Economy

These were the main export products of Cyprus for 2023

Mineral fuels and oils, halloumi and pharmaceutical products were Cyprus' main export products for 2023, according to the Statistical Service.

In a chart published on Tuesday, it appears that Cyprus exported €508,39 million of domestically produced products to EU countries and another €1,84 billion to third countries.

The main products that Cyprus exported to the EU countries were pharmaceutical products, at a rate of 38,5%, worth €195,5 million, halloumi at a rate of 22,6%, worth €115,14 million, waste and scraps of paper, glass and metals at a rate of 7,6% worth €38,7 million, potatoes at a rate of 6,7% worth €34,15 million.

62,5% of the products that Cyprus exported to third countries in 2023 were fossil fuels and oils, amounting to €1,15 billion. 10,7% of exports to third countries were halloumi worth €198,15 billion, the pharmaceutical products occupied 8,7%, worth €160,1 million and fruit and vegetable juices 2,1%, worth €296,4 million.

Domestically produced products are goods produced entirely in Cyprus or goods produced in another country but the last economically significant processing or processing that led to the manufacture of a new product, or represents a significant stage of the manufacturing process, took place in Cyprus.

Source: KYPE

 

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