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2022
ExportsfalseWorld Rnk 64 / 141
Flag Rnk 85 / 1147
2021 - 2022
FASTEST GROWING MARKET $1.28MBelgium
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Origin $119k Bulgaria
2021 - 2022
FASTEST GROWING ORIGIN $119kBulgaria

About

Exports In 2022, Cyprus exported $5.78M in Inedible Fats and Oils, making it the 64th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 85th most exported product in Cyprus. The main destination of Inedible Fats and Oils exports from Cyprus are: Portugal ($2.25M), Belgium ($1.87M), Netherlands ($1.35M), Greece ($147k), and Spain ($82.4k).

The fastest growing export markets for Inedible Fats and Oils of Cyprus between 2021 and 2022 were Belgium ($1.28M), Portugal ($790k), and Netherlands ($250k).

The fastest growing import markets in Inedible Fats and Oils for Cyprus between 2021 and 2022 were Bulgaria ($119k), Italy ($67.5k), and Netherlands ($22.5k).

Latest Trends

Jul 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 Inedible Fats and Oils. 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 (2022)$5.78M

In 2022, Cyprus exported $5.78M in Inedible Fats and Oils. The main destinations of Cyprus exports on Inedible Fats and Oils were Portugal ($2.25M), Belgium ($1.87M), Netherlands ($1.35M), Greece ($147k), and Spain ($82.4k).

In N/A, Cyprus imported N/A in Inedible Fats and Oils, mainly from Bulgaria ($122k), Italy ($95.3k), Netherlands ($30.6k), United Kingdom ($8.06k), and Greece ($2.88k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Belgium$1.28M (217%)
Portugal$790k (54%)
Netherlands$250k (22.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Cyprus WERE (2021 - 2022):
Spain-$702k (-89.5%)
Germany-$129k (-100%)
Greece-$1.17k (-0.79%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Cyprus's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

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N/A
N/AN/A
N/AN/A

Inedible Fats and Oils’s highest export potential is N/A. With an export gap of N/A.   Inedible Fats and Oils’s highest import potential is N/A with an import gap of N/A.

See methodology.

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