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2023
Flag → Flag
Exports $147MRnk 11 / 196
2023
Flag → Flag
Top Product $98.6MPassenger and Cargo Ships
2023
Flag → Flag
Exports $146MRnk 149 / 220
2023
Flag → Flag
Top Product $14.7MOther Sea Vessels
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Cyprus-United States Trade: In 2023, Cyprus exported $147M to United States. The main products that Cyprus exported to United States were Passenger and Cargo Ships ($98.6M), Cheese ($11.9M), and Hard Liquor ($2.7M). Over the past 5 years the exports of Cyprus to United States have increased at an annualized rate of 7.66%, from $102M in 2018 to $147M in 2023.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

United States-Cyprus Trade: In 2023, United States exported $146M to Cyprus. The main products that United States exported to Cyprus were Other Sea Vessels ($14.7M), Refined Petroleum ($13.7M), and Petroleum Gas ($9.99M). Over the past 5 years the exports of United States to Cyprus have increased at an annualized rate of 6.43%,  from $107M in 2018 to $146M in 2023.

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $147M to United States. The main products exported from Cyprus to United States were Passenger and Cargo Ships ($98.6M), Cheese ($11.9M), and Hard Liquor ($2.7M). During the last 5 years the exports of Cyprus to United States have increased at an annualized rate of 7.66%, from $102M in 2018 to $147M in 2023.

In 2018, United States exported $146M to Cyprus. The main products exported from United States to Cyprus were Other Sea Vessels ($14.7M), Refined Petroleum ($13.7M), and Petroleum Gas ($9.99M). During the last 5 years the exports of United States to Cyprus have increased at an annualized rate of 6.43%, from $107M in 2023 to $146M in 2018.

Exports from Cyprus (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and United States (Flag)

Cyprus Exports

United States Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Cyprus than United States included Libya ($775M), Marshall Islands ($294M), and Liberia ($225M).

In 2023, countries that imported more from United States than Cyprus included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - United States

Flow
Scale

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

During 2023, Cyprus had a large net trade with United States in the exports of Transportation ($102M), Animal Products ($13.7M), and Machines ($9.97M).

During 2018, United States had a large net trade with Cyprus in the exports of Transportation ($27.5M), Machines ($24.2M), and Mineral Products ($23.9M).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and United States (Flag) (2023)

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