Flag Cyprus / Saudi Arabia Flag

2021
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Exports
: $47.8M, Rnk 26 / 198

2021
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Top Product
: $24.6M, Cheese

2021
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Exports
: $46.5M, Rnk 84 / 183

2021
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Top Product
: $19.4M, Ethers

2021
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Economic Complexity (ECI)
: ECI 0.9, Rnk 31 / 131

2021
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GDP
: $27.7B, CURRENT US$
Rnk 99 / 182

2011-2021
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GDP GROWTH
: 0.56%, CURRENT US$
Rnk 146 / 182

2021
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 GDP
: $834B, CURRENT US$
Rnk 18 / 182

2011-2021
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GDP GROWTH
: 24.2%, CURRENT US$
Rnk 99 / 182

2021
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GDP PC 
: $30,798, CURRENT US$
Rnk 31 / 182

2011-2021
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GDP PC GROWTH
: -4.93%, CURRENT US$
Rnk 140 / 182

2021
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GDP PC
: $23,586, CURRENT US$
Rnk 39 / 182

2011-2021
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GDP PC GROWTH
: -0.67%, CURRENT US$
Rnk 128 / 182

Cyprus-Saudi Arabia In 2021, Cyprus exported $47.8M to Saudi Arabia. The main products that Cyprus exported to Saudi Arabia are Cheese ($24.6M), Other Sea Vessels ($6M), and Packaged Medicaments ($5.4M). During the last 26 years the exports of Cyprus to Saudi Arabia have increased at an annualized rate of 4.06%, from $17M in 1995 to $47.8M in 2021.

In 2021, Cyprus did not export any services to Saudi Arabia.

Saudi Arabia-Cyprus In 2021, Saudi Arabia exported $46.5M to Cyprus. The main products that Saudi Arabia exported to Cyprus were Ethers ($19.4M), Refined Petroleum ($16.8M), and Ethylene Polymers ($5.94M). During the last 26 years the exports of Saudi Arabia to Cyprus have increased at an annualized rate of 2.82%, from $22.6M in 1995 to $46.5M in 2021.

In 2021, Saudi Arabia did not export any services to Cyprus.

Comparison In 2021,  Cyprus ranked 118 in total exports ($5.16B), and does not have data regarding Economic Complexity Index. That same year, Saudi Arabia ranked 31 in the Economic Complexity Index (ECI 0.9), and 26 in total exports ($256B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, Cyprus exported $47.8M to Saudi Arabia. The main products exported from Cyprus to Saudi Arabia were Cheese ($24.6M), Other Sea Vessels ($6M), and Packaged Medicaments ($5.4M). During the last 26 years the exports of Cyprus to Saudi Arabia have increased at an annualized rate of 4.06%, from $17M in 1995 to $47.8M in 2021.

In 2021, Saudi Arabia exported $46.5M to Cyprus. The main products exported from Saudi Arabia to Cyprus were Ethers ($19.4M), Refined Petroleum ($16.8M), and Ethylene Polymers ($5.94M). During the last 26 years the exports of Saudi Arabia to Cyprus have increased at an annualized rate of 2.82%, from $22.6M in 1995 to $46.5M in 2021.

Cyprus Exports

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Saudi Arabia Exports

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Market Competitiveness

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Color

Cyprus
Top Destination
: Greece, $744M

Saudi Arabia
Top Destination
: China, $48.7B

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 2021, countries that imported more from Cyprus than Saudi Arabia were Marshall Islands ($297M), Israel ($249M), and British Virgin Islands ($238M).

In 2021, countries that imported more from Saudi Arabia than Cyprus were China ($48.7B), India ($25.6B), and Japan ($24.1B).

Comparative Advantage Cyprus - Saudi Arabia

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Flow
Scale

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

During 2021, Cyprus had a large net trade with Saudi Arabia in the exports of Animal Products ($25.9M), Transportation ($6M), and Chemical Products ($5.82M).

During 2021, Saudi Arabia had a large net trade with Cyprus in the exports of Chemical Products ($19.4M), Mineral Products ($16.8M), and Plastics and Rubbers ($7M).

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 yellow.  This mean that the more blue a dot/product is, the more Cyprus has comparative advantage over Saudi Arabia. Similarly, the more yellow a dot/product is, the more Saudi Arabia has comparative advantage over Cyprus.