2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Cyprus-Cuba Trade: In 2023, Cyprus exported $11k to Cuba. The main products that Cyprus exported to Cuba were Fruit Juice ($11k). Over the past 6 years the exports of Cyprus to Cuba have increased at an annualized rate of 22.9%, from $3.2k in 2017 to $11k in 2023.

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

Cuba-Cyprus Trade: In 2023, Cuba exported $42.5M to Cyprus. The main products that Cuba exported to Cyprus were Rolled Tobacco ($41.5M), Wood Charcoal ($849k), and Paintings ($174k). Over the past 6 years the exports of Cuba to Cyprus have increased at an annualized rate of 1.8%,  from $38.9M in 2017 to $42.5M in 2023.

In 2023, Cuba 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, Cuba ranked 82 in the Economic Complexity Index (ECI -0.42), and 159 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $11k to Cuba. The main products exported from Cyprus to Cuba were Fruit Juice ($11k). During the last 6 years the exports of Cyprus to Cuba have increased at an annualized rate of 22.9%, from $3.2k in 2017 to $11k in 2023.

In 2018, Cuba exported $42.5M to Cyprus. The main products exported from Cuba to Cyprus were Rolled Tobacco ($41.5M), Wood Charcoal ($849k), and Paintings ($174k). During the last 5 years the exports of Cuba to Cyprus have increased at an annualized rate of 1.8%, from $38.9M in 2023 to $42.5M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Cuba (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Cuba
Top Destination
China$358M

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

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

In 2023, countries that imported more from Cuba than Cyprus included China ($358M), Switzerland ($48.2M), and Macau ($29.2M).

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

Comparative Advantage Cyprus - Cuba

Flow
Scale

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

During 2023, Cyprus had a large net trade with Cuba in the exports of Foodstuffs ($11k).

During 2018, Cuba had a large net trade with Cyprus in the exports of Foodstuffs ($41.5M), Wood Products ($849k), and Arts and Antiques ($174k).

Economic Complexity

Competitive Landscape

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

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

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