2022
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GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
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2022
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 GDP
$280MCURRENT US$
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2012-2022
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GDP GROWTH
55.5%CURRENT US$
Rnk 49 / 186
2022
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GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
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GDP PC
$6,728CURRENT US$
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2012-2022
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GDP PC GROWTH
95.3%CURRENT US$
Rnk 9 / 186

About

Cyprus-Marshall Islands In 2022, Cyprus exported $173M to Marshall Islands. The main products that Cyprus exported to Marshall Islands are Passenger and Cargo Ships ($173M) and Tug Boats ($498k). During the last 11 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 128%, from $20.2k in 2011 to $173M in 2022.

In 2022, Cyprus did not export any services to Marshall Islands.

Marshall Islands-Cyprus In 2022, Marshall Islands exported $12.6M to Cyprus. The main products that Marshall Islands exported to Cyprus were Passenger and Cargo Ships ($10.3M), Tug Boats ($1.77M), and Recreational Boats ($527k). During the last 11 years the exports of Marshall Islands to Cyprus have increased at an annualized rate of 91.4%, from $10k in 2011 to $12.6M in 2022.

In 2022, Marshall Islands did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B). That same year, Marshall Islands ranked 160 in total exports ($1.1B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $173M to Marshall Islands. The main products exported from Cyprus to Marshall Islands were Passenger and Cargo Ships ($173M) and Tug Boats ($498k). During the last 11 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 128%, from $20.2k in 2011 to $173M in 2022.

In 2022, Marshall Islands exported $12.6M to Cyprus. The main products exported from Marshall Islands to Cyprus were Passenger and Cargo Ships ($10.3M), Tug Boats ($1.77M), and Recreational Boats ($527k). During the last 24 years the exports of Marshall Islands to Cyprus have increased at an annualized rate of 91.4%, from $10k in 1998 to $12.6M in 2022.

Exports from Cyprus (Flag) to Marshall Islands (Flag) (2022)

Exports from Marshall Islands (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Marshall Islands (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Marshall Islands
Top Destination
Germany$327M

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

In 2021, countries that imported more from Cyprus than Marshall Islands were Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2021, countries that imported more from Marshall Islands than Cyprus were Germany ($327M), Denmark ($159M), and Indonesia ($58.1M).

Difference in imports from Marshall Islands (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Marshall Islands

Flow
Scale

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

During 2022, Cyprus had a large net trade with Marshall Islands in the exports of Transportation ($173M).

During 2022, Marshall Islands had a large net trade with Cyprus in the exports of Transportation ($12.6M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cyprus has comparative advantage over Marshall Islands. Similarly, the more yellow a dot/product is, the more Marshall Islands has comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and Marshall Islands (Flag) (2022)

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