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Pricing

2023
Flag → Flag
Exports $85.6MRnk 90 / 215
2023
Flag → Flag
Top Product $75.1MPlanes, Helicopters, and/or Spacecraft
2023
Flag → Flag
Exports $12.1MRnk 52 / 196
2023
Flag → Flag
Top Product $4.04MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag  
GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Canada-Cyprus Trade: In 2023, Canada exported $85.6M to Cyprus. The main products that Canada exported to Cyprus were Planes, Helicopters, and/or Spacecraft ($75.1M), Tractors ($1.3M), and Dried Legumes ($1.15M). Over the past 5 years the exports of Canada to Cyprus have increased at an annualized rate of 41.4%, from $15.1M in 2018 to $85.6M in 2023.

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) being the largest in terms of value.

Cyprus-Canada Trade: In 2023, Cyprus exported $12.1M to Canada. The main products that Cyprus exported to Canada were Packaged Medicaments ($4.04M), Cheese ($1.91M), and Salt ($730k). Over the past 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.5%,  from $6.14M in 2018 to $12.1M in 2023.

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Canada exported C$875k and imported C$1.46M from Cyprus, resulting in a negative trade balance of C$581k. Between December 2023 and December 2024 the exports of Canada have decreased by C$-466k (-34.8%) from C$1.34M to C$875k, while imports increased by C$467k (47.3%) from C$989k to C$1.46M.

Trade In December 2024, the top exports of Canada to Cyprus were Telephones (C$386k), Dried Legumes (C$321k), Baked Goods (C$166k), Animal Food (C$118k), and Medical Instruments (C$106k). In December 2024 the top imports of Canada from Cyprus were Packaged Medicaments (C$396k), Washing and Bottling Machines (C$149k), Salt (C$116k), Other Agricultural Machinery (C$68.9k), and Unpackaged Medicaments (C$66.5k).

Origins In December 2024 the exports of Canada were mainly from Ontario (C$354k), British Columbia (C$166k), Quebec (C$135k), Alberta (C$125k), and Saskatchewan (C$95.3k), while imports destinations were mainly Alberta (C$1.15M), Quebec (C$148k), Ontario (C$120k), Manitoba (C$38.1k), and Nova Scotia (C$1.29k).

Growth In December 2024, the decrease in Canada's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Other Inedible Animal Products (C$-47.8k or -76.5%), Vitamins (C$-21.7k or -58.8%), and Packaged Medicaments (C$-10.8k or -69.6%). In December 2024, the increase in Canada's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Medical Instruments (C$2.22k or 1.56k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)C$-466k(-34.8%)
IMPORT GROWTH (December 2023 - December 2024)C$467k(47.3%)
MAIN EXPORTER (December 2024)OntarioC$354k

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

To check Cyprus and Canada 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, Canada exported $85.6M to Cyprus. The main products exported from Canada to Cyprus were Planes, Helicopters, and/or Spacecraft ($75.1M), Tractors ($1.3M), and Dried Legumes ($1.15M). During the last 5 years the exports of Canada to Cyprus have increased at an annualized rate of 41.4%, from $15.1M in 2018 to $85.6M in 2023.

In 2018, Cyprus exported $12.1M to Canada. The main products exported from Cyprus to Canada were Packaged Medicaments ($4.04M), Cheese ($1.91M), and Salt ($730k). During the last 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.5%, from $6.14M in 2023 to $12.1M in 2018.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$410B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Canada than Cyprus included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - Cyprus

Flow
Scale

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

During 2023, Canada had a large net trade with Cyprus in the exports of Transportation ($76.5M), Machines ($2.17M), and Chemical Products ($1.62M).

During 2018, Cyprus had a large net trade with Canada in the exports of Chemical Products ($4.38M), Machines ($2.85M), and Animal Products ($1.91M).

Bilateral Service Trade

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) being the largest in terms of value.

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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