Cyprus (CYP) and Brazil (BRA) Trade | The Observatory of Economic Complexity

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Cyprus-Brazil Trade: In 2022, Cyprus exported $3.66M to Brazil. The main products that Cyprus exported to Brazil were Liquid Dispersing Machines ($2.29M), Unsaturated Acyclic Monocarboxylic Acids ($419k), and Plastic Pipes ($196k). Over the past 5 years the exports of Cyprus to Brazil have decreased at an annualized rate of 16.2%, from $8.85M in 2017 to $3.66M in 2022.

In 2020, Cyprus exported services to Brazil worth $3.43M, with Transportation ($2.28M) and Financial services ($1.14M) being the largest in terms of value.

Brazil-Cyprus Trade: In 2022, Brazil exported $105M to Cyprus. The main products that Brazil exported to Cyprus were Refined Petroleum ($88.6M), Fruit Juice ($4.38M), and Coffee ($3.63M). Over the past 5 years the exports of Brazil to Cyprus have increased at an annualized rate of 11.2%, from $55.3M in 2017 to $105M in 2022.

In 2022, Brazil did not export any services to Cyprus.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $3.66M to Brazil. The main products exported from Cyprus to Brazil were Liquid Dispersing Machines ($2.29M), Unsaturated Acyclic Monocarboxylic Acids ($419k), and Plastic Pipes ($196k). During the last 5 years the exports of Cyprus to Brazil have decreased at an annualized rate of 16.2%, from $8.85M in 2017 to $3.66M in 2022.

In 2017, Brazil exported $105M to Cyprus. The main products exported from Brazil to Cyprus were Refined Petroleum ($88.6M), Fruit Juice ($4.38M), and Coffee ($3.63M). During the last 5 years the exports of Brazil to Cyprus have increased at an annualized rate of 11.2%, from $55.3M in 2022 to $105M in 2017.

Exports from Cyprus () to Brazil () (2022)

Exports from Brazil () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Brazil ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Cyprus than Brazil included Greece ($471M), Lebanon ($329M), and Seychelles ($70.8M).

In 2022, countries that imported more from Brazil than Cyprus included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

Difference in imports from Brazil () and Cyprus () (2022)

Comparative Advantage Cyprus - Brazil

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Brazil in the exports of Machines ($2.72M), Chemical Products ($457k), and Plastics and Rubbers ($199k).

During 2017, Brazil had a large net trade with Cyprus in the exports of Mineral Products ($88.7M), Foodstuffs ($6.92M), and Vegetable Products ($4M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Brazil () (2022)

Exports from Brazil () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Brazil ()

Cyprus Exports

Market Competitiveness

Difference in imports from Brazil () and Cyprus () (2022)

Comparative Advantage Cyprus - Brazil

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Brazil () (2022)

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