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Cyprus is the 118th largest export economy in the world. In 2016, Cyprus exported $3.11B and imported $7.63B, resulting in a negative trade balance of $4.52B. In 2016 the GDP of Cyprus was $20B and its GDP per capita was $32.7k.

The top exports of Cyprus are Refined Petroleum ($404M), Packaged Medicaments ($343M), Cheese ($162M), Passenger and Cargo Ships ($100M) and Broadcasting Equipment ($97.3M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Passenger and Cargo Ships ($1.2B), Refined Petroleum ($991M), Cars ($384M), Planes, Helicopters, and/or Spacecraft ($197M) and Packaged Medicaments ($192M).

The top export destinations of Cyprus are Greece ($406M), Israel ($306M), the United Kingdom ($243M), Libya ($144M) and Germany ($128M). The top import origins are Greece ($1.4B), South Korea ($785M), Germany ($597M), Italy ($468M) and the United Kingdom ($438M).

Cyprus is an island and borders Egypt, Israel, Lebanon, Syria, Turkey and Greece by sea.

Economic Complexity of Cyprus

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