Cyprus's merchandise exports to economies in the Arab World (% of total merchandise exports) was 29.9% in 2023, the latest year in the World Bank's World Development Indicators. That is up 17.35 percentage points from 12.55% in 2013.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 29.9% | 2023 |
| Five years earlier | 27% | 2018 |
| Ten years earlier | 12.55% | 2013 |
| Highest | 59.45% | 1982 |
| Lowest | 2.35% | 1960 |
| Average since 2014 | 18.14% | 2014–2023 |
| First recorded | 2.35% | 1960 |
What the numbers say
In 2023, Cyprus' merchandise exports to economies in the Arab World (% of total merchandise exports) rose 10.71 percentage points on 2022 (from 19.19% to 29.9%).
Across the 30 yearly changes before that (1993 to 2022), the average change was −0.58 percentage points and a typical year strayed about 4.09 percentage points from that (the standard deviation). This year's change was 2.8 standard deviations above that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was 20.45 percentage points in 1976 and the biggest yearly fall was 13.01 percentage points in 1986. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about 1.53 percentage points a year. A straight line explains 49% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Cyprus had the 14th highest value of the 194 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Cyprus | 29.9% | 2023 |
| World | 4.46% | 2023 |
| Europe & Central Asia | 3.86% | 2023 |
| High income | 3.81% | 2023 |
Closest to Cyprus in the 2023 ranking
What this measures
Merchandise exports to economies in the Arab World are the sum of merchandise exports by the reporting economy to economies in the Arab World. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 64 values
| Year | Merchandise exports to economies in the Arab World (% of total merchandise exports) |
|---|---|
| 2023 | 29.9 |
| 2022 | 19.19 |
| 2021 | 19.04 |
| 2020 | 14.33 |
| 2019 | 19.07 |
| 2018 | 27 |
| 2017 | 19.33 |
| 2016 | 14.02 |
| 2015 | 11.64 |
| 2014 | 7.9 |
Merchandise exports to economies in the Arab World (% of total merchandise exports) in nearby economies
- Albania — 0.65% (2023)
- Armenia — 28.46% (2023)
- Austria — 1.19% (2023)
- Azerbaijan — 0.62% (2023)
- Belarus — 6.09% (2023)
- Belgium — 2.72% (2023)
- Bosnia and Herzegovina — 0.92% (2023)
- Bulgaria
More private sector & trade data for Cyprus
- Merchandise imports (current US$) — US$15.29 billion (2025)
- Merchandise exports (current US$) — US$6.19 billion (2025)
- Merchandise imports from economies in the Arab World (% of total merchandise imports) — 3.36% (2023)
- Merchandise imports from high-income economies (% of total merchandise imports) — 84.72% (2023)
- Merchandise imports from low- and middle-income economies outside region (% of total merchandise imports) — 12.06% (2023)
- Merchandise imports from low- and middle-income economies in Latin America & the Caribbean (% of total merchandise imports) — 0.82% (2023)
- Merchandise imports from low- and middle-income economies in Middle East & North Africa (% of total merchandise imports)
Reading data like this
Questions people ask
- What is Cyprus's merchandise exports to economies in the Arab World (% of total merchandise exports)?
- 29.9% in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1960?
- It is up 27.56 percentage points from 2.35% in 1960. The highest value was 59.45% in 1982 and the lowest 2.35% in 1960.
- How does Cyprus rank?
- 14th highest of 194 economies with data for 2023.
- Is the latest change in merchandise exports to economies in the Arab World (% of total merchandise exports) unusual for Cyprus?
- In 2023, Cyprus' merchandise exports to economies in the Arab World (% of total merchandise exports) rose 10.71 percentage points on 2022 (from 19.19% to 29.9%). Across the 30 yearly changes before that (1993 to 2022), the average change was −0.58 percentage points and a typical year strayed about 4.09 percentage points from that (the standard deviation). This year's change was 2.8 standard deviations above that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator TX.VAL.MRCH.AL.ZS, licensed CC BY 4.0. Original source: Staff estimates, World Bank (WB); Direction of Trade database, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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