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2022
Flag → Flag
Exports $12.6MRnk 12 / 80
2022
Flag → Flag
Top Product $10.3MPassenger and Cargo Ships
2022
Flag → Flag
Exports $173MRnk 8 / 194
2022
Flag → Flag
Top Product $173MPassenger and Cargo Ships
2022
Flag  
GDP$280MCURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP GROWTH55.5%CURRENT US$
Rnk 49 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $6,728CURRENT US$
Rnk 96 / 186
2012-2022
Flag
GDP PC GROWTH95.3%CURRENT US$
Rnk 9 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Marshall Islands-Cyprus Trade: In 2022, Marshall Islands exported $12.6M to Cyprus. The main products that Marshall Islands exported to Cyprus were Passenger and Cargo Ships ($10.3M), Tug Boats ($1.77M), and Recreational Boats ($527k). Over the past 5 years the exports of Marshall Islands to Cyprus have decreased at an annualized rate of 25.8%, from $56.1M in 2017 to $12.6M in 2022.

In 2022, Marshall Islands did not export any services to Cyprus.

Cyprus-Marshall Islands Trade: In 2022, Cyprus exported $173M to Marshall Islands. The main products that Cyprus exported to Marshall Islands were Passenger and Cargo Ships ($173M) and Tug Boats ($498k). Over the past 5 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 1.15%,  from $149M in 2017 to $173M in 2022.

In 2022, Cyprus did not export any services to Marshall Islands.

Comparison In 2022,  Marshall Islands ranked 160 in total exports ($1.1B). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Marshall Islands exported $12.6M to Cyprus. The main products exported from Marshall Islands to Cyprus were Passenger and Cargo Ships ($10.3M), Tug Boats ($1.77M), and Recreational Boats ($527k). During the last 5 years the exports of Marshall Islands to Cyprus have decreased at an annualized rate of 25.8%, from $56.1M in 2017 to $12.6M in 2022.

In 2017, Cyprus exported $173M to Marshall Islands. The main products exported from Cyprus to Marshall Islands were Passenger and Cargo Ships ($173M) and Tug Boats ($498k). During the last 5 years the exports of Cyprus to Marshall Islands have increased at an annualized rate of 1.15%, from $149M in 2022 to $173M in 2017.

Exports from Marshall Islands (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Marshall Islands (Flag) (2022)

Latest Data

Trade between Marshall Islands (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Marshall Islands
Top DestinationGermany$327M
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Marshall Islands than Cyprus included Germany ($327M), Denmark ($159M), and Indonesia ($58.1M).

In 2022, countries that imported more from Cyprus than Marshall Islands included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

Difference in imports from Cyprus (Flag) and Marshall Islands (Flag) (2022)

Comparative Advantage Marshall Islands - Cyprus

Flow
Scale

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

During 2022, Marshall Islands had a large net trade with Cyprus in the exports of Transportation ($12.6M).

During 2017, Cyprus had a large net trade with Marshall Islands in the exports of Transportation ($173M).

Economic Complexity

Competitive Landscape

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

Product Space of Marshall Islands (Flag) and Cyprus (Flag) (2022)

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