2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$363BCURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP GROWTH
-4.87%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$6,947CURRENT US$
Rnk 104 / 196
2013-2023
Flag
GDP PC GROWTH
-16.1%CURRENT US$
Rnk 173 / 195

About

Cyprus-Colombia Trade: In 2023, Cyprus exported $640k to Colombia. The main products that Cyprus exported to Colombia were Medical Instruments ($148k), Video Displays ($125k), and Liquid Dispersing Machines ($116k). Over the past 5 years the exports of Cyprus to Colombia have decreased at an annualized rate of 5.38%, from $843k in 2018 to $640k in 2023.

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

Colombia-Cyprus Trade: In 2023, Colombia exported $577k to Cyprus. The main products that Colombia exported to Cyprus were Coffee ($195k), Cut Flowers ($69.6k), and Oscilloscopes ($59.9k). Over the past 5 years the exports of Colombia to Cyprus have decreased at an annualized rate of 19.2%,  from $1.68M in 2018 to $577k in 2023.

In 2023, Colombia 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, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $640k to Colombia. The main products exported from Cyprus to Colombia were Medical Instruments ($148k), Video Displays ($125k), and Liquid Dispersing Machines ($116k). During the last 5 years the exports of Cyprus to Colombia have decreased at an annualized rate of 5.38%, from $843k in 2018 to $640k in 2023.

In 2018, Colombia exported $577k to Cyprus. The main products exported from Colombia to Cyprus were Coffee ($195k), Cut Flowers ($69.6k), and Oscilloscopes ($59.9k). During the last 5 years the exports of Colombia to Cyprus have decreased at an annualized rate of 19.2%, from $1.68M in 2023 to $577k in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Colombia (Flag)

Cyprus Exports

Colombia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Colombia
Top Destination
United States$14.8B

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

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

In 2023, countries that imported more from Colombia than Cyprus included United States ($14.8B), Panama ($4.66B), and India ($2.51B).

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

Comparative Advantage Cyprus - Colombia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Colombia in the exports of Machines ($293k), Instruments ($176k), and Miscellaneous ($55.8k).

During 2018, Colombia had a large net trade with Cyprus in the exports of Vegetable Products ($265k), Instruments ($73.4k), and Textiles ($54.6k).

Economic Complexity

Competitive Landscape

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

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

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