2022
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GDP
$4.23TCURRENT US$
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2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$28.4BCURRENT US$
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2012-2022
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13.5%CURRENT US$
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GDP PC 
$33,815CURRENT US$
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-31.2%CURRENT US$
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$31,284CURRENT US$
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2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
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About

Japan-Cyprus Trade: In 2022, Japan exported $214M to Cyprus. The main products that Japan exported to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). Over the past 5 years the exports of Japan to Cyprus have increased at an annualized rate of 12%, from $122M in 2017 to $214M in 2022.

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

Cyprus-Japan Trade: In 2022, Cyprus exported $1.72M to Japan. The main products that Cyprus exported to Japan were Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). Over the past 5 years the exports of Cyprus to Japan have increased at an annualized rate of 5.91%,  from $1.29M in 2017 to $1.72M in 2022.

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($728B). 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
Value

In 2022, Japan exported $214M to Cyprus. The main products exported from Japan to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). During the last 5 years the exports of Japan to Cyprus have increased at an annualized rate of 12%, from $122M in 2017 to $214M in 2022.

In 2017, Cyprus exported $1.72M to Japan. The main products exported from Cyprus to Japan were Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). During the last 5 years the exports of Cyprus to Japan have increased at an annualized rate of 5.91%, from $1.29M in 2022 to $1.72M in 2017.

Exports from Japan (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Japan (Flag) (2022)

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Japan than Cyprus included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Cyprus than Japan included Greece ($471M), Libya ($133M), and Lebanon ($329M).

Difference in imports from Cyprus (Flag) and Japan (Flag) (2022)

Comparative Advantage Japan - Cyprus

Flow
Scale

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

During 2022, Japan had a large net trade with Cyprus in the exports of Transportation ($200M), Machines ($6.04M), and Plastics and Rubbers ($3.31M).

During 2017, Cyprus had a large net trade with Japan in the exports of Foodstuffs ($469k), Chemical Products ($369k), and Textiles ($255k).

Bilateral Service Trade

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Japan (Flag) and Cyprus (Flag) (2022)

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