Summary
- Cyprus → Greece
- $612million
- Greece → Cyprus
- $3.1billion
- Cyprus’ balance
- -$2.5billion
Balance
Cyprus’ trade balance with Greece
Trade between Cyprus and Greece grew 9.5-fold since 1995
USD billions (current). Cyprus’ exports and imports; bars: its balance (green surplus, red deficit).
- Exports 0.6
- Imports 3.1
- Balance -2.5
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $105 million | $290 million | -$185 million |
| 1996 | $90 million | $304 million | -$214 million |
| 1997 | $75 million | $286 million | -$211 million |
| 1998 | $114 million | $334 million | -$220 million |
| 1999 | $106 million | $363 million | -$256 million |
| 2000 | $108 million | $417 million | -$310 million |
| 2001 | $100 million | $410 million | -$310 million |
| 2002 | $95 million | $412 million | -$317 million |
| 2003 | $131 million | $573 million | -$442 million |
| 2004 | $245 million | $881 million | -$636 million |
| 2005 | $384 million | $1.1 billion | -$739 million |
| 2006 | $524 million | $1.3 billion | -$750 million |
| 2007 | $837 million | $1.5 billion | -$710 million |
| 2008 | $1 billion | $1.8 billion | -$775 million |
| 2009 | $921 million | $1.6 billion | -$652 million |
| 2010 | $761 million | $1.6 billion | -$846 million |
| 2011 | $969 million | $1.9 billion | -$898 million |
| 2012 | $741 million | $1.6 billion | -$820 million |
| 2013 | $509 million | $1.5 billion | -$962 million |
| 2014 | $516 million | $1.6 billion | -$1.1 billion |
| 2015 | $374 million | $1.4 billion | -$1.1 billion |
| 2016 | $466 million | $1.4 billion | -$949 million |
| 2017 | $416 million | $1.7 billion | -$1.3 billion |
| 2018 | $490 million | $1.8 billion | -$1.3 billion |
| 2019 | $427 million | $1.8 billion | -$1.4 billion |
| 2020 | $414 million | $1.9 billion | -$1.5 billion |
| 2021 | $493 million | $2.5 billion | -$2 billion |
| 2022 | $560 million | $2.8 billion | -$2.2 billion |
| 2023 | $621 million | $3.1 billion | -$2.5 billion |
| 2024 | $612 million | $3.1 billion | -$2.5 billion |
What they sell each other
What Cyprus sells to Greece
The top 10 headings in 2024, with their share of the total.
What Greece sells to Cyprus
The top 10 headings in 2024, with their share of the total.
How it travels
The estimated sea route between Limassol and Piraeus is 547 nautical miles (1,013 km) long: ≈ 1.5 days at sea (at 18 and 14 knots).
It does not cross any major canal or strait.
Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.
Split by transport mode
Mode estimated from value per kilo and geography; both directions together.
How much each matters to the other
Greece was Cyprus’ largest trading partner (19% of its trade), and Cyprus was Greece’s 13th (3%).
- Greece in Cyprus’ trade
- 19.1%
- Greece’s rank among Cyprus’ partners
- 1st
- Cyprus in Greece’s trade
- 2.6%
- Cyprus’ rank among Greece’s partners
- 13th
Compare with
Other partners of Cyprus
Other partners of Greece
Sources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.