Iran (IRN) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Iran-Cyprus Trade: In 2022, Iran exported $409k to Cyprus. The main products that Iran exported to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). Over the past 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%, from $1.68M in 2017 to $409k in 2022.

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

Cyprus-Iran Trade: In 2022, Cyprus exported $9.66M to Iran. The main products that Cyprus exported to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). Over the past 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 19.7%, from $44.9M in 2017 to $9.66M in 2022.

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

Comparison In 2022, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Iran exported $409k to Cyprus. The main products exported from Iran to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). During the last 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%, from $1.68M in 2017 to $409k in 2022.

In 2017, Cyprus exported $9.66M to Iran. The main products exported from Cyprus to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). During the last 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 19.7%, from $44.9M in 2022 to $9.66M in 2017.

Exports from Iran () to Cyprus () (2022)

Exports from Cyprus () to Iran () (2022)

Latest Data

Trade between Iran () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Iran
Top DestinationChina$5.72B

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Iran than Cyprus included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Cyprus than Iran included Hong Kong ($482M), Greece ($471M), and Liberia ($255M).

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

Comparative Advantage Iran - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Iran had a large net trade with Cyprus in the exports of Vegetable Products ($259k), Metals ($66.1k), and Textiles ($64k).

During 2017, Cyprus had a large net trade with Iran in the exports of Chemical Products ($8.14M), Plastics and Rubbers ($1.33M), and Instruments ($102k).

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 Iran and Cyprus. This means that a dot/product with the flag of Iran indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Iran.

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Historical Data

Bilateral Trade by Products

Exports from Iran () to Cyprus () (2022)

Exports from Cyprus () to Iran () (2022)

Latest Data

Trade between Iran () and Cyprus ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Iran - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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