Cyprus (CYP) and Singapore (SGP) Trade | The Observatory of Economic Complexity

About

Cyprus-Singapore In 2022, Cyprus exported $92M to Singapore. The main products that Cyprus exported to Singapore are Passenger and Cargo Ships ($57M), Tug Boats ($11.2M), and Refined Petroleum ($8.98M). During the last 27 years the exports of Cyprus to Singapore have increased at an annualized rate of 1.58%, from $60.2M in 1995 to $92M in 2022.

In 2020, Cyprus exported services to Singapore worth $241M, with Transportation ($216M), Financial services ($22.8M), and Computer and information services ($1.14M) being the largest in terms of value.

Singapore-Cyprus In 2022, Singapore exported $262M to Cyprus. The main products that Singapore exported to Cyprus were Other Sea Vessels ($211M), Passenger and Cargo Ships ($22.3M), and Tug Boats ($9.34M). During the last 27 years the exports of Singapore to Cyprus have increased at an annualized rate of 5.8%, from $57M in 1995 to $262M in 2022.

In 2022, Singapore 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, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $92M to Singapore. The main products exported from Cyprus to Singapore were Passenger and Cargo Ships ($57M), Tug Boats ($11.2M), and Refined Petroleum ($8.98M). During the last 27 years the exports of Cyprus to Singapore have increased at an annualized rate of 1.58%, from $60.2M in 1995 to $92M in 2022.

In 2022, Singapore exported $262M to Cyprus. The main products exported from Singapore to Cyprus were Other Sea Vessels ($211M), Passenger and Cargo Ships ($22.3M), and Tug Boats ($9.34M). During the last 27 years the exports of Singapore to Cyprus have increased at an annualized rate of 5.8%, from $57M in 1995 to $262M in 2022.

Exports from Cyprus () to Singapore () (2022)

Exports from Singapore () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Singapore ()

Cyprus Exports

Date

Singapore Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Singapore
Top DestinationHong Kong$51.6B

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

In 2021, countries that imported more from Cyprus than Singapore were Greece ($471M), Lebanon ($329M), and Liberia ($255M).

In 2021, countries that imported more from Singapore than Cyprus were China ($51.2B), Hong Kong ($51.6B), and Malaysia ($35.9B).

Difference in imports from Singapore () and Cyprus () (2022)

Comparative Advantage Cyprus - Singapore

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Singapore in the exports of Transportation ($69.6M), Mineral Products ($8.98M), and Chemical Products ($4.8M).

During 2022, Singapore had a large net trade with Cyprus in the exports of Transportation ($243M), Chemical Products ($6.27M), and Foodstuffs ($5.18M).

Service Trade

Bilateral Service Trade

Cyp Year

In 2020, Cyprus exported services to Singapore worth $241M, with Transportation ($216M), Financial services ($22.8M), and Computer and information services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Singapore () (2020)

Economic Complexity

Competitive Landscape

Year

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 Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Cyprus.

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Singapore () (2022)

Exports from Singapore () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Singapore ()

Cyprus Exports

Singapore Exports

Market Competitiveness

Difference in imports from Singapore () and Cyprus () (2022)

Comparative Advantage Cyprus - Singapore

Service Trade

Bilateral Service Trade

Services Exports from Cyprus () to Singapore () (2020)

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Singapore () (2022)

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