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Exports In 2022, Cyprus exported $70.8M in Iron & steel, making it the 107th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 9th most exported product in Cyprus. The main destination of Iron & steel exports from Cyprus are: Greece ($36.2M), Turkey ($13.9M), India ($5.42M), Austria ($4.52M), and Slovakia ($3.06M).

The fastest growing export markets for Iron & steel of Cyprus between 2021 and 2022 were Austria ($4.5M), India ($3.78M), and Slovakia ($3.06M).

Imports In 2022, Cyprus imported $343M in Iron & steel, becoming the 102nd largest importer of Iron & steel in the world. At the same year, Iron & steel was the 8th most imported product in Cyprus. Cyprus imports Iron & steel primarily from: Greece ($90.9M), Turkey ($85.5M), Italy ($76.6M), Egypt ($29.3M), and Bulgaria ($25.7M).

The fastest growing import markets in Iron & steel for Cyprus between 2021 and 2022 were Turkey ($19.1M), Egypt ($16.8M), and Bulgaria ($15.3M).

Latest Trends

Oct 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 Iron & steel. 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)$70.8M
IMPORTS (2022)$343M
NET TRADE (2022)-$272M

In 2022, Cyprus exported $70.8M in Iron & steel. The main destinations of Cyprus exports on Iron & steel were Greece ($36.2M), Turkey ($13.9M), India ($5.42M), Austria ($4.52M), and Slovakia ($3.06M).

In 2022, Cyprus imported $343M in Iron & steel, mainly from Greece ($90.9M), Turkey ($85.5M), Italy ($76.6M), Egypt ($29.3M), and Bulgaria ($25.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron & steel EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Austria$4.5M (27.3k%)
India$3.78M (230%)
Slovakia$3.06M (641k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron & steel BY Cyprus WERE (2021 - 2022):
Greece-$5.44M (-13.1%)
Turkey-$2.36M (-14.5%)
Bulgaria-$1.41M (-99.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Iron & steel were:
China $69.8B
Germany $36.9B
Japan $35.7B
In 2022, Cyprus's main importing competitors in Iron & steel were:

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Trade Value of Iron & steel by Exporters

Potential Exports

Potential Exports

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N/AN/A

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

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