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2023
Flag → Flag
Exports $37MRnk 28 / 196
2023
Flag → Flag
Top Product $12.2MFruit Juice
2023
Flag → Flag
Exports $910MRnk 135 / 208
2023
Flag → Flag
Top Product $139MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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 GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
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GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
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GDP PC$12,614CURRENT US$
Rnk 80 / 196
2013-2023
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GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 195

About

Cyprus-China Trade: In 2023, Cyprus exported $37M to China. The main products that Cyprus exported to China were Fruit Juice ($12.2M), Nickel Mattes ($5.05M), and Medical Instruments ($3.4M). Over the past 5 years the exports of Cyprus to China have decreased at an annualized rate of 12.8%, from $73.5M in 2018 to $37M in 2023.

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

China-Cyprus Trade: In 2023, China exported $910M to Cyprus. The main products that China exported to Cyprus were Passenger and Cargo Ships ($139M), Special Purpose Ships ($45.1M), and Other Sea Vessels ($32.9M). Over the past 5 years the exports of China to Cyprus have increased at an annualized rate of 9.11%,  from $589M in 2018 to $910M in 2023.

In 2023, China 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, China ranked 21 in the Economic Complexity Index (ECI 1.16), and 1 in total exports ($3.42T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $37M to China. The main products exported from Cyprus to China were Fruit Juice ($12.2M), Nickel Mattes ($5.05M), and Medical Instruments ($3.4M). During the last 5 years the exports of Cyprus to China have decreased at an annualized rate of 12.8%, from $73.5M in 2018 to $37M in 2023.

In 2018, China exported $910M to Cyprus. The main products exported from China to Cyprus were Passenger and Cargo Ships ($139M), Special Purpose Ships ($45.1M), and Other Sea Vessels ($32.9M). During the last 5 years the exports of China to Cyprus have increased at an annualized rate of 9.11%, from $589M in 2023 to $910M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and China (Flag)

Cyprus Exports

China Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
China
Top DestinationUnited States$436B

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

In 2023, countries that imported more from Cyprus than China included Bermuda ($403M), Saint Martin ($220k), and Guam ($516).

In 2023, countries that imported more from China than Cyprus included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

Comparative Advantage Cyprus - China

Flow
Scale

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

During 2023, Cyprus had a large net trade with China in the exports of Foodstuffs ($15.2M), Metals ($6.32M), and Machines ($5.75M).

During 2018, China had a large net trade with Cyprus in the exports of Machines ($263M), Transportation ($254M), and Metals ($82M).

Economic Complexity

Competitive Landscape

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

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

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