2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
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2022
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 GDP
$477BCURRENT US$
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2012-2022
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GDP GROWTH
70.8%CURRENT US$
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2022
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GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
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2022
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GDP PC
$4,295CURRENT US$
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2012-2022
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GDP PC GROWTH
40.4%CURRENT US$
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About

Cyprus-Egypt Trade: In 2022, Cyprus exported $19M to Egypt. The main products that Cyprus exported to Egypt were Recreational Boats ($4.97M), Liquid Dispersing Machines ($2.85M), and Recovered Paper ($1.53M). Over the past 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 32.1%, from $132M in 2017 to $19M in 2022.

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 2022, Egypt exported $87.3M to Cyprus. The main products that Egypt exported to Cyprus were Coated Flat-Rolled Iron ($9.88M), Hot-Rolled Iron Bars ($9.32M), and Tissue ($9.14M). Over the past 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 4.37%,  from $70.5M in 2017 to $87.3M in 2022.

In 2022, Egypt did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $19M to Egypt. The main products exported from Cyprus to Egypt were Recreational Boats ($4.97M), Liquid Dispersing Machines ($2.85M), and Recovered Paper ($1.53M). During the last 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 32.1%, from $132M in 2017 to $19M in 2022.

In 2017, Egypt exported $87.3M to Cyprus. The main products exported from Egypt to Cyprus were Coated Flat-Rolled Iron ($9.88M), Hot-Rolled Iron Bars ($9.32M), and Tissue ($9.14M). During the last 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 4.37%, from $70.5M in 2022 to $87.3M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Egypt (Flag)

Cyprus Exports

Egypt Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Egypt
Top Destination
Turkey$4.23B

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 2022, countries that imported more from Cyprus than Egypt included Hong Kong ($482M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Egypt than Cyprus included Turkey ($4.23B), Italy ($3.32B), and United States ($3.21B).

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

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 2022, Cyprus had a large net trade with Egypt in the exports of Transportation ($6.13M), Machines ($5.2M), and Paper Goods ($1.66M).

During 2017, Egypt had a large net trade with Cyprus in the exports of Metals ($30.7M), Paper Goods ($14M), and Foodstuffs ($11M).

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) (2022)

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