2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Kuwait-Cyprus Trade: In 2022, Kuwait exported $3.02M to Cyprus. The main products that Kuwait exported to Cyprus were Ethylene Polymers ($1.86M), Sodium or Potassium Peroxides ($650k), and Glass Fibers ($382k). Over the past 5 years the exports of Kuwait to Cyprus have increased at an annualized rate of 5.75%, from $2.28M in 2017 to $3.02M in 2022.

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

Cyprus-Kuwait Trade: In 2022, Cyprus exported $36.3M to Kuwait. The main products that Cyprus exported to Kuwait were Cheese ($16.9M), Soap ($6.73M), and Cleaning Products ($3.12M). Over the past 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 15.8%,  from $17.5M in 2017 to $36.3M in 2022.

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

Comparison In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44),  and 42 in total exports ($101B). 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, Kuwait exported $3.02M to Cyprus. The main products exported from Kuwait to Cyprus were Ethylene Polymers ($1.86M), Sodium or Potassium Peroxides ($650k), and Glass Fibers ($382k). During the last 5 years the exports of Kuwait to Cyprus have increased at an annualized rate of 5.75%, from $2.28M in 2017 to $3.02M in 2022.

In 2017, Cyprus exported $36.3M to Kuwait. The main products exported from Cyprus to Kuwait were Cheese ($16.9M), Soap ($6.73M), and Cleaning Products ($3.12M). During the last 5 years the exports of Cyprus to Kuwait have increased at an annualized rate of 15.8%, from $17.5M in 2022 to $36.3M in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Cyprus (Flag)

Kuwait Exports

Cyprus Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Kuwait than Cyprus included China ($24.3B), India ($15B), and South Korea ($10.8B).

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

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

Comparative Advantage Kuwait - Cyprus

Flow
Scale

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

During 2022, Kuwait had a large net trade with Cyprus in the exports of Plastics and Rubbers ($1.86M), Chemical Products ($651k), and Stone And Glass ($386k).

During 2017, Cyprus had a large net trade with Kuwait in the exports of Animal Products ($16.9M), Chemical Products ($13.8M), and Foodstuffs ($1.93M).

Economic Complexity

Competitive Landscape

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

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

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