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2022
Flag → Flag
Exports $16.7MRnk 45 / 194
2022
Flag → Flag
Top Product $6.35MPackaged Medicaments
2022
Flag → Flag
Exports $132MRnk 83 / 219
2022
Flag → Flag
Top Product $36.1MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$92,101CURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 186

About

Cyprus-Switzerland Trade: In 2022, Cyprus exported $16.7M to Switzerland. The main products that Cyprus exported to Switzerland were Packaged Medicaments ($6.35M), Cheese ($2.94M), and Base Metal Watches ($1.39M). Over the past 5 years the exports of Cyprus to Switzerland have decreased at an annualized rate of 29.4%, from $95.7M in 2017 to $16.7M in 2022.

In 2020, Cyprus exported services to Switzerland worth $214M, with Transportation ($163M), Travel ($21.7M), and Financial services ($20.6M) being the largest in terms of value.

Switzerland-Cyprus Trade: In 2022, Switzerland exported $132M to Cyprus. The main products that Switzerland exported to Cyprus were Packaged Medicaments ($36.1M), Vaccines, blood, antisera, toxins and cultures ($24.2M), and Base Metal Watches ($10.8M). Over the past 5 years the exports of Switzerland to Cyprus have increased at an annualized rate of 13.3%,  from $55M in 2017 to $132M in 2022.

In 2019, Switzerland exported services to Cyprus worth $9.4M, with Travel ($9.4M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $16.7M to Switzerland. The main products exported from Cyprus to Switzerland were Packaged Medicaments ($6.35M), Cheese ($2.94M), and Base Metal Watches ($1.39M). During the last 5 years the exports of Cyprus to Switzerland have decreased at an annualized rate of 29.4%, from $95.7M in 2017 to $16.7M in 2022.

In 2017, Switzerland exported $132M to Cyprus. The main products exported from Switzerland to Cyprus were Packaged Medicaments ($36.1M), Vaccines, blood, antisera, toxins and cultures ($24.2M), and Base Metal Watches ($10.8M). During the last 5 years the exports of Switzerland to Cyprus have increased at an annualized rate of 13.3%, from $55M in 2022 to $132M in 2017.

Exports from Cyprus (Flag) to Switzerland (Flag) (2022)

Exports from Switzerland (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Switzerland (Flag)

Cyprus Exports

Switzerland Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Switzerland
Top DestinationUnited States$61.7B

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

In 2022, countries that imported more from Cyprus than Switzerland included Liberia ($255M), Marshall Islands ($173M), and Seychelles ($70.8M).

In 2022, countries that imported more from Switzerland than Cyprus included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

Difference in imports from Switzerland (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Switzerland

Flow
Scale

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

During 2022, Cyprus had a large net trade with Switzerland in the exports of Chemical Products ($6.66M), Animal Products ($2.94M), and Instruments ($2.09M).

During 2017, Switzerland had a large net trade with Cyprus in the exports of Chemical Products ($64.3M), Transportation ($23M), and Instruments ($19.2M).

Bilateral Service Trade

In 2020, Cyprus exported services to Switzerland worth $214M, with Transportation ($163M), Travel ($21.7M), and Financial services ($20.6M) being the largest in terms of value.

In 2019, Switzerland exported services to Cyprus worth $9.4M, with Travel ($9.4M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Switzerland (Flag) (2020)

Services Exports from Switzerland (Flag) to Cyprus (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Switzerland (Flag) (2022)

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