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Exports In 2022, Cyprus exported $1.78M in Precious Stones, making it the 59th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 193rd most exported product in Cyprus. The main destination of Precious Stones exports from Cyprus are: Greece ($1.65M), Hong Kong ($94.9k), Germany ($13.6k), Armenia ($13.2k), and Israel ($2.89k).

The fastest growing export markets for Precious Stones of Cyprus between 2021 and 2022 were Greece ($1.65M), Hong Kong ($38.8k), and Armenia ($13.2k).

Imports In 2022, Cyprus imported $1.14M in Precious Stones, becoming the 56th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 586th most imported product in Cyprus. Cyprus imports Precious Stones primarily from: Hong Kong ($452k), Thailand ($229k), Belgium ($164k), Switzerland ($68.9k), and China ($46.9k).

The fastest growing import markets in Precious Stones for Cyprus between 2021 and 2022 were Hong Kong ($176k), Thailand ($49.4k), and Switzerland ($35.2k).

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 Precious Stones. 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)$1.78M
IMPORTS (2022)$1.14M
NET TRADE (2022)$640k

In 2022, Cyprus exported $1.78M in Precious Stones. The main destinations of Cyprus exports on Precious Stones were Greece ($1.65M), Hong Kong ($94.9k), Germany ($13.6k), Armenia ($13.2k), and Israel ($2.89k).

In 2022, Cyprus imported $1.14M in Precious Stones, mainly from Hong Kong ($452k), Thailand ($229k), Belgium ($164k), Switzerland ($68.9k), and China ($46.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Greece$1.65M (27.1k%)
Hong Kong$38.8k (69.1%)
Armenia$13.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Cyprus WERE (2021 - 2022):
Thailand-$12.7k (-100%)
United States-$6.06k (-100%)
Switzerland-$604 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Precious Stones were:
In 2022, Cyprus's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

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

See methodology.

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