2022
Exports
$1.34BWorld Rnk 9 / 137
Flag Rnk 1 / 1147
2022
PRODUCT COMPLEXITY IN Passenger and Cargo Ships
-0.47Rnk 691 / 1025
2022
Imports
$1.37BWorld Rnk 15 / 185
Flag Rnk 2 / 1204

About

Exports In 2022, Cyprus exported $1.34B in Passenger and Cargo Ships, making it the 9th largest exporter of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 1st most exported product in Cyprus. The main destination of Passenger and Cargo Ships exports from Cyprus are: Hong Kong ($454M), Liberia ($255M), Marshall Islands ($173M), United Arab Emirates ($142M), and Seychelles ($70.2M).

The fastest growing export markets for Passenger and Cargo Ships of Cyprus between 2021 and 2022 were Hong Kong ($414M), United Arab Emirates ($141M), and Seychelles ($69.9M).

Imports In 2022, Cyprus imported $1.37B in Passenger and Cargo Ships, becoming the 15th largest importer of Passenger and Cargo Ships in the world. At the same year, Passenger and Cargo Ships was the 2nd most imported product in Cyprus. Cyprus imports Passenger and Cargo Ships primarily from: China ($633M), South Korea ($158M), Poland ($99.6M), Germany ($64M), and Japan ($64M).

The fastest growing import markets in Passenger and Cargo Ships for Cyprus between 2021 and 2022 were China ($394M), Japan ($61.5M), and Croatia ($38.8M).

Latest Trends

Aug 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 Passenger and Cargo Ships. 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)$1.34B
IMPORTS (2022)$1.37B
NET TRADE (2022)-$29.2M

In 2022, Cyprus exported $1.34B in Passenger and Cargo Ships. The main destinations of Cyprus exports on Passenger and Cargo Ships were Hong Kong ($454M), Liberia ($255M), Marshall Islands ($173M), United Arab Emirates ($142M), and Seychelles ($70.2M).

In 2022, Cyprus imported $1.37B in Passenger and Cargo Ships, mainly from China ($633M), South Korea ($158M), Poland ($99.6M), Germany ($64M), and Japan ($64M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Passenger and Cargo Ships EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Hong Kong$414M (1.01k%)
United Arab Emirates$141M (14.4k%)
Seychelles$69.9M (21.8k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Passenger and Cargo Ships BY Cyprus WERE (2021 - 2022):
Marshall Islands-$123M (-41.7%)
Norway-$40.4M (-61.5%)
Sweden-$39.7M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Passenger and Cargo Ships were:
In 2022, Cyprus's main importing competitors in Passenger and Cargo Ships were:

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Trade Value of Passenger and Cargo Ships by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

Passenger and Cargo Ships’s highest export potential is N/A. With an export gap of N/A.   Passenger and Cargo Ships’s highest import potential is N/A with an import gap of N/A.

See methodology.

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