2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
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GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
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 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Brazil-Cyprus Trade: In 2023, Brazil exported $238M to Cyprus. The main products that Brazil exported to Cyprus were Crude Petroleum ($142M), Refined Petroleum ($76.9M), and Fruit Juice ($5.53M). Over the past 5 years the exports of Brazil to Cyprus have decreased at an annualized rate of 2.32%, from $268M in 2018 to $238M in 2023.

In 2023, Brazil did not export any services to Cyprus.

Cyprus-Brazil Trade: In 2023, Cyprus exported $2.65M to Brazil. The main products that Cyprus exported to Brazil were Liquid Dispersing Machines ($1.29M), Unsaturated Acyclic Monocarboxylic Acids ($250k), and Plastic Pipes ($173k). Over the past 5 years the exports of Cyprus to Brazil have increased at an annualized rate of 0.23%,  from $2.62M in 2018 to $2.65M in 2023.

In 2020, Cyprus exported services to Brazil worth $3.43M, with Transportation ($2.28M) and Financial services ($1.14M) being the largest in terms of value.

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $238M to Cyprus. The main products exported from Brazil to Cyprus were Crude Petroleum ($142M), Refined Petroleum ($76.9M), and Fruit Juice ($5.53M). During the last 5 years the exports of Brazil to Cyprus have decreased at an annualized rate of 2.32%, from $268M in 2018 to $238M in 2023.

In 2018, Cyprus exported $2.65M to Brazil. The main products exported from Cyprus to Brazil were Liquid Dispersing Machines ($1.29M), Unsaturated Acyclic Monocarboxylic Acids ($250k), and Plastic Pipes ($173k). During the last 5 years the exports of Cyprus to Brazil have increased at an annualized rate of 0.23%, from $2.62M in 2023 to $2.65M in 2018.

Exports from Brazil (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Brazil than Cyprus included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Cyprus than Brazil included Bermuda ($403M), Libya ($775M), and Greece ($626M).

Difference in imports from Cyprus (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Cyprus

Flow
Scale

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

During 2023, Brazil had a large net trade with Cyprus in the exports of Mineral Products ($219M), Foodstuffs ($6.09M), and Machines ($4.68M).

During 2018, Cyprus had a large net trade with Brazil in the exports of Machines ($1.74M), Chemical Products ($390k), and Plastics and Rubbers ($179k).

Bilateral Service Trade

In 2020, Cyprus exported services to Brazil worth $3.43M, with Transportation ($2.28M) and Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Brazil (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of Brazil (Flag) and Cyprus (Flag) (2023)

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