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Exports In 2022, Cyprus exported $1.13M in Gas Turbines, making it the 112th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 240th most exported product in Cyprus. The main destination of Gas Turbines exports from Cyprus are: United Kingdom ($920k), United States ($157k), Netherlands ($22.8k), Turkey ($11.9k), and Greece ($8.19k).

The fastest growing export markets for Gas Turbines of Cyprus between 2021 and 2022 were United Kingdom ($920k), Turkey ($11.9k), and Netherlands ($11.1k).

Imports In 2022, Cyprus imported $29.7M in Gas Turbines, becoming the 91st largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 89th most imported product in Cyprus. Cyprus imports Gas Turbines primarily from: Sweden ($23.8M), United Kingdom ($3.01M), Netherlands ($659k), Turkey ($652k), and United States ($651k).

The fastest growing import markets in Gas Turbines for Cyprus between 2021 and 2022 were Sweden ($12.9M), United Kingdom ($1.78M), and Turkey ($651k).

Latest Trends

Jul 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 Gas Turbines. 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)$1.13M
IMPORTS (2022)$29.7M
NET TRADE (2022)-$28.6M

In 2022, Cyprus exported $1.13M in Gas Turbines. The main destinations of Cyprus exports on Gas Turbines were United Kingdom ($920k), United States ($157k), Netherlands ($22.8k), Turkey ($11.9k), and Greece ($8.19k).

In 2022, Cyprus imported $29.7M in Gas Turbines, mainly from Sweden ($23.8M), United Kingdom ($3.01M), Netherlands ($659k), Turkey ($652k), and United States ($651k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR Cyprus WERE (2021 - 2022):
United Kingdom$920k (1%)
Turkey$11.9k (1%)
Netherlands$11.1k (94.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY Cyprus WERE (2021 - 2022):
United States-$1.08M (-87.3%)
Israel-$110k (-94.6%)
Moldova-$1.61k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Cyprus's main exporting competitors in Gas Turbines were:
In 2022, Cyprus's main importing competitors in Gas Turbines were:

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Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

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

See methodology.

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