Cyprus / Norway

Cyprus-Norway Trade: In 2022, Cyprus exported $74.5M to Norway. The main products that Cyprus exported to Norway were Paintings ($35.6M), Passenger and Cargo Ships ($25.3M), and Surveying Equipment ($5.46M). Over the past 5 years the exports of Cyprus to Norway have decreased at an annualized rate of 19.7%, from $223M in 2017 to $74.5M in 2022.

In 2020, Cyprus exported services to Norway worth $43.4M, with Transportation ($36.6M), Financial services ($3.43M), and Travel ($2.28M) being the largest in terms of value.

Norway-Cyprus Trade: In 2022, Norway exported $48.4M to Cyprus. The main products that Norway exported to Cyprus were Passenger and Cargo Ships ($13M), Prefabricated Buildings ($5.66M), and Surveying Equipment ($4.45M). Over the past 5 years the exports of Norway to Cyprus have decreased at an annualized rate of 16.9%,  from $146M in 2017 to $48.4M in 2022.

In 2009, Norway exported services to Cyprus worth $35.3M, with Transportation ($16.9M), Other business services ($8.95M), and Travel ($8.15M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).