2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH
49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH
26.5%CURRENT US$
Rnk 71 / 186

About

Cyprus-Saudi Arabia Trade: In 2022, Cyprus exported $24.7M to Saudi Arabia. The main products that Cyprus exported to Saudi Arabia were Cheese ($9.78M), Packaged Medicaments ($5.2M), and Liquid Dispersing Machines ($2.08M). Over the past 5 years the exports of Cyprus to Saudi Arabia have decreased at an annualized rate of 7.72%, from $36.9M in 2017 to $24.7M in 2022.

In 2022, Cyprus did not export any services to Saudi Arabia.

Saudi Arabia-Cyprus Trade: In 2022, Saudi Arabia exported $12.3M to Cyprus. The main products that Saudi Arabia exported to Cyprus were Ethylene Polymers ($7.62M), Other Uncoated Paper ($1.72M), and Kraft Paper ($921k). Over the past 5 years the exports of Saudi Arabia to Cyprus have decreased at an annualized rate of 25.7%,  from $54.5M in 2017 to $12.3M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $24.7M to Saudi Arabia. The main products exported from Cyprus to Saudi Arabia were Cheese ($9.78M), Packaged Medicaments ($5.2M), and Liquid Dispersing Machines ($2.08M). During the last 5 years the exports of Cyprus to Saudi Arabia have decreased at an annualized rate of 7.72%, from $36.9M in 2017 to $24.7M in 2022.

In 2017, Saudi Arabia exported $12.3M to Cyprus. The main products exported from Saudi Arabia to Cyprus were Ethylene Polymers ($7.62M), Other Uncoated Paper ($1.72M), and Kraft Paper ($921k). During the last 5 years the exports of Saudi Arabia to Cyprus have decreased at an annualized rate of 25.7%, from $54.5M in 2022 to $12.3M in 2017.

Exports from Cyprus (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Saudi Arabia (Flag)

Cyprus Exports

Saudi Arabia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Saudi Arabia
Top Destination
China$68B

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

In 2022, countries that imported more from Cyprus than Saudi Arabia included Liberia ($255M), Israel ($254M), and Marshall Islands ($173M).

In 2022, countries that imported more from Saudi Arabia than Cyprus included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Saudi Arabia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Saudi Arabia in the exports of Animal Products ($10.3M), Chemical Products ($5.28M), and Machines ($3.86M).

During 2017, Saudi Arabia had a large net trade with Cyprus in the exports of Plastics and Rubbers ($8.88M), Paper Goods ($2.64M), and Machines ($243k).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Saudi Arabia (Flag) (2022)

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