Cyprus (CYP) and Iraq (IRQ) Trade | The Observatory of Economic Complexity

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Cyprus-Iraq Trade: In 2022, Cyprus exported $10.5M to Iraq. The main products that Cyprus exported to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). Over the past 5 years the exports of Cyprus to Iraq have decreased at an annualized rate of 4.93%, from $13.6M in 2017 to $10.5M in 2022.

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

Iraq-Cyprus Trade: In 2022, Iraq exported $1.53k to Cyprus. The main products that Iraq exported to Cyprus were Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). Over the past 5 years the exports of Iraq to Cyprus have decreased at an annualized rate of 14.5%, from $3.35k in 2017 to $1.53k in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $10.5M to Iraq. The main products exported from Cyprus to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). During the last 5 years the exports of Cyprus to Iraq have decreased at an annualized rate of 4.93%, from $13.6M in 2017 to $10.5M in 2022.

In 2017, Iraq exported $1.53k to Cyprus. The main products exported from Iraq to Cyprus were Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). During the last 5 years the exports of Iraq to Cyprus have decreased at an annualized rate of 14.5%, from $3.35k in 2022 to $1.53k in 2017.

Exports from Cyprus () to Iraq () (2022)

Exports from Iraq () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Iraq ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Cyprus than Iraq included Hong Kong ($482M), Lebanon ($329M), and United Kingdom ($276M).

In 2022, countries that imported more from Iraq than Cyprus included India ($38.8B), China ($34B), and United States ($10.3B).

Difference in imports from Iraq () and Cyprus () (2022)

Comparative Advantage Cyprus - Iraq

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Iraq in the exports of Chemical Products ($9.74M), Stone And Glass ($327k), and Machines ($237k).

During 2017, Iraq had a large net trade with Cyprus in the exports of Textiles ($903), Machines ($576), and Instruments ($24).

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 Iraq. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Cyprus.

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Iraq () (2022)

Exports from Iraq () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Iraq ()

Cyprus Exports

Market Competitiveness

Difference in imports from Iraq () and Cyprus () (2022)

Comparative Advantage Cyprus - Iraq

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Iraq () (2022)

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