Cyprus (CYP) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Cyprus-Hong Kong Trade: In 2022, Cyprus exported $482M to Hong Kong. The main products that Cyprus exported to Hong Kong were Passenger and Cargo Ships ($454M), Integrated Circuits ($7.9M), and Packaged Medicaments ($3.87M). Over the past 5 years the exports of Cyprus to Hong Kong have increased at an annualized rate of 69.1%, from $34.9M in 2017 to $482M in 2022.

In 2020, Cyprus exported services to Hong Kong worth $33.1M, with Financial services ($25.1M), Travel ($6.85M), and Transportation ($1.14M) being the largest in terms of value.

Hong Kong-Cyprus Trade: In 2022, Hong Kong exported $32.1M to Cyprus. The main products that Hong Kong exported to Cyprus were Broadcasting Equipment ($11.4M), Computers ($2.56M), and Light Fixtures ($1.52M). Over the past 5 years the exports of Hong Kong to Cyprus have increased at an annualized rate of 2.32%, from $28.6M in 2017 to $32.1M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $482M to Hong Kong. The main products exported from Cyprus to Hong Kong were Passenger and Cargo Ships ($454M), Integrated Circuits ($7.9M), and Packaged Medicaments ($3.87M). During the last 5 years the exports of Cyprus to Hong Kong have increased at an annualized rate of 69.1%, from $34.9M in 2017 to $482M in 2022.

In 2017, Hong Kong exported $32.1M to Cyprus. The main products exported from Hong Kong to Cyprus were Broadcasting Equipment ($11.4M), Computers ($2.56M), and Light Fixtures ($1.52M). During the last 5 years the exports of Hong Kong to Cyprus have increased at an annualized rate of 2.32%, from $28.6M in 2022 to $32.1M in 2017.

Exports from Cyprus () to Hong Kong () (2022)

Exports from Hong Kong () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Hong Kong ()

Cyprus Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Hong Kong
Top DestinationChina$23.4B

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

In 2022, countries that imported more from Cyprus than Hong Kong included Greece ($471M), Lebanon ($329M), and Liberia ($255M).

In 2022, countries that imported more from Hong Kong than Cyprus included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong () and Cyprus () (2022)

Comparative Advantage Cyprus - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Hong Kong in the exports of Transportation ($456M), Machines ($11.1M), and Chemical Products ($7.43M).

During 2017, Hong Kong had a large net trade with Cyprus in the exports of Machines ($20.8M), Miscellaneous ($3.56M), and Metals ($1.82M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Hong Kong () (2022)

Exports from Hong Kong () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Hong Kong ()

Cyprus Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Cyprus () (2022)

Comparative Advantage Cyprus - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Hong Kong () (2022)

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