NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $30.3MRnk 34 / 196
2023
Flag → Flag
Top Product $17.1MCheese
2023
Flag → Flag
Exports $35.8MRnk 90 / 211
2023
Flag → Flag
Top Product $14.8MCars
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Cyprus-Australia Trade: In 2023, Cyprus exported $30.3M to Australia. The main products that Cyprus exported to Australia were Cheese ($17.1M), Packaged Medicaments ($4.21M), and Beer ($2.35M). Over the past 5 years the exports of Cyprus to Australia have increased at an annualized rate of 2.2%, from $27.2M in 2018 to $30.3M in 2023.

In 2020, Cyprus exported services to Australia worth $42.3M, with Financial services ($42.3M) being the largest in terms of value.

Australia-Cyprus Trade: In 2023, Australia exported $35.8M to Cyprus. The main products that Australia exported to Cyprus were Cars ($14.8M), Tractors ($8.47M), and Motorcycles and cycles ($4.88M). Over the past 5 years the exports of Australia to Cyprus have increased at an annualized rate of 49.4%,  from $4.81M in 2018 to $35.8M in 2023.

In 2023, Australia did not export any services to Cyprus.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $30.3M to Australia. The main products exported from Cyprus to Australia were Cheese ($17.1M), Packaged Medicaments ($4.21M), and Beer ($2.35M). During the last 5 years the exports of Cyprus to Australia have increased at an annualized rate of 2.2%, from $27.2M in 2018 to $30.3M in 2023.

In 2018, Australia exported $35.8M to Cyprus. The main products exported from Australia to Cyprus were Cars ($14.8M), Tractors ($8.47M), and Motorcycles and cycles ($4.88M). During the last 5 years the exports of Australia to Cyprus have increased at an annualized rate of 49.4%, from $4.81M in 2023 to $35.8M in 2018.

Exports from Cyprus (Flag) to Australia (Flag) (2023)

Exports from Australia (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Australia (Flag)

Cyprus Exports

Australia Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Australia
Top DestinationChina$137B

This map shows whether countries import more from Cyprus or Australia. Each country is colored based on the difference in imports they receive from Cyprus and Australia or the difference in the growth in imports.

In 2023, countries that imported more from Cyprus than Australia included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Australia than Cyprus included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Australia

Flow
Scale

This chart compares trade between Cyprus and Australia by product, considering products traded by both, Cyprus and Australia.

During 2023, Cyprus had a large net trade with Australia in the exports of Animal Products ($17.3M), Chemical Products ($4.53M), and Foodstuffs ($4.01M).

During 2018, Australia had a large net trade with Cyprus in the exports of Transportation ($29.3M), Miscellaneous ($1.84M), and Machines ($1.83M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Cyprus and Australia. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Australia (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms