2023
Flag  
GDP
$33.9BCURRENT US$
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2013-2023
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GDP GROWTH
41.4%CURRENT US$
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2023
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 GDP
$396BCURRENT US$
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2013-2023
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GDP GROWTH
37.3%CURRENT US$
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2023
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GDP PC 
$36,551CURRENT US$
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2013-2023
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GDP PC GROWTH
31.5%CURRENT US$
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2023
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GDP PC
$3,457CURRENT US$
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2013-2023
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GDP PC GROWTH
14.3%CURRENT US$
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About

Cyprus-Egypt Trade: In 2023, Cyprus exported $15.2M to Egypt. The main products that Cyprus exported to Egypt were Liquid Dispersing Machines ($2.42M), Locust beans, seaweed, sugar beet, cane, for food ($1.51M), and Iron Pipes ($1.4M). Over the past 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 39.7%, from $190M in 2018 to $15.2M in 2023.

In 2020, Cyprus exported services to Egypt worth $4.57M, with Transportation ($1.14M), Travel ($1.14M), and Financial services ($1.14M) being the largest in terms of value.

Egypt-Cyprus Trade: In 2023, Egypt exported $112M to Cyprus. The main products that Egypt exported to Cyprus were Raw Iron Bars ($35.9M), Coated Flat-Rolled Iron ($8M), and Tissue ($5.86M). Over the past 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 14.8%,  from $56.3M in 2018 to $112M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $15.2M to Egypt. The main products exported from Cyprus to Egypt were Liquid Dispersing Machines ($2.42M), Locust beans, seaweed, sugar beet, cane, for food ($1.51M), and Iron Pipes ($1.4M). During the last 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 39.7%, from $190M in 2018 to $15.2M in 2023.

In 2018, Egypt exported $112M to Cyprus. The main products exported from Egypt to Cyprus were Raw Iron Bars ($35.9M), Coated Flat-Rolled Iron ($8M), and Tissue ($5.86M). During the last 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 14.8%, from $56.3M in 2023 to $112M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Egypt (Flag)

Cyprus Exports

Egypt Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Egypt
Top Destination
Saudi Arabia$5.31B

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

In 2023, countries that imported more from Cyprus than Egypt included Bermuda ($403M), Marshall Islands ($294M), and Liberia ($225M).

In 2023, countries that imported more from Egypt than Cyprus included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

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

Comparative Advantage Cyprus - Egypt

Flow
Scale

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

During 2023, Cyprus had a large net trade with Egypt in the exports of Machines ($4.42M), Metals ($1.68M), and Foodstuffs ($1.53M).

During 2018, Egypt had a large net trade with Cyprus in the exports of Metals ($55.5M), Chemical Products ($10.6M), and Plastics and Rubbers ($8.48M).

Economic Complexity

Competitive Landscape

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

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

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