Singapore / Cyprus

Singapore-Cyprus Trade: In 2023, Singapore exported $20.9M to Cyprus. The main products that Singapore exported to Cyprus were Passenger and Cargo Ships ($6.41M), Packaged Medicaments ($3.46M), and Flavored Water ($1.77M). Over the past 5 years the exports of Singapore to Cyprus have decreased at an annualized rate of 13.5%, from $43.1M in 2018 to $20.9M in 2023.

In 2023, Singapore did not export any services to Cyprus.

Cyprus-Singapore Trade: In 2023, Cyprus exported $40.1M to Singapore. The main products that Cyprus exported to Singapore were Passenger and Cargo Ships ($20.9M), Packaged Medicaments ($5.78M), and Fruit Juice ($2.65M). Over the past 5 years the exports of Cyprus to Singapore have decreased at an annualized rate of 15.3%,  from $92.1M in 2018 to $40.1M in 2023.

In 2020, Cyprus exported services to Singapore worth $241M, with Transportation ($216M), Financial services ($22.8M), and Computer and information services ($1.14M) being the largest in terms of value.

Comparison In 2023,  Singapore ranked 6 in the Economic Complexity Index (ECI 1.62),  and 24 in total exports ($333B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.