Cyprus (CYP) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Cyprus-New Zealand Trade: In 2023, Cyprus exported $3.55M to New Zealand. The main products that Cyprus exported to New Zealand were Packaged Medicaments ($920k), Cheese ($879k), and Liquid Dispersing Machines ($528k). Over the past 5 years the exports of Cyprus to New Zealand have increased at an annualized rate of 3.28%, from $3.02M in 2018 to $3.55M in 2023.

In 2020, Cyprus exported services to New Zealand worth $35.4M, with Financial services ($35.4M) being the largest in terms of value.

New Zealand-Cyprus Trade: In 2023, New Zealand exported $11.8M to Cyprus. The main products that New Zealand exported to Cyprus were Sheep and Goat Meat ($4.19M), Tractors ($1.96M), and Frozen Bovine Meat ($1.56M). Over the past 5 years the exports of New Zealand to Cyprus have decreased at an annualized rate of 1.82%, from $12.9M in 2018 to $11.8M in 2023.

In 2018, New Zealand exported services to Cyprus worth $4.14M, with Travel ($4.14M) being the largest in terms of value.

Comparison In 2023, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $3.55M to New Zealand. The main products exported from Cyprus to New Zealand were Packaged Medicaments ($920k), Cheese ($879k), and Liquid Dispersing Machines ($528k). During the last 5 years the exports of Cyprus to New Zealand have increased at an annualized rate of 3.28%, from $3.02M in 2018 to $3.55M in 2023.

In 2018, New Zealand exported $11.8M to Cyprus. The main products exported from New Zealand to Cyprus were Sheep and Goat Meat ($4.19M), Tractors ($1.96M), and Frozen Bovine Meat ($1.56M). During the last 5 years the exports of New Zealand to Cyprus have decreased at an annualized rate of 1.82%, from $12.9M in 2023 to $11.8M in 2018.

Exports from Cyprus () to New Zealand () (2023)

Exports from New Zealand () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and New Zealand ()

Cyprus Exports

Date

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

New Zealand
Top DestinationChina$12.3B

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

In 2023, countries that imported more from Cyprus than New Zealand included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from New Zealand than Cyprus included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand () and Cyprus () (2023)

Comparative Advantage Cyprus - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cyprus had a large net trade with New Zealand in the exports of Chemical Products ($920k), Animal Products ($888k), and Machines ($886k).

During 2018, New Zealand had a large net trade with Cyprus in the exports of Animal Products ($6.99M), Transportation ($2.28M), and Foodstuffs ($1.89M).

Bilateral Service Trade

Nzl Year

Cyp Year

In 2020, Cyprus exported services to New Zealand worth $35.4M, with Financial services ($35.4M) being the largest in terms of value.

In 2018, New Zealand exported services to Cyprus worth $4.14M, with Travel ($4.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to New Zealand () (2020)

Services Exports from New Zealand () to Cyprus () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to New Zealand () (2023)

Exports from New Zealand () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and New Zealand ()

Cyprus Exports

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Cyprus () (2023)

Comparative Advantage Cyprus - New Zealand

Bilateral Service Trade

Services Exports from Cyprus () to New Zealand () (2020)

Services Exports from New Zealand () to Cyprus () (2018)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and New Zealand () (2023)

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