Cyprus is the 120th largest export economyThe management of money, currency and trade of a nation. The... in the world and the 42nd most complex economyThe management of money, currency and trade of a nation. The... according to the Economic Complexity Index (ECI).
In 2014, Cyprus exported $3.64B and imported $8.69B, resulting in a negative tradeThe buying and selling or exchange of goods and services. Th... balance of $5.05B. In 2014 the GDP of Cyprus was $23.2B and its GDP per capitaFor each person in the population. Per head. An expression o... was $30.2k.
The top exports of Cyprus are Packaged Medicaments ($404M), Refined Petroleum ($305M), Passenger and Cargo Ships ($141M), Cheese ($137M) and Broadcasting Equipment ($103M), using the 1992 revision of the HS (Harmonized System) classification.
Its top imports are Refined Petroleum ($2.36B), Passenger and Cargo Ships ($292M), Cars ($279M), Recreational Boats ($264M) and Packaged Medicaments ($214M).
The top export destinations of Cyprus are Greece ($497M), Israel ($374M), the United Kingdom ($281M), Poland ($262M) and South Korea ($157M).
The top import origins are Greece ($1.62B), Israel ($634M), Russia ($591M), Germany ($557M) and the United Kingdom ($514M).
Cyprus holds a place of 47th out of 189 popular countries(economically) in case of doing a business in country.’Getting Credit’ is one of the topics in which Cyprus has increased it’s ranking from 61 to 42. But the country has decreased it’s ranking from 61 to 64 in case of ‘Starting a Business’.