by Flagpictures.org

Located in the East Mediterranean Sea south of Syria, Turkey and Lebanon, exports from the third-largest and third-most populous Mediterranean island country the Republic of Cyprus totaled US$6.3 billion in 2025.

That dollar amount results from a 57.4% expansion from $4 billion five years earlier in 2021.

Year over year, the overall value of Cypriot exports accelerated by 12.3% compared to $5.6 billion starting from 2024.

Based on the average exchange rate for 2025, Cyprus uses the euro which strengthened via a 4.4% gain against the US dollar from 2024 to 2025. The stronger European Union currency made Cypriot exports paid for in weaker US dollars more expensive for international buyers starting with American currency.

The top 5 most valuable exported products from Cyprus are processed petroleum oils, cruise or cargo ships, medication mixes in dosage, cheese and curd, then scents used for beverage or industrial manufacturing. Combined, that quintet of major Cypriot products generated over three-quarters (77.1%) of Cyprus’ overall revenues from its exports.

The latest available country-specific data shows that 64.6% of products exported from Cyprus was bought by importers in: Libya (24.7% of the Cypriot total), Lebanon (6.6%), Greece (6.3%), United Kingdom (4.8%), Israel (4.6%), Sweden (3.53%), Egypt (3.42%), France (3.38%), Marshall Islands (2%), Germany (also 2%), Morocco (1.7%) and Hong Kong (1.6%).

From a continental perspective, 39.3% of Cyprus’ exports by value was delivered to African countries while 33.3% was sold to importers in fellow European nations. In comparison, 26.1% went to other European Union members.

Cyprus shipped another 21.6% worth of goods to Asia.

Smaller percentages went to buyers in Oceania (2.7%) led by Marshall Islands and Australia, North America (2.1%) then Latin America (1%) excluding Mexico but including the Caribbean.

Given the Cypriot population of 942,000 people, its total US$6.3 billion in 2025 exports translates to roughly $6,700 for every resident in the island country. That dollar amount eclipses the average $4,800 from the prior year.

Cyprus’ top 10 exports accounted for 88.1% of the overall value of the country’s global shipments.

Mineral fuels including oil represents the fastest grower among the top 10 export categories, up by 77.9% from 2024 to 2025.

In second place for improving export sales was perfumes and cosmetics via a 20.4% advance.

Cyprus’s shipments of dairy, eggs and honey posted the third-fastest gain in value, up by 16.1%.

The leading decliner among Cyprus’ top 10 export categories was ships and boats, thanks to a -46.5% year-over-year drop.

At the more granular four-digit Harmonized Tariff System code level, the most valuable exported products from Cyprus include processed petroleum oils (48.6% of the country’s total) trailed by the capital-intensive category cruise or cargo ships and barges (11.8%), medication mixes in dosage (7.9%), cheese and curd (6.6%), scents used for beverage or industrial manufacturing (2.3%), pleasure or sports vessels including yachts (2.1%), phone devices including smartphones (1%), cigarettes and cigars (0.9%), potatoes (0.9%) then fresh whole fish (also 0.9%).

The following types of Cypriot product shipments represent positive net exports or a trade balance surplus. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports.

In a nutshell, net exports reflect the amount by which foreign spending on a home country’s goods or services exceeds or lags the home country’s spending on foreign goods or services.

Cyprus incurred an overall -US$9.4 billion trade deficit during 2025, expanding by 17% from the -$8 billion in red ink one year earlier in $7.5 billion.

Below are exports from Cyprus that result in negative net exports or product trade balance deficits. These negative net exports reveal product categories where foreign spending on home country goods trail Cypriot importer spending on foreign products.

Not one Cypriot corporation ranks among Forbes Global 2000.

Wikipedia lists exporters from Cyprus. Selected examples are shown below.

 
In macroeconomic terms, Cyprus’ total exported goods represent 10.3% of its overall Gross Domestic Product for 2025 ($61.3 billion valued in Purchasing Power Parity US dollars). That 10.3% for exports to overall GDP in PPP for 2025 compares to 7.7% for 2024. This suggests a relatively increasing reliance on products sold on international markets for Cyprus’ total economic performance, albeit based on a short timeframe.

Another key indicator of a country’s economic performance is its unemployment rate. Cyprus’ unemployment rate averaged 4.773% for 2025, down from an average 4.862% jobless rate in 2024 according to International Monetary Fund statistics.

Nicosia is the capital city of Cyprus.

See also Cyprus Top Trading Partners, Lebanon’s Top 10 Exports, Greece’s Top 10 Exports, United Kingdom’s Top Trading Partners and Syria’s Top 10 Exports

Research Sources:
Central Intelligence Agency, The World Factbook Europe: Cyprus. Accessed on August 17, 2026

Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 17, 2026

International Monetary Fund, Exchange Rates selected indicators (Domestic Currency per U.S. dollar, period average). Accessed on August 17, 2026

International Monetary Fund, World Economic Outlook Database (GDP based on Purchasing Power Parity). Accessed on August 17, 2026

International Trade Centre, Trade Map. Accessed on August 17, 2026

Investopedia, Net Exports Definition. Accessed on August 17, 2026

Wikipedia, Cyprus. Accessed on August 17, 2026

Wikipedia, Gross domestic product. Accessed on August 17, 2026

Wikipedia, List of Companies of Cyprus. Accessed on August 17, 2026

Wikipedia, Purchasing power parity. Accessed on August 17, 2026