2022
Flag  
GDP
$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH
56.5%CURRENT US$
Rnk 47 / 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 
$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH
23.5%CURRENT US$
Rnk 75 / 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

Palestine-Cyprus Trade: In 2022, Palestine exported $54.1k to Cyprus. The main products that Palestine exported to Cyprus were Other Processed Fruits and Nuts ($23.9k), Other Edible Preparations ($23.6k), and Building Stone ($6.55k). Over the past 5 years the exports of Palestine to Cyprus have increased at an annualized rate of 33.2%, from $12.9k in 2017 to $54.1k in 2022.

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

Cyprus-Palestine Trade: In 2022, Cyprus exported $2.55M to Palestine. The main products that Cyprus exported to Palestine were Packaged Medicaments ($2.03M), Plastic Pipes ($100k), and Centrifuges ($77.4k). Over the past 5 years the exports of Cyprus to Palestine have increased at an annualized rate of 46.4%,  from $378k in 2017 to $2.55M in 2022.

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

Comparison In 2022,  Palestine ranked 150 in total exports ($1.61B). 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, Palestine exported $54.1k to Cyprus. The main products exported from Palestine to Cyprus were Other Processed Fruits and Nuts ($23.9k), Other Edible Preparations ($23.6k), and Building Stone ($6.55k). During the last 5 years the exports of Palestine to Cyprus have increased at an annualized rate of 33.2%, from $12.9k in 2017 to $54.1k in 2022.

In 2017, Cyprus exported $2.55M to Palestine. The main products exported from Cyprus to Palestine were Packaged Medicaments ($2.03M), Plastic Pipes ($100k), and Centrifuges ($77.4k). During the last 5 years the exports of Cyprus to Palestine have increased at an annualized rate of 46.4%, from $378k in 2022 to $2.55M in 2017.

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

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

Latest Data

Trade between Palestine (Flag) and Cyprus (Flag)

Palestine Exports

Cyprus Exports

Market Competitiveness

Color
Palestine
Top Destination
Israel$1.3B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Palestine than Cyprus included Israel ($1.3B) and Jordan ($159M).

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

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

Comparative Advantage Palestine - Cyprus

Flow
Scale

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

During 2022, Palestine had a large net trade with Cyprus in the exports of Foodstuffs ($47.4k), Stone And Glass ($6.58k), and Paper Goods ($51).

During 2017, Cyprus had a large net trade with Palestine in the exports of Chemical Products ($2.05M), Plastics and Rubbers ($146k), and Machines ($123k).

Economic Complexity

Competitive Landscape

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

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

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