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2022
Exports $20.3MWorld Rnk 122 / 176
Flag Rnk 33 / 1147
2022
Destination $3.24M United Kingdom
2021 - 2022
FASTEST GROWING MARKET $3.24MUnited Kingdom
2022
PRODUCT COMPLEXITY IN Gold-2.43Rnk 1016 / 1025
2022
Imports $29.9MWorld Rnk 79 / 178
Flag Rnk 88 / 1204
2022
Origin $3.82M United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $3.82MUnited Arab Emirates

About

Exports In 2022, Cyprus exported $20.3M in Gold, making it the 122nd largest exporter of Gold in the world. At the same year, Gold was the 33rd most exported product in Cyprus. The main destination of Gold exports from Cyprus are: United Kingdom ($14.8M), Turkey ($2.64M), Italy ($1.95M), Lebanon ($723k), and Greece ($216k).

The fastest growing export markets for Gold of Cyprus between 2021 and 2022 were United Kingdom ($3.24M), Turkey ($575k), and Lebanon ($175k).

Imports In 2022, Cyprus imported $29.9M in Gold, becoming the 79th largest importer of Gold in the world. At the same year, Gold was the 88th most imported product in Cyprus. Cyprus imports Gold primarily from: United Arab Emirates ($20.8M), United Kingdom ($3.14M), Switzerland ($2.43M), Lebanon ($1.85M), and Turkey ($463k).

The fastest growing import markets in Gold for Cyprus between 2021 and 2022 were United Arab Emirates ($3.82M), Switzerland ($1.7M), and Lebanon ($1.36M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Gold. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$20.3M
IMPORTS (2022)$29.9M
NET TRADE (2022)-$9.63M

In 2022, Cyprus exported $20.3M in Gold. The main destinations of Cyprus exports on Gold were United Kingdom ($14.8M), Turkey ($2.64M), Italy ($1.95M), Lebanon ($723k), and Greece ($216k).

In 2022, Cyprus imported $29.9M in Gold, mainly from United Arab Emirates ($20.8M), United Kingdom ($3.14M), Switzerland ($2.43M), Lebanon ($1.85M), and Turkey ($463k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
United Kingdom$3.24M (28.1%)
Turkey$575k (27.9%)
Lebanon$175k (32%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Cyprus WERE (2021 - 2022):
Germany-$12.5k (-100%)
Denmark-$12.2k (-100%)
Netherlands-$371 (-25%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Cyprus's main exporting competitors in Gold were:
Switzerland $101B
United States $37.5B
United Arab Emirates $32.8B
In 2022, Cyprus's main importing competitors in Gold were:
Switzerland $94.9B
China $67.6B
United Arab Emirates $57.1B

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Gold’s highest export potential is N/A. With an export gap of N/A.   Gold’s highest import potential is N/A with an import gap of N/A.

See methodology.

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