Cyprus (CYP) and Vietnam (VNM) Trade | The Observatory of Economic Complexity

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Cyprus-Vietnam Trade: In 2022, Cyprus exported $37.9M to Vietnam. The main products that Cyprus exported to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). Over the past 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 3.35%, from $45M in 2017 to $37.9M in 2022.

In 2022, Cyprus did not export any services to Vietnam.

Vietnam-Cyprus Trade: In 2022, Vietnam exported $61.2M to Cyprus. The main products that Vietnam exported to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). Over the past 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 3.32%, from $47.2M in 2017 to $61.2M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $37.9M to Vietnam. The main products exported from Cyprus to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). During the last 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 3.35%, from $45M in 2017 to $37.9M in 2022.

In 2017, Vietnam exported $61.2M to Cyprus. The main products exported from Vietnam to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). During the last 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 3.32%, from $47.2M in 2022 to $61.2M in 2017.

Exports from Cyprus () to Vietnam () (2022)

Exports from Vietnam () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Vietnam ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Cyprus than Vietnam included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Vietnam than Cyprus included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Cyprus - Vietnam

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Vietnam in the exports of Chemical Products ($36.3M), Machines ($762k), and Paper Goods ($308k).

During 2017, Vietnam had a large net trade with Cyprus in the exports of Chemical Products ($38.4M), Foodstuffs ($5.96M), and Plastics and Rubbers ($4.7M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Vietnam () (2022)

Exports from Vietnam () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Vietnam ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Vietnam

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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