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2022
Flag → Flag
Exports $482MRnk 1 / 194
2022
Flag → Flag
Top Product $454MPassenger and Cargo Ships
2022
Flag → Flag
Exports $32.1MRnk 100 / 198
2022
Flag → Flag
Top Product $11.4MBroadcasting Equipment
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
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 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
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GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
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GDP PC$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

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
Value

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 (Flag) to Hong Kong (Flag) (2022)

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

Latest Data

Trade between Cyprus (Flag) and Hong Kong (Flag)

Cyprus Exports

Hong Kong Exports

Market Competitiveness

Color
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 (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Hong Kong

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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