Merchandise exports by the reporting economy (current US$) in Cyprus
Cyprus: Merchandise exports by the reporting economy (current US$) was 4.55 billion current US$ in 2023. ◆ Volatile
Latest (2023)
4.55 billion current US$
Change on year
up 17.4%
World rank
121st
of 206 countries
All-time high
4.55 billion current US$
in 2023
All-time low
46.00 million current US$
in 1961
Years of data
64
1960–2023
Merchandise exports by the reporting economy in Cyprus, 1960–2023
Source: Staff estimates, World Bank (WB). Measured in current US$.
Analysis
Cyprus recorded 4.55 billion current US$ for merchandise exports by the reporting economy in 2023. That is the highest value across all 64 years on record.
The figure is up 17.4% on the previous year and up 171.0% over ten years.
Over the whole period, merchandise exports by the reporting economy in Cyprus peaked at 4.55 billion current US$ in 2023 and was at its lowest, 46.00 million current US$, in 1961.
Cyprus ranks 121st of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports by the reporting economy (current US$) in Cyprus, year by year
| Year | current US$ | Change |
|---|---|---|
| 1960 | 51.10 million current US$ | — |
| 1961 | 46.00 million current US$ | -10.0% |
| 1962 | 53.90 million current US$ | +17.2% |
| 1963 | 56.80 million current US$ | +5.4% |
| 1964 | 54.20 million current US$ | -4.6% |
| 1965 | 61.70 million current US$ | +13.8% |
| 1966 | 68.20 million current US$ | +10.5% |
| 1967 | 71.40 million current US$ | +4.7% |
| 1968 | 79.60 million current US$ | +11.5% |
| 1969 | 87.12 million current US$ | +9.4% |
| 1970 | 94.53 million current US$ | +8.5% |
| 1971 | 105.24 million current US$ | +11.3% |
| 1972 | 116.34 million current US$ | +10.6% |
| 1973 | 149.14 million current US$ | +28.2% |
| 1974 | 137.58 million current US$ | -7.8% |
| 1975 | 135.81 million current US$ | -1.3% |
| 1976 | 227.83 million current US$ | +67.8% |
| 1977 | 296.19 million current US$ | +30.0% |
| 1978 | 303.11 million current US$ | +2.3% |
| 1979 | 394.66 million current US$ | +30.2% |
| 1980 | 446.44 million current US$ | +13.1% |
| 1981 | 471.29 million current US$ | +5.6% |
| 1982 | 446.61 million current US$ | -5.2% |
| 1983 | 405.64 million current US$ | -9.2% |
| 1984 | 481.52 million current US$ | +18.7% |
| 1985 | 378.85 million current US$ | -21.3% |
| 1986 | 405.90 million current US$ | +7.1% |
| 1987 | 516.20 million current US$ | +27.2% |
| 1988 | 603.57 million current US$ | +16.9% |
| 1989 | 659.54 million current US$ | +9.3% |
| 1990 | 758.65 million current US$ | +15.0% |
| 1991 | 824.02 million current US$ | +8.6% |
| 1992 | 874.26 million current US$ | +6.1% |
| 1993 | 743.44 million current US$ | -15.0% |
| 1994 | 846.03 million current US$ | +13.8% |
| 1995 | 1.08 billion current US$ | +28.0% |
| 1996 | 1.25 billion current US$ | +15.0% |
| 1997 | 1.11 billion current US$ | -10.7% |
| 1998 | 940.05 million current US$ | -15.5% |
| 1999 | 908.61 million current US$ | -3.3% |
| 2000 | 397.86 million current US$ | -56.2% |
| 2001 | 416.88 million current US$ | +4.8% |
| 2002 | 421.13 million current US$ | +1.0% |
| 2003 | 466.36 million current US$ | +10.7% |
| 2004 | 874.15 million current US$ | +87.4% |
| 2005 | 1.20 billion current US$ | +37.8% |
| 2006 | 1.06 billion current US$ | -11.8% |
| 2007 | 1.16 billion current US$ | +8.9% |
| 2008 | 1.29 billion current US$ | +11.8% |
| 2009 | 1.06 billion current US$ | -17.7% |
| 2010 | 1.19 billion current US$ | +11.5% |
| 2011 | 1.46 billion current US$ | +23.0% |
| 2012 | 1.40 billion current US$ | -4.0% |
| 2013 | 1.68 billion current US$ | +19.9% |
| 2014 | 2.82 billion current US$ | +67.9% |
| 2015 | 2.77 billion current US$ | -1.7% |
| 2016 | 2.61 billion current US$ | -5.7% |
| 2017 | 2.87 billion current US$ | +9.8% |
| 2018 | 3.62 billion current US$ | +26.0% |
| 2019 | 2.99 billion current US$ | -17.3% |
| 2020 | 2.85 billion current US$ | -4.7% |
| 2021 | 3.40 billion current US$ | +19.5% |
| 2022 | 3.88 billion current US$ | +13.8% |
| 2023 | 4.55 billion current US$ | +17.4% |
Cyprus compared with similar countries
- Cyprus's 4.55 billion current US$ is below the median for high income countries, which is 42.11 billion current US$, 11% of the median. (74 countries reporting)
- Cyprus's 4.55 billion current US$ is below the median for Europe & Central Asia, which is 42.77 billion current US$, 11% of the median. (53 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 63.00 million current US$ | 46.00 million current US$ | 87.12 million current US$ | 10 |
| 1970s | 196.04 million current US$ | 94.53 million current US$ | 394.66 million current US$ | 10 |
| 1980s | 481.56 million current US$ | 378.85 million current US$ | 659.54 million current US$ | 10 |
| 1990s | 933.60 million current US$ | 743.44 million current US$ | 1.25 billion current US$ | 10 |
| 2000s | 835.58 million current US$ | 397.86 million current US$ | 1.29 billion current US$ | 10 |
| 2010s | 2.34 billion current US$ | 1.19 billion current US$ | 3.62 billion current US$ | 10 |
| 2020s | 3.67 billion current US$ | 2.85 billion current US$ | 4.55 billion current US$ | 4 |
Countries ranked near Cyprus
More private sector data for Cyprus
- Merchandise trade 52.1% (2025)
- Food imports 15.3% (2024)
- Manufactures imports 59.4% (2024)
- Merchandise imports 15.29 billion current US$ (2025)
- Food exports 22.5% (2024)
- Manufactures exports 22.2% (2024)
- Merchandise exports 6.19 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,513 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1501 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 11.94 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports by the reporting economy in Cyprus?
- Merchandise exports by the reporting economy in Cyprus was 4.55 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports by the reporting economy recorded in Cyprus?
- The highest recorded value was 4.55 billion current US$ in 2023.
- What is the lowest merchandise exports by the reporting economy recorded in Cyprus?
- The lowest recorded value was 46.00 million current US$ in 1961.
- How does Cyprus rank for merchandise exports by the reporting economy?
- Cyprus ranks 121st out of 206 countries with data for 2023.
- Is merchandise exports by the reporting economy rising or falling in Cyprus?
- Over the last ten years it is up 171.0%. The long-run trend across the full record is volatile.
- Where does this Cyprus data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports by the reporting economy (current US$). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports by the reporting economy are the total merchandise exports by the reporting economy to the rest of the world, as reported in the IMF's Direction of trade database. Data are in current US$.