of Cyprus to Ireland have increased at an annualized rate of 26.2%,  from $6.73M in 2017 to $21.6M in 2022.

In 2020, Cyprus exported services to Ireland worth $187M, with Computer and information services ($160M), Financial services ($22.8M), and Transportation ($3.43M) being the largest in terms of value.

Comparison In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27),  and 31 in total exports ($236B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

August, 2024

About

Overview In August 2024, Ireland exported €7.27M and imported €450k from Cyprus, resulting in a positive trade balance of €6.82M. Between August 2023 and August 2024 the exports of Ireland have increased by €90k (1.25%) from €7.18M to €7.27M, while imports decreased by €-147k (-24.7%) from €597k to €450k.

Trade In August 2024, the top exports of Ireland to Cyprus were Essential oils, perfume materials, toilet preparations... (€5.75M), Medicinal and pharmaceutical products (€753k), Miscellaneous edible products and preparations (€445k), Beverages (€402k), and Office machines and automatic data processing... (€330k). In August 2024 the top imports of Ireland from Cyprus were Unclassified estimates (€235k), Plastics in non-primary forms (€69k), Medicinal and pharmaceutical products (€43k), Non-metallic mineral manufactures, n.e.s. (€34k), and Professional, scientific and controlling apparatus (€30k).

Growth In August 2024, the increase in Ireland's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Beverages (€382k or 1.91k%), Medicinal and pharmaceutical products (€157k or 26.3%), and Miscellaneous manufactured articles, n.e.s. (€143k or 292%). In August 2024, the decrease in Ireland's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in Office machines and automatic data processing... (€-1.01M or -100%), Meat and meat preparations (€-67k or -100%), and Non-metallic mineral manufactures, n.e.s. (€-23k or -40.4%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€90k(1.25%)
IMPORT GROWTH (August 2023 - August 2024)€-147k(-24.7%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Cyprus and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $177M to Cyprus. The main products exported from Ireland to Cyprus were Planes, Helicopters, and/or Spacecraft ($89.6M), Scented Mixtures ($41.1M), and Packaged Medicaments ($8.23M). During the last 5 years the exports of Ireland to Cyprus have increased at an annualized rate of 42.6%, from $29.9M in 2017 to $177M in 2022.

In 2017, Cyprus exported $21.6M to Ireland. The main products exported from Cyprus to Ireland were Planes, Helicopters, and/or Spacecraft ($10.6M), Computers ($2.66M), and Cheese ($2.04M). During the last 5 years the exports of Cyprus to Ireland have increased at an annualized rate of 26.2%, from $6.73M in 2022 to $21.6M in 2017.

Exports from Ireland (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Ireland (Flag) (2022)

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Ireland than Cyprus included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Cyprus than Ireland included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

Difference in imports from Cyprus (Flag) and Ireland (Flag) (2022)

Comparative Advantage Ireland - Cyprus

Flow
Scale

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

During 2022, Ireland had a large net trade with Cyprus in the exports of Transportation ($95M), Chemical Products ($54.5M), and Foodstuffs ($11.9M).

During 2017, Cyprus had a large net trade with Ireland in the exports of Transportation ($10.6M), Machines ($2.96M), and Animal Products ($2.04M).

Bilateral Service Trade

In 2020, Ireland exported services to Cyprus worth $40M, with Insurance services ($19.4M), Transportation ($10.3M), and Financial services ($6.85M) being the largest in terms of value.

In 2020, Cyprus exported services to Ireland worth $187M, with Computer and information services ($160M), Financial services ($22.8M), and Transportation ($3.43M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Ireland (Flag) to Cyprus (Flag) (2020)

Services Exports from Cyprus (Flag) to Ireland (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Ireland (Flag) and Cyprus (Flag) (2022)

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