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Pricing

2023
Flag → Flag
Exports $34.1MRnk 110 / 211
2023
Flag → Flag
Top Product $18.1MRecreational Boats
2023
Flag → Flag
Exports $6.3MRnk 66 / 196
2023
Flag → Flag
Top Product $2.24MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
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GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
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 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
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GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
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GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 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

South Africa-Cyprus Trade: In 2023, South Africa exported $34.1M to Cyprus. The main products that South Africa exported to Cyprus were Recreational Boats ($18.1M), Delivery Trucks ($4.96M), and Refined Petroleum ($1.81M). Over the past 5 years the exports of South Africa to Cyprus have increased at an annualized rate of 28.7%, from $9.66M in 2018 to $34.1M in 2023.

In 2023, South Africa did not export any services to Cyprus.

Cyprus-South Africa Trade: In 2023, Cyprus exported $6.3M to South Africa. The main products that Cyprus exported to South Africa were Packaged Medicaments ($2.24M), Unpackaged Medicaments ($759k), and Other Processed Fruits and Nuts ($617k). Over the past 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 13.4%,  from $13M in 2018 to $6.3M in 2023.

In 2020, Cyprus exported services to South Africa worth $33.1M, with Financial services ($21.7M), Transportation ($10.3M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07),  and 34 in total exports ($154B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR17.3M and imported ZAR12.6M from Cyprus, resulting in a positive trade balance of ZAR4.7M. Between November 2023 and November 2024 the exports of South Africa have decreased by ZAR-18M (-50.9%) from ZAR35.3M to ZAR17.3M, while imports increased by ZAR8.01M (173%) from ZAR4.64M to ZAR12.6M.

Trade In November 2024, the top exports of South Africa to Cyprus were Refined Petroleum (ZAR4.71M), Electrical Capacitors (ZAR1.2M), Jams (ZAR1.01M), Dried Fruits (ZAR580k), and Cut Flowers (ZAR106k). In November 2024 the top imports of South Africa from Cyprus were Unpackaged Medicaments (ZAR1.4M), Packaged Medicaments (ZAR1.12M), Glues (ZAR831k), Refined Petroleum (ZAR717k), and Industrial Printers (ZAR624k).

Origins In November 2024 the exports of South Africa were mainly from Port Elizabeth (ZAR6.51M), Durban (ZAR6.12M), Cape Town (ZAR3.42M), O.R. Tambo Int Airport (ZAR688k), and Cape Town Int Airport (ZAR609k), while imports destinations were mainly Durban (ZAR10.8M), O.R. Tambo Int Airport (ZAR1.03M), Cape Town Int Airport (ZAR745k), Port Elizabeth (ZAR54k), and Johannesburg (ZAR30k).

Growth In November 2024, the decrease in South Africa's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Cut Flowers (ZAR-84.4k or -44.3%), Engine Parts (ZAR-945 or -19.6%), and Brochures (ZAR-312 or -75.7%). In November 2024, the increase in South Africa's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Packaged Medicaments (ZAR745k or 199%), Refined Petroleum (ZAR700k or 4.07k%), and Medical Instruments (ZAR3.7k or 123k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR-18M(-50.9%)
IMPORT GROWTH (November 2023 - November 2024)ZAR8.01M(173%)
MAIN EXPORTER (November 2024)Port ElizabethZAR6.51M

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

To check Cyprus and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $34.1M to Cyprus. The main products exported from South Africa to Cyprus were Recreational Boats ($18.1M), Delivery Trucks ($4.96M), and Refined Petroleum ($1.81M). During the last 5 years the exports of South Africa to Cyprus have increased at an annualized rate of 28.7%, from $9.66M in 2018 to $34.1M in 2023.

In 2018, Cyprus exported $6.3M to South Africa. The main products exported from Cyprus to South Africa were Packaged Medicaments ($2.24M), Unpackaged Medicaments ($759k), and Other Processed Fruits and Nuts ($617k). During the last 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 13.4%, from $13M in 2023 to $6.3M in 2018.

Exports from South Africa (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from South Africa than Cyprus included China ($29.5B), United States ($13B), and India ($10.8B).

In 2023, countries that imported more from Cyprus than South Africa included Libya ($775M), Greece ($626M), and Lebanon ($438M).

Difference in imports from Cyprus (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Cyprus

Flow
Scale

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

During 2023, South Africa had a large net trade with Cyprus in the exports of Transportation ($24.5M), Foodstuffs ($1.91M), and Mineral Products ($1.83M).

During 2018, Cyprus had a large net trade with South Africa in the exports of Chemical Products ($3.05M), Machines ($1.4M), and Foodstuffs ($900k).

Bilateral Service Trade

In 2020, Cyprus exported services to South Africa worth $33.1M, with Financial services ($21.7M), Transportation ($10.3M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Cyprus (Flag) (2023)

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