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2022
Flag → Flag
Exports $9.39MRnk 62 / 194
2022
Flag → Flag
Top Product $4.04MTug Boats
2022
Flag → Flag
Exports $16.2MRnk 38 / 154
2022
Flag → Flag
Top Product $13.7MCoal Tar Oil
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186

About

Cyprus-Georgia Trade: In 2022, Cyprus exported $9.39M to Georgia. The main products that Cyprus exported to Georgia were Tug Boats ($4.04M), Video and Card Games ($985k), and Packaged Medicaments ($718k). Over the past 5 years the exports of Cyprus to Georgia have decreased at an annualized rate of 5.87%, from $12.7M in 2017 to $9.39M in 2022.

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

Georgia-Cyprus Trade: In 2022, Georgia exported $16.2M to Cyprus. The main products that Georgia exported to Cyprus were Coal Tar Oil ($13.7M), Polyacetals ($807k), and Hard Liquor ($635k). Over the past 5 years the exports of Georgia to Cyprus have increased at an annualized rate of 14.5%,  from $8.23M in 2017 to $16.2M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $9.39M to Georgia. The main products exported from Cyprus to Georgia were Tug Boats ($4.04M), Video and Card Games ($985k), and Packaged Medicaments ($718k). During the last 5 years the exports of Cyprus to Georgia have decreased at an annualized rate of 5.87%, from $12.7M in 2017 to $9.39M in 2022.

In 2017, Georgia exported $16.2M to Cyprus. The main products exported from Georgia to Cyprus were Coal Tar Oil ($13.7M), Polyacetals ($807k), and Hard Liquor ($635k). During the last 5 years the exports of Georgia to Cyprus have increased at an annualized rate of 14.5%, from $8.23M in 2022 to $16.2M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Georgia (Flag)

Cyprus Exports

Georgia Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Georgia
Top DestinationChina$759M

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

In 2022, countries that imported more from Cyprus than Georgia included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2022, countries that imported more from Georgia than Cyprus included China ($759M), Azerbaijan ($668M), and Russia ($642M).

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

Comparative Advantage Cyprus - Georgia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Georgia in the exports of Transportation ($4.06M), Machines ($1.88M), and Miscellaneous ($1.04M).

During 2017, Georgia had a large net trade with Cyprus in the exports of Mineral Products ($13.7M), Plastics and Rubbers ($1.18M), and Foodstuffs ($889k).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Georgia (Flag) (2022)

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