2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

United States-Cyprus In 2022, United States exported $121M to Cyprus. The main products that United States exported to Cyprus are Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). During the last 27 years the exports of United States to Cyprus have decreased at an annualized rate of 4.5%, from $421M in 1995 to $121M in 2022.

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 In 2022, Cyprus exported $90.9M to United States. The main products that Cyprus exported to United States were Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). During the last 27 years the exports of Cyprus to United States have increased at an annualized rate of 5.78%, from $19.9M in 1995 to $90.9M in 2022.

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 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41),  and 2 in total exports ($1.95T). 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, United States exported $121M to Cyprus. The main products exported from United States to Cyprus were Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). During the last 27 years the exports of United States to Cyprus have decreased at an annualized rate of 4.5%, from $421M in 1995 to $121M in 2022.

In 2022, Cyprus exported $90.9M to United States. The main products exported from Cyprus to United States were Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). During the last 27 years the exports of Cyprus to United States have increased at an annualized rate of 5.78%, from $19.9M in 1995 to $90.9M in 2022.

Exports from United States (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Cyprus
Top Destination
Hong Kong$482M

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 2021, countries that imported more from United States than Cyprus were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Cyprus than United States were Seychelles ($70.8M), Liberia ($255M), and Syria ($1.91M).

Difference in imports from Cyprus (Flag) and United States (Flag) (2022)

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 2022, United States had a large net trade with Cyprus in the exports of Machines ($31.3M), Transportation ($29M), and Instruments ($10M).

During 2022, Cyprus had a large net trade with United States in the exports of Machines ($58.5M), Animal Products ($9.5M), and Foodstuffs ($5.23M).

Service Trade

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)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more United States has comparative advantage over Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over United States.

Product Space of United States (Flag) and Cyprus (Flag) (2022)

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