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Exports In 2022, Cyprus exported $27.8M in Tug Boats, making it the 20th largest exporter of Tug Boats in the world. At the same year, Tug Boats was the 21st most exported product in Cyprus. The main destination of Tug Boats exports from Cyprus are: Singapore ($11.2M), Russia ($4.64M), Georgia ($4.04M), Panama ($3.37M), and Netherlands ($1.97M).

The fastest growing export markets for Tug Boats of Cyprus between 2021 and 2022 were Singapore ($10.4M), Georgia ($4.04M), and Panama ($2.8M).

Imports In 2022, Cyprus imported $48.6M in Tug Boats, becoming the 12th largest importer of Tug Boats in the world. At the same year, Tug Boats was the 51st most imported product in Cyprus. Cyprus imports Tug Boats primarily from: Russia ($23.5M), China ($10.7M), Singapore ($9.34M), Marshall Islands ($1.77M), and Belgium ($1.73M).

The fastest growing import markets in Tug Boats for Cyprus between 2021 and 2022 were China ($10.7M), Singapore ($9.34M), and Marshall Islands ($1.77M).

Latest Trends

Sep 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 Tug Boats. 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)$27.8M
IMPORTS (2022)$48.6M
NET TRADE (2022)-$20.8M

In 2022, Cyprus exported $27.8M in Tug Boats. The main destinations of Cyprus exports on Tug Boats were Singapore ($11.2M), Russia ($4.64M), Georgia ($4.04M), Panama ($3.37M), and Netherlands ($1.97M).

In 2022, Cyprus imported $48.6M in Tug Boats, mainly from Russia ($23.5M), China ($10.7M), Singapore ($9.34M), Marshall Islands ($1.77M), and Belgium ($1.73M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tug Boats EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
Singapore$10.4M (1.27k%)
Georgia$4.04M (1%)
Panama$2.8M (497%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tug Boats BY Cyprus WERE (2021 - 2022):
Russia-$8.1M (-63.6%)
Belize-$2.24M (-100%)
Nigeria-$2M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Tug Boats were:
In 2022, Cyprus's main importing competitors in Tug Boats were:

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Trade Value of Tug Boats by Exporters

Potential Exports

Potential Exports

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N/A
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N/AN/A

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

See methodology.

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