2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 75 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$4,876CURRENT US$
Rnk 123 / 196
2013-2023
Flag
GDP PC GROWTH
36.7%CURRENT US$
Rnk 66 / 195

About

Cyprus-Indonesia Trade: In 2023, Cyprus exported $13.9M to Indonesia. The main products that Cyprus exported to Indonesia were Video Displays ($5.13M), Passenger and Cargo Ships ($2.68M), and Video Recording Equipment ($2.29M). Over the past 5 years the exports of Cyprus to Indonesia have increased at an annualized rate of 7.02%, from $9.9M in 2018 to $13.9M in 2023.

In 2018, Cyprus exported services to Indonesia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

Indonesia-Cyprus Trade: In 2023, Indonesia exported $20.5M to Cyprus. The main products that Indonesia exported to Cyprus were Tissue ($6.84M), Uncoated Paper ($3.03M), and Processed Crustaceans ($2.59M). Over the past 5 years the exports of Indonesia to Cyprus have increased at an annualized rate of 9.63%,  from $13M in 2018 to $20.5M in 2023.

In 2023, Indonesia 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, Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $13.9M to Indonesia. The main products exported from Cyprus to Indonesia were Video Displays ($5.13M), Passenger and Cargo Ships ($2.68M), and Video Recording Equipment ($2.29M). During the last 5 years the exports of Cyprus to Indonesia have increased at an annualized rate of 7.02%, from $9.9M in 2018 to $13.9M in 2023.

In 2018, Indonesia exported $20.5M to Cyprus. The main products exported from Indonesia to Cyprus were Tissue ($6.84M), Uncoated Paper ($3.03M), and Processed Crustaceans ($2.59M). During the last 5 years the exports of Indonesia to Cyprus have increased at an annualized rate of 9.63%, from $13M in 2023 to $20.5M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Indonesia (Flag)

Cyprus Exports

Indonesia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Indonesia
Top Destination
China$70.7B

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

In 2023, countries that imported more from Cyprus than Indonesia included Libya ($775M), Bermuda ($403M), and Lebanon ($438M).

In 2023, countries that imported more from Indonesia than Cyprus included China ($70.7B), United States ($27.9B), and India ($24B).

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

Comparative Advantage Cyprus - Indonesia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Indonesia in the exports of Machines ($7.73M), Transportation ($5.08M), and Foodstuffs ($687k).

During 2018, Indonesia had a large net trade with Cyprus in the exports of Paper Goods ($10.4M), Foodstuffs ($2.82M), and Miscellaneous ($1.69M).

Economic Complexity

Competitive Landscape

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

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

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