2022
Flag  
GDP
$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH
245%CURRENT US$
Rnk 2 / 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 
$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH
207%CURRENT US$
Rnk 2 / 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

Bangladesh-Cyprus Trade: In 2022, Bangladesh exported $4.92M to Cyprus. The main products that Bangladesh exported to Cyprus were Knit T-shirts ($4.11M), Crustaceans ($3.58M), and Non-Knit Women's Suits ($1.61M). Over the past 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 72.7%, from $320k in 2017 to $4.92M in 2022.

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

Cyprus-Bangladesh Trade: In 2022, Cyprus exported $2.72M to Bangladesh. The main products that Cyprus exported to Bangladesh were Animal Food ($991k), Passenger and Cargo Ships ($661k), and Scrap Iron ($589k). Over the past 5 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 22.8%,  from $973k in 2017 to $2.72M in 2022.

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

Comparison In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82),  and 52 in total exports ($64.2B). 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, Bangladesh exported $4.92M to Cyprus. The main products exported from Bangladesh to Cyprus were Knit T-shirts ($4.11M), Crustaceans ($3.58M), and Non-Knit Women's Suits ($1.61M). During the last 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 72.7%, from $320k in 2017 to $4.92M in 2022.

In 2017, Cyprus exported $2.72M to Bangladesh. The main products exported from Cyprus to Bangladesh were Animal Food ($991k), Passenger and Cargo Ships ($661k), and Scrap Iron ($589k). During the last 22 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 22.8%, from $973k in 1995 to $2.72M in 2017.

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

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

Latest Data

Trade between Bangladesh (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Bangladesh
Top Destination
United States$11.7B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Bangladesh than Cyprus included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

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

Comparative Advantage Bangladesh - Cyprus

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Cyprus in the exports of Textiles ($14.6M), Animal Products ($3.58M), and Footwear and Headwear ($1.56M).

During 2017, Cyprus had a large net trade with Bangladesh in the exports of Foodstuffs ($1.3M), Transportation ($661k), and Metals ($589k).

Economic Complexity

Competitive Landscape

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

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

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