Cyprus (CYP) and Bhutan (BTN) Trade | The Observatory of Economic Complexity

About

Cyprus-Bhutan Trade: In 2023, Cyprus exported $48.6k to Bhutan. The main products that Cyprus exported to Bhutan were Base Metal Watches ($48.6k). Over the past 22 years the exports of Cyprus to Bhutan have increased at an annualized rate of 2.71%, from $27k in 2001 to $48.6k in 2023.

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

Bhutan-Cyprus In N/A, Bhutan did not export any products to Cyprus.

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

Comparison In 2023, Cyprus ranked 126 in total exports ($5.7B). That same year, Bhutan ranked 170 in total exports ($456M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $48.6k to Bhutan. The main products exported from Cyprus to Bhutan were Base Metal Watches ($48.6k). During the last 22 years the exports of Cyprus to Bhutan have increased at an annualized rate of 2.71%, from $27k in 2001 to $48.6k in 2023.

Bhutan does not register exports to Cyprus.

Exports from Cyprus () to Bhutan () (2023)

Exports from Bhutan () to Cyprus () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

Bhutan
Top DestinationIndia$421M

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

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

In 2023, countries that imported more from Bhutan than Cyprus included India ($421M) and Malawi ($47k).

Difference in imports from Bhutan () and Cyprus () (2023)

Comparative Advantage Cyprus - Bhutan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cyprus had a large net trade with Bhutan in the exports of Instruments ($48.6k).

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Bhutan () (2023)

Exports from Bhutan () to Cyprus () (2023)

Market Competitiveness

Difference in imports from Bhutan () and Cyprus () (2023)

Comparative Advantage Cyprus - Bhutan

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Bhutan () (2023)

Keep Exploring