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2023
Flag → Flag
Exports $146MRnk 149 / 220
2023
Flag → Flag
Top Product $14.7MOther Sea Vessels
2023
Flag → Flag
Exports $147MRnk 11 / 196
2023
Flag → Flag
Top Product $98.6MPassenger and Cargo Ships
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
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GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
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 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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GDP PC $82,769CURRENT US$
Rnk 9 / 195
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195
2023
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GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
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GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

United States-Cyprus Trade: In 2023, United States exported $146M to Cyprus. The main products that United States exported to Cyprus were Other Sea Vessels ($14.7M), Refined Petroleum ($13.7M), and Petroleum Gas ($9.99M). Over the past 5 years the exports of United States to Cyprus have increased at an annualized rate of 6.43%, from $107M in 2018 to $146M in 2023.

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) being the largest in terms of value.

Cyprus-United States Trade: In 2023, Cyprus exported $147M to United States. The main products that Cyprus exported to United States were Passenger and Cargo Ships ($98.6M), Cheese ($11.9M), and Hard Liquor ($2.7M). Over the past 5 years the exports of Cyprus to United States have increased at an annualized rate of 7.66%,  from $102M in 2018 to $147M in 2023.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

Comparison In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5),  and 2 in total exports ($1.86T). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Samsung (124), Kubota (122), and YAMAHA CORPORATION OF AMERICA (107) were at the forefront of exporting goods from Cyprus to the United States. Conversely, Kubota Corporation (122), Samsung Electronics Digital Applian (116), and Yamaha Motor Co. Ltd. (104) were notable for importing products to Cyprus from the United States.

Latest Trends

November, 2024

About

Overview In November 2024, United States exported $6.77M and imported $6.17M from Cyprus, resulting in a positive trade balance of $599k. Between November 2023 and November 2024 the exports of United States have decreased by $-944k (-12.2%) from $7.71M to $6.77M, while imports increased by $3.52M (133%) from $2.65M to $6.17M.

Trade In November 2024, the top exports of United States to Cyprus were Machinery Having Individual Functions ($2.78M), Telephones ($2.47M), Excavation Machinery ($2.41M), Gas Turbines ($2.29M), and Prefabricated Buildings ($1.24M). In November 2024 the top imports of United States from Cyprus were Commodities not elsewhere specified ($1.59M), Leather Footwear ($1.18M), Electrical Resistors ($250k), Baked Goods ($196k), and Cheese ($164k).

Origins In November 2024 the exports of United States were mainly from California ($1.71M), Illinois ($636k), Texas ($613k), Florida ($608k), and Massachusetts ($409k), while imports destinations were mainly Idaho ($4.1M), Kentucky ($484k), New York ($448k), New Jersey ($387k), and California ($118k).

Growth In November 2024, the decrease in United States's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Prefabricated Buildings ($-595k or -32.4%), Other Nuts ($-571k or -96.8%), and Chemical Analysis Instruments ($-237k or -87.8%). In November 2024, the increase in United States's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Other Plastic Products ($31k or 7.53k%) and Non-fillet Fresh Fish ($26.2k or 132%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)$-944k(-12.2%)
IMPORT GROWTH (November 2023 - November 2024)$3.52M(133%)
MAIN EXPORTER (November 2024)California$1.71M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Cyprus and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $146M to Cyprus. The main products exported from United States to Cyprus were Other Sea Vessels ($14.7M), Refined Petroleum ($13.7M), and Petroleum Gas ($9.99M). During the last 5 years the exports of United States to Cyprus have increased at an annualized rate of 6.43%, from $107M in 2018 to $146M in 2023.

In 2018, Cyprus exported $147M to United States. The main products exported from Cyprus to United States were Passenger and Cargo Ships ($98.6M), Cheese ($11.9M), and Hard Liquor ($2.7M). During the last 5 years the exports of Cyprus to United States have increased at an annualized rate of 7.66%, from $102M in 2023 to $147M in 2018.

Exports from United States (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top DestinationCanada$269B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from United States than Cyprus included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Cyprus than United States included Libya ($775M), Marshall Islands ($294M), and Liberia ($225M).

Difference in imports from Cyprus (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Cyprus

Flow
Scale

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

During 2023, United States had a large net trade with Cyprus in the exports of Transportation ($27.5M), Machines ($24.2M), and Mineral Products ($23.9M).

During 2018, Cyprus had a large net trade with United States in the exports of Transportation ($102M), Animal Products ($13.7M), and Machines ($9.97M).

Bilateral Service Trade

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) being the largest in terms of value.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Cyprus (Flag) (2017)

Services Exports from Cyprus (Flag) to United States (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Cyprus (Flag) (2023)

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