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Exports In 2023, Cyprus exported $8.08M in Gold, making it the 133rd largest exporter of Gold in the world. At the same year, Gold was the 61st most exported product in Cyprus. The main destination of Gold exports from Cyprus are: Italy ($3M), United Kingdom ($2.16M), Turkey ($1.79M), Lebanon ($829k), and Greece ($280k).

The fastest growing export markets for Gold of Cyprus between 2022 and 2023 were Italy ($577k), Lebanon ($105k), and Hong Kong ($19.1k).

Imports In 2023, Cyprus imported $20.7M in Gold, becoming the 88th largest importer of Gold in the world. At the same year, Gold was the 136th most imported product in Cyprus. Cyprus imports Gold primarily from: Switzerland ($12.3M), United Arab Emirates ($4.75M), United Kingdom ($1.86M), Turkey ($526k), and Belgium ($425k).

The fastest growing import markets in Gold for Cyprus between 2022 and 2023 were Switzerland ($7.41M), Belgium ($73.6k), and Turkey ($63.3k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$8.08M
IMPORTS (2023)$20.7M
NET TRADE (2023)-$12.6M

In 2023, Cyprus exported $8.08M in Gold. The main destinations of Cyprus exports on Gold were Italy ($3M), United Kingdom ($2.16M), Turkey ($1.79M), Lebanon ($829k), and Greece ($280k).

In 2023, Cyprus imported $20.7M in Gold, mainly from Switzerland ($12.3M), United Arab Emirates ($4.75M), United Kingdom ($1.86M), Turkey ($526k), and Belgium ($425k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Cyprus WERE (2022 - 2023):
Italy$577k (23.8%)
Lebanon$105k (14.6%)
Hong Kong$19.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Cyprus WERE (2022 - 2023):
Turkey-$845k (-32.1%)
Greece-$25.6k (-8.38%)
Australia-$3.23k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Cyprus's main exporting competitors in Gold were:
In 2023, Cyprus's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

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Gold’s highest export potential is N/A. With an export gap of N/A.   Gold’s highest import potential is N/A with an import gap of N/A.

See methodology.

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