Flag Cyprus / Marshall Islands Flag

Exports FlagFlag  (2018): $2.08M, Rnk 82 / 190

Top Product FlagFlag (2018): $2.08M, Tug Boats

Exports FlagFlag (2018): $145M, Rnk 2 / 58

Top Product FlagFlag (2018): $145M, Passenger and Cargo Ships

Economic Complexity of Flag (2018): ECI 0.57, Rnk 44 / 137

GDP Flag (2018): $25B, CURRENT US$
Rnk 108 / 196

GDP GROWTH Flag (2008-2018): -10.4%, CURRENT US$
Rnk 184 / 196

GDP Flag (2018): $221M, CURRENT US$
Rnk 193 / 196

GDP GROWTH Flag (2008-2018): 44.5%, CURRENT US$
Rnk 90 / 196

GDP PC Flag (2018): $28,690, CURRENT US$
Rnk 37 / 196

GDP PC GROWTH Flag (2008-2018): -18.9%, CURRENT US$
Rnk 181 / 196

GDP PC Flag (2018): $3,788, CURRENT US$
Rnk 125 / 196

GDP PC GROWTH Flag (2008-2018): 39%, CURRENT US$
Rnk 63 / 196

Cyprus-Marshall Islands: In 2018, Cyprus exported $2.08M to Marshall Islands. The main products exported from Cyprus to Marshall Islands were Tug Boats ($2.08M). During the last 7 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 93.9%, from $20.2k in 2011 to $2.08M in 2018.

Marshall Islands-Cyprus: In 2018, Marshall Islands exported $145M to Cyprus. The main products exported from Marshall Islands to Cyprus were Passenger and Cargo Ships ($145M). During the last 20 years the exports of Marshall Islands to Cyprus have increased at an annualized rate of 293%, from $10k in 1998 to $145M in 2018.

Comparison: In 2018, Cyprus ranked 44 in the Economic Complexity Index (ECI 0.57), and 113 in total exports ($5.09B). That same year, Marshall Islands ranked 159 in total exports ($661M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Cyprus was ranked 37 with a GDP Per Capita of $28,690, and Marshall Islands was ranked 125 with a GDP Per Capita of $3,788.

Bilateral Trade by Products

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Depth
Value

In 2018, Cyprus exported $2.08M to Marshall Islands. The main products exported from Cyprus to Marshall Islands were Tug Boats ($2.08M). During the last 7 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 93.9%, from $20.2k in 2011 to $2.08M in 2018.

In 2018, Marshall Islands exported $145M to Cyprus. The main products exported from Marshall Islands to Cyprus were Passenger and Cargo Ships ($145M). During the last 20 years the exports of Marshall Islands to Cyprus have increased at an annualized rate of 293%, from $10k in 1998 to $145M in 2018.

Market Competitiveness

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Measure

Cyprus
Top Destination
: Cayman Islands, $753M

Marshall Islands
Top Destination
: South Korea, $148M

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 2018, countries that imported more from Cyprus than Marshall Islands were Cayman Islands ($753M), Libya ($457M), and Greece ($461M).

In 2018, countries that imported more from Marshall Islands than Cyprus were South Korea ($148M), Indonesia ($52.8M), and Thailand ($29.9M).

Comparative Advantage Cyprus - Marshall Islands

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Depth

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

During 2018, Cyprus had a large net trade with Marshall Islands in the exports of Transportation ($2.08M).

During 2018, Marshall Islands had a large net trade with Cyprus in the exports of Transportation ($145M).

Trade Forecasts

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This section shows a forecast for total trade between Cyprus and Marshall Islands. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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