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2022
Flag → Flag
Exports $646MRnk 66 / 224
2022
Flag → Flag
Top Product $112MRefined Petroleum
2022
Flag → Flag
Exports $117MRnk 12 / 194
2022
Flag → Flag
Top Product $53.7MIndustrial Fatty Acids, Oils and Alcohols
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Netherlands-Cyprus Trade: In 2022, Netherlands exported $646M to Cyprus. The main products that Netherlands exported to Cyprus were Refined Petroleum ($112M), Packaged Medicaments ($36.5M), and Passenger and Cargo Ships ($33.3M). Over the past 5 years the exports of Netherlands to Cyprus have increased at an annualized rate of 6.48%, from $472M in 2017 to $646M in 2022.

In 2020, Netherlands exported services to Cyprus worth $257M, with Other business services ($82M), Transportation ($74.8M), and Computer and information services ($39.7M) being the largest in terms of value.

Cyprus-Netherlands Trade: In 2022, Cyprus exported $117M to Netherlands. The main products that Cyprus exported to Netherlands were Industrial Fatty Acids, Oils and Alcohols ($53.7M), Packaged Medicaments ($10.7M), and Passenger and Cargo Ships ($6.3M). Over the past 5 years the exports of Cyprus to Netherlands have decreased at an annualized rate of 0.68%,  from $121M in 2017 to $117M in 2022.

In 2020, Cyprus exported services to Netherlands worth $249M, with Transportation ($154M), Financial services ($68.5M), and Other business services ($21.7M) being the largest in terms of value.

Comparison In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11),  and 6 in total exports ($674B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €127M and imported €7M from Cyprus, resulting in a positive trade balance of €120M. Between October 2021 and October 2022 the exports of Netherlands have increased by €96M (310%) from €31M to €127M, while imports decreased by €-4M (-36.4%) from €11M to €7M.

Trade In October 2022, the top exports of Netherlands to Cyprus were Pig-iron, spiegeleisen, sponge iron, iron or... (€6M), Non-ferrous base metal waste and scrap,... (€4M), Butter and other fats and oils... (€2M), Telecommunications equipment, n.e.s., and parts, n.e.s.,... (€2M), and Other meat and edible meat offal,... (€1M). In October 2022 the top imports of Netherlands from Cyprus were Gold, non-monetary (excluding gold ores and... (€10M) and Cutlery (€1M).

Growth In October 2022, the increase in Netherlands's year-by-year exports to Cyprus was explained primarily by an increase in product exports in . In October 2022, the decrease in Netherlands's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€96M(310%)
IMPORT GROWTH (October 2021 - October 2022)€-4M(-36.4%)

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

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

For full datasets download visit Bulk Download page.

Explore Cyprus and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $646M to Cyprus. The main products exported from Netherlands to Cyprus were Refined Petroleum ($112M), Packaged Medicaments ($36.5M), and Passenger and Cargo Ships ($33.3M). During the last 5 years the exports of Netherlands to Cyprus have increased at an annualized rate of 6.48%, from $472M in 2017 to $646M in 2022.

In 2017, Cyprus exported $117M to Netherlands. The main products exported from Cyprus to Netherlands were Industrial Fatty Acids, Oils and Alcohols ($53.7M), Packaged Medicaments ($10.7M), and Passenger and Cargo Ships ($6.3M). During the last 5 years the exports of Cyprus to Netherlands have decreased at an annualized rate of 0.68%, from $121M in 2022 to $117M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Netherlands than Cyprus included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Cyprus

Flow
Scale

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

During 2022, Netherlands had a large net trade with Cyprus in the exports of Mineral Products ($139M), Machines ($103M), and Chemical Products ($73.5M).

During 2017, Cyprus had a large net trade with Netherlands in the exports of Chemical Products ($69.8M), Transportation ($10.9M), and Machines ($9.37M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Cyprus+N/AN/A
Top Product Potential Cyprus Netherlands+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Netherlands exported services to Cyprus worth $257M, with Other business services ($82M), Transportation ($74.8M), and Computer and information services ($39.7M) being the largest in terms of value.

In 2020, Cyprus exported services to Netherlands worth $249M, with Transportation ($154M), Financial services ($68.5M), and Other business services ($21.7M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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