Export market opportunity guide

Cyprus export opportunities
where to look next

Explore Cyprus's export markets, products, sectors, and regions. Compare reported trade with calculated opportunity indicators to decide where further research may be useful.

CYP82,810 screened opportunities2024 trade yearWatch
Latest exports$4.8B2024 reported value
3-year opportunity$6.3TCalculated addressable value
Buyer markets270Latest reported markets
Trade agreement partners108Reported agreements
Screened opportunities82,810Demand and history filters

Cyprus export opportunities

Where should Cyprus look for export growth?

The ranking combines buyer-market size, calculated projections, exporter position, access conditions, and observed history. It is a research starting point, not a guarantee of sales.

Largest opportunity shown

USA, Puerto Rico and US Virgin Islands - Oils: petroleum oils and oils obtained from bituminous minerals, crude

$115.5B is the calculated three-year addressable value in the leading opportunity shown, alongside $165.0B of reported buyer imports.

Current export position

$4.8B in reported exports

Cyprus has 270 active buyer markets in the latest reported trade profile.

How to use the guide

Compare demand with access

Use the addressable value to find scale, then review market share, buyer growth, suppliers, access indicators, and history before acting.

Cyprus export market overview

Explore export opportunities by market, product, and sector

This guide brings together reported trade data and calculated indicators to help exporters, advisors, sourcing teams, and market researchers decide where to investigate next.

Cyprus trades with buyer markets across every major region. The current profile shows $4.8B in reported exports for 2024, while the opportunity view highlights market and product combinations where buyer demand, growth, and exporter position may justify further research.

Use the tables to compare the size of each buyer market, Cyprus's current share, the gap to the peer benchmark, and recent demand growth. The 3-year CAGR shows average annual growth over the period. HS2 sectors group detailed product codes into broad product families.

Start with the largest opportunities, then check the current trade footprint, sector breadth, regional concentration, and market-watch signals. The calculated addressable opportunity is a screening indicator, not a confirmed order, sales forecast, or guarantee of market entry. Product-level requirements, tariffs, buyers, logistics, and commercial conditions should be validated before making an export decision.

Current trade footprint

Where Cyprus already trades

Reported country, trade-route, and product data adds context around the calculated opportunity ranking.

Leading buyer marketsLatest reported exports
Buyer marketExportsYear-on-year3-year CAGR
GreeceGRC$594.7M-1.8%+8.5%
LibyaLBY$592.1M+7.6%+18.3%
IsraelISR$370.1M+139.6%+14%
LebanonLBN$350.9M-22.6%+1.8%
United KingdomGBR$314.0M+27.9%+12.8%
ItalyITA$150.1M+6.8%+14%
SingaporeSGP$133.5M+236.6%+58.5%
GermanyDEU$131.0M+7.4%-9.3%
Reported product sectors2024 exports by sector
SectorExportsTrade balanceProducts tracked
Mineral fuelsHS2 27$1.4B-$1.7B41
ShipsHS2 89$713.4M-$269.5M17
Pharmaceutical productsHS2 30$537.1M-$73.3M41
Dairy produce and eggsHS2 04$401.3M$242.0M32
Electrical machineryHS2 85$283.6M-$652.4M259
MachineryHS2 84$166.3M-$758.8M499
Miscellaneous edible preparationsHS2 21$78.9M-$106.3M16
Salt, sulphur, earths and stoneHS2 25$65.4M$3.7M64

Top opportunities

Markets and products to review

The top 50 screened opportunities are ranked by calculated three-year addressable value. Reported trade and calculated indicators are labeled separately so the comparison is clear.

RankBuyer marketProductAddressable 3-year valueBuyer demand growthExporter shareShare gapSignal
1USA, Puerto Rico and US Virgin IslandsUSAHS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude$115.5BCalculated indicator+4.7%0%61.1%Declining
2ChinaCHNHS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$93.1BCalculated indicator+18.1%0%35.8%Growing
3ChinaCHNHS 854232Electronic integrated circuits: memories$65.7BCalculated indicator+17.4%0%50.3%Accelerating
4ChinaCHNHS 854239Electronic integrated circuits: n.e.c. in heading no. 8542$61.4BCalculated indicator+15.9%0%48.2%Accelerating
5USA, Puerto Rico and US Virgin IslandsUSAHS 851712Telephones for cellular networks or for other wireless networks$53.8BCalculated indicator+11.8%0%71.4%Declining
6USA, Puerto Rico and US Virgin IslandsUSAHS 847150Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units$45.6BCalculated indicator+11.1%0%61.8%Growing
7USA, Puerto Rico and US Virgin IslandsUSAHS 847130Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a display$33.3BCalculated indicator+3.8%0%69.8%Slowing
8China, Hong Kong Special Administrative RegionHKGHS 851712Telephones for cellular networks or for other wireless networks$32.7BCalculated indicator+11.6%0%77.6%Slowing
9China, Hong Kong Special Administrative RegionHKGHS 854239Electronic integrated circuits: n.e.c. in heading no. 8542$29.1BCalculated indicator+7.1%0%40.4%Growing
10USA, Puerto Rico and US Virgin IslandsUSAHS 870323Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc$28.7BCalculated indicator+3.9%0%28.1%Stable
11Switzerland, LiechtensteinCHEHS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$27.7BCalculated indicator+12.3%0%47.7%Growing
12United Arab EmiratesAREHS 851712Telephones for cellular networks or for other wireless networks$27.3BCalculated indicator+20.6%0%57.8%Slowing
13ChinaCHNHS 851712Telephones for cellular networks or for other wireless networks$26.3BCalculated indicator+15.4%0%49.5%Growing
14United KingdomGBRHS 710812Metals: gold, non-monetary, unwrought (but not powder)$26.2BCalculated indicator+15.3%0%23.7%Growing
15USA, Puerto Rico and US Virgin IslandsUSAHS 300215Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale$25.9BCalculated indicator+24.1%0%20%Accelerating
16USA, Puerto Rico and US Virgin IslandsUSAHS 847180Data processing machines: automatic, units thereof n.e.s. in heading no. 8471$25.8BCalculated indicator+9.4%0%78.7%Stable
17Republic of KoreaKORHS 854232Electronic integrated circuits: memories$24.8BCalculated indicator+13.4%0%81.4%Growing
18TurkeyTURHS 271019Product description unavailable$23.6BCalculated indicator+16.7%0.1%62.1%Accelerating
19TaiwanTWNHS 854232Electronic integrated circuits: memories$23.1BCalculated indicator+8.4%0%45.2%Growing
20China, Hong Kong Special Administrative RegionHKGHS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$21.3BCalculated indicator+9.8%0%48.6%Growing
21MexicoMEXHS 271012Product description unavailable$20.7BCalculated indicator+12.7%0%96.2%Declining
22United Arab EmiratesAREHS 710812Metals: gold, non-monetary, unwrought (but not powder)$20.3BCalculated indicator+43.7%0%13%Stable
23USA, Puerto Rico and US Virgin IslandsUSAHS 711590Metal: precious or metal clad with precious metal, other than that of item no. 7115.10$20.2BCalculated indicator+21.5%0%57.3%Accelerating
24GermanyDEUHS 850760Electric accumulators: lithium-ion, including separators, whether or not rectangular (including square)$19.8BCalculated indicator+19.2%0%52.9%Slowing
25JapanJPNHS 851712Telephones for cellular networks or for other wireless networks$19.3BCalculated indicator+12.3%0%84.7%Declining
26USA, Puerto Rico and US Virgin IslandsUSAHS 300490Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale$19.0BCalculated indicator+14%0%16.7%Stable
27NetherlandsNLDHS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude$18.4BCalculated indicator+6.5%0.1%31%Accelerating
28MexicoMEXHS 271019Product description unavailable$18.4BCalculated indicator+12.8%0%96.3%Growing
29China, Hong Kong Special Administrative RegionHKGHS 710812Metals: gold, non-monetary, unwrought (but not powder)$18.1BCalculated indicator+10.6%0%32.1%Declining
30TurkeyTURHS 710812Metals: gold, non-monetary, unwrought (but not powder)$17.8BCalculated indicator+32.1%0%45.4%Accelerating
31SingaporeSGPHS 854239Electronic integrated circuits: n.e.c. in heading no. 8542$17.5BCalculated indicator+4.4%0%53.4%Growing
32Switzerland, LiechtensteinCHEHS 710812Metals: gold, non-monetary, unwrought (but not powder)$17.3BCalculated indicator+12.8%0%13.5%Accelerating
33Switzerland, LiechtensteinCHEHS 710813Metals: gold, semi-manufactured$17.1BCalculated indicator+14.3%0%76%Accelerating
34Viet NamVNMHS 851712Telephones for cellular networks or for other wireless networks$17.1BCalculated indicator+26.8%0%50.8%Declining
35ChinaCHNHS 847180Data processing machines: automatic, units thereof n.e.s. in heading no. 8471$16.9BCalculated indicator+19.1%0%63.8%Growing
36GermanyDEUHS 271121Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas$16.4BCalculated indicator+4.2%0%72.5%Accelerating
37USA, Puerto Rico and US Virgin IslandsUSAHS 851762Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus$16.3BCalculated indicator+14.1%0%21.3%Growing
38IndiaINDHS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts$14.8BCalculated indicator+18.2%0%82.4%Growing
39USA, Puerto Rico and US Virgin IslandsUSAHS 870322Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc$14.6BCalculated indicator+6.4%0%44.3%Growing
40USA, Puerto Rico and US Virgin IslandsUSAHS 847330Machines: parts and accessories of automatic data processing, magnetic or optical readers, digital processing units$14.3BCalculated indicator+1.2%0%42.4%Declining
41USA, Puerto Rico and US Virgin IslandsUSAHS 950300Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds$13.8BCalculated indicator+3.8%0%77.3%Growing
42MexicoMEXHS 851712Telephones for cellular networks or for other wireless networks$13.5BCalculated indicator+16.9%0%73.4%Accelerating
43ItalyITAHS 270900Oils: petroleum oils and oils obtained from bituminous minerals, crude$13.0BCalculated indicator+5.3%0%28.7%Declining
44SingaporeSGPHS 854231Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits$13.0BCalculated indicator+6.4%0%39.1%Growing
45BelgiumBELHS 271019Product description unavailable$12.8BCalculated indicator+9.1%0%61.2%Growing
46GermanyDEUHS 271019Product description unavailable$12.3BCalculated indicator+5.8%0%54.3%Growing
47RussiaRUSHS 870323Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc$12.3BCalculated indicator+12.7%0%91.1%Stable
48Viet NamVNMHS 851770Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts$12.1BCalculated indicator+20.7%0%58.8%Declining
49NetherlandsNLDHS 271019Product description unavailable$11.9BCalculated indicator+12.2%0%32%Growing
50USA, Puerto Rico and US Virgin IslandsUSAHS 854430Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships$11.8BCalculated indicator+5.8%0%69.9%Slowing

Showing the five highest-ranked opportunities on mobile. View the complete opportunity data.

How to use this guide

Read the opportunity ranking beside current trade

A large calculated opportunity is more useful when it is compared with the exporter's current markets, product breadth, and trade-route exposure.

Product breadth

270 active buyer markets

The country profile reports 270 active markets and 108 trade-agreement partners in the latest available year.

Current trade base

$4.8B latest exports

Compare the current export base with the addressable opportunity rather than treating the projection as reported trade.

Market coverage

10 leading buyer markets

Reported trade-route and sector data provide a factual starting point for prioritizing deeper market research.

Export opportunity by sector

Which product sectors have the most room?

HS2 chapters show where screened market and product opportunities are concentrated by product family.

SectorOpportunitiesAddressable 3-year valueBuyer imports
Electrical machineryHS2 858,344$1.6T$2.6T
MachineryHS2 8410,301$840.2B$1.6T
Other or unclassified productsOther or unclassified products407$429.0B$785.2B
VehiclesHS2 871,939$420.2B$936.5B
Mineral fuelsHS2 27358$273.7B$466.7B
Pharmaceutical productsHS2 301,222$267.4B$651.2B
Precious stones and metalsHS2 71631$261.7B$572.9B
Optical and medical instrumentsHS2 903,415$179.8B$415.0B
PlasticsHS2 392,640$133.5B$292.4B
Furniture and lightingHS2 941,610$111.6B$192.8B

Buyer markets by region

Where is opportunity concentrated?

Regions group buyer markets to make the country's export opportunity landscape easier to compare.

Europe

$2.6T calculated opportunity

53,116 screened opportunities across 40 buyer markets. Reported buyer imports total $5.6T.

Leading markets: Germany, Netherlands, United Kingdom, Italy, France

North America

$1.3T calculated opportunity

1,972 screened opportunities across 3 buyer markets. Reported buyer imports total $2.5T.

Leading markets: USA, Puerto Rico and US Virgin Islands, Mexico, Canada

East Asia

$971.9B calculated opportunity

2,139 screened opportunities across 8 buyer markets. Reported buyer imports total $1.6T.

Leading markets: China, China, Hong Kong Special Administrative Region, Republic of Korea, Japan, Taiwan

Middle East

$436.6B calculated opportunity

10,981 screened opportunities across 15 buyer markets. Reported buyer imports total $736.2B.

Leading markets: United Arab Emirates, Turkey, Saudi Arabia, Israel, Iraq

Southeast Asia

$370.1B calculated opportunity

1,777 screened opportunities across 11 buyer markets. Reported buyer imports total $612.8B.

Leading markets: Singapore, Thailand, Viet Nam, Malaysia, Indonesia

Africa

$168.0B calculated opportunity

6,770 screened opportunities across 53 buyer markets. Reported buyer imports total $251.6B.

Leading markets: Egypt, South Africa, Nigeria, Liberia, Morocco

South Asia

$136.2B calculated opportunity

1,242 screened opportunities across 8 buyer markets. Reported buyer imports total $188.8B.

Leading markets: India, Pakistan, Bangladesh, Nepal, Sri Lanka

Latin America and Caribbean

$107.2B calculated opportunity

1,766 screened opportunities across 33 buyer markets. Reported buyer imports total $149.8B.

Leading markets: Brazil, Chile, Peru, Panama, Colombia

Market watch

What could change the opportunity?

Current trade-route risk and new-market observations are shown separately from the historical opportunity ranking.

Markets to watchCurrent trade-route context
Buyer marketTradeAttentionMain factor
EgyptEGY$124.1MCritical attentionVolatile products account for the largest observed corridor exposure
Marshall IsdsMHL$115.0MCritical attentionBuyer-market concentration is the largest observed corridor exposure
LiberiaLBR$46.4MCritical attentionCurrent trade remains materially below historical peaks
World excl. Intra-EUWXD$30.2MCritical attentionBuyer-market concentration is the largest observed corridor exposure
China, Hong Kong Special Administrative RegionHKG$29.4MCritical attentionTariff, distance or agreement conditions create market-access friction
IrelandIRL$22.9MCritical attentionVolatile products account for the largest observed corridor exposure

New market signals

8 current observations

These observations identify recent product-market relationships that may deserve a closer look.

AfghanistanHS 300410 · new
100
AlbaniaHS 760120 · new
100
AngolaHS 170240 · new
100
USA, Puerto Rico and US Virgin IslandsHS 841182 · new
100
BelgiumHS 470710 · new
100
SwedenHS 260300 · new
100

How to read the numbers

Keep reported values separate from projections

This guide supports market research. It does not replace commercial validation, buyer conversations, or product-level due diligence.

Addressable opportunity

A calculated screening indicator based on buyer demand and exporter position. It is not a reported order value, sales forecast, or guarantee of market entry.

Market share and gap

Share describes the exporter's position in the reported buyer market. The gap indicates room relative to the peer benchmark in the available data.

Screening and coverage

Opportunities shown here exceed $50.0K in latest buyer imports and have at least 3 observed trade years.

Frequently asked questions

Using the Cyprus export opportunity guide

Definitions and practical guidance for interpreting the market, product, and sector comparisons.

What are the top export opportunities?

The leading opportunities are buyer-market and product combinations with the highest calculated three-year addressable value in the screened results. Review reported buyer imports, Cyprus's current share, demand growth, and market conditions before prioritizing one.

What does addressable opportunity mean?

It is a calculated indicator that compares buyer demand context with exporter position and available market signals. It helps prioritize research; it is not a confirmed order, forecast, or promise of sales.

How should exporters use this page?

Begin with a market and product that fits your capability, compare the current trade footprint and market-watch factors, then validate tariffs, buyers, standards, logistics, pricing, and competition at product level.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.