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2022
Exports $602MWorld Rnk 121 / 220
Flag Rnk 3 / 21
2022
Destination $51.5M Lebanon
2021 - 2022
FASTEST GROWING MARKET $51.5MNigeria
2022
PRODUCT COMPLEXITY IN Mineral Products0.48Rnk 371 / 1025
2022
Imports $3.65BWorld Rnk 88 / 226
Flag Rnk 1 / 21
2022
Origin $323M Greece
2021 - 2022
FASTEST GROWING ORIGIN $323MIsrael

About

Exports In 2022, Cyprus exported $602M in Mineral Products, making it the 121st largest exporter of Mineral Products in the world. At the same year, Mineral Products was the 3rd most exported product in Cyprus. The main destination of Mineral Products exports from Cyprus are: Lebanon ($301M), Israel ($59.9M), Nigeria ($51.5M), Togo ($44M), and Yemen ($38.2M).

The fastest growing export markets for Mineral Products of Cyprus between 2021 and 2022 were Nigeria ($51.5M), Togo ($44M), and Yemen ($38.2M).

Imports In 2022, Cyprus imported $3.65B in Mineral Products, becoming the 88th largest importer of Mineral Products in the world. At the same year, Mineral Products was the 1st most imported product in Cyprus. Cyprus imports Mineral Products primarily from: Greece ($777M), Turkey ($746M), Israel ($723M), Italy ($421M), and Kazakhstan ($182M).

The fastest growing import markets in Mineral Products for Cyprus between 2021 and 2022 were Israel ($323M), Turkey ($321M), and Italy ($262M).

COMPANIES In 2023, leading companies such as Sumitomo Rubber (4) were at the forefront of shipping Mineral Products from Cyprus to the United States.

Latest Trends

Nov 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 Mineral Products. 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)$602M
IMPORTS (2022)$3.65B
NET TRADE (2022)-$3.05B

In 2022, Cyprus exported $602M in Mineral Products. The main destinations of Cyprus exports on Mineral Products were Lebanon ($301M), Israel ($59.9M), Nigeria ($51.5M), Togo ($44M), and Yemen ($38.2M).

In 2022, Cyprus imported $3.65B in Mineral Products, mainly from Greece ($777M), Turkey ($746M), Israel ($723M), Italy ($421M), and Kazakhstan ($182M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral Products EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Nigeria$51.5M (1%)
Togo$44M (1%)
Yemen$38.2M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral Products BY Cyprus WERE (2021 - 2022):
Kenya-$65.1M (-99.9%)
Libya-$63.6M (-78.8%)
Bulgaria-$39.8M (-99.8%)
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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 Mineral Products were:
United States $427B
Russia $319B
Australia $295B
In 2022, Cyprus's main importing competitors in Mineral Products were:
China $623B
United States $329B
India $291B

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Trade Value of Mineral Products by Exporters

Potential Exports

Potential Exports

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

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

See methodology.

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