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Cyprus is the 115th largest export economy in the world. In 2017, Cyprus exported $3.59B and imported $9.6B, resulting in a negative trade balance of $6.02B. In 2017 the GDP of Cyprus was $22.1B and its GDP per capita was $34.5k.

The top exports of Cyprus are Refined Petroleum ($625M), Packaged Medicaments ($342M), Cheese ($216M), Passenger and Cargo Ships ($138M) and Planes, Helicopters, and/or Spacecraft ($107M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Refined Petroleum ($1.29B), Passenger and Cargo Ships ($816M), Cars ($514M), Other Sea Vessels ($424M) and Recreational Boats ($295M).

The top export destinations of Cyprus are Greece ($421M), Israel ($339M), Libya ($301M), the United Kingdom ($234M) and Germany ($159M). The top import origins are Greece ($1.74B), Turkey ($734M), Italy ($693M), South Korea ($642M) and Germany ($584M).

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

Economic Complexity of Cyprus

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