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2023
Flag → Flag
Exports $6.2MRnk 67 / 196
2023
Flag → Flag
Top Product $2.16MPackaged Medicaments
2023
Flag → Flag
Exports $45.2MRnk 55 / 140
2023
Flag → Flag
Top Product $37.3MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.33Rnk 78 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$213BCURRENT US$
Rnk 55 / 195
2013-2023
Flag
GDP GROWTH7.18%CURRENT US$
Rnk 163 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$80,196CURRENT US$
Rnk 10 / 196
2013-2023
Flag
GDP PC GROWTH-22.7%CURRENT US$
Rnk 182 / 195

About

Cyprus-Qatar Trade: In 2023, Cyprus exported $6.2M to Qatar. The main products that Cyprus exported to Qatar were Packaged Medicaments ($2.16M), Dairy Machinery ($988k), and Rolled Tobacco ($645k). Over the past 5 years the exports of Cyprus to Qatar have decreased at an annualized rate of 9.27%, from $10.1M in 2018 to $6.2M in 2023.

In 2023, Cyprus did not export any services to Qatar.

Qatar-Cyprus Trade: In 2023, Qatar exported $45.2M to Cyprus. The main products that Qatar exported to Cyprus were Refined Petroleum ($37.3M), Ethers ($6.12M), and Ethylene Polymers ($1.43M). Over the past 5 years the exports of Qatar to Cyprus have increased at an annualized rate of 41.8%,  from $7.88M in 2018 to $45.2M in 2023.

In 2023, Qatar 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, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $6.2M to Qatar. The main products exported from Cyprus to Qatar were Packaged Medicaments ($2.16M), Dairy Machinery ($988k), and Rolled Tobacco ($645k). During the last 5 years the exports of Cyprus to Qatar have decreased at an annualized rate of 9.27%, from $10.1M in 2018 to $6.2M in 2023.

In 2018, Qatar exported $45.2M to Cyprus. The main products exported from Qatar to Cyprus were Refined Petroleum ($37.3M), Ethers ($6.12M), and Ethylene Polymers ($1.43M). During the last 5 years the exports of Qatar to Cyprus have increased at an annualized rate of 41.8%, from $7.88M in 2023 to $45.2M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Qatar (Flag)

Cyprus Exports

Qatar Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Qatar
Top DestinationChina$20.9B

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

In 2023, countries that imported more from Cyprus than Qatar included Libya ($775M), Greece ($626M), and Bermuda ($403M).

In 2023, countries that imported more from Qatar than Cyprus included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

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

Comparative Advantage Cyprus - Qatar

Flow
Scale

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

During 2023, Cyprus had a large net trade with Qatar in the exports of Chemical Products ($2.31M), Machines ($1.37M), and Foodstuffs ($1.1M).

During 2018, Qatar had a large net trade with Cyprus in the exports of Mineral Products ($37.3M), Chemical Products ($6.12M), and Plastics and Rubbers ($1.66M).

Economic Complexity

Competitive Landscape

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

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

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