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2023
Flag → Flag
Exports $910MRnk 135 / 208
2023
Flag → Flag
Top Product $139MPassenger and Cargo Ships
2023
Flag → Flag
Exports $37MRnk 28 / 196
2023
Flag → Flag
Top Product $12.2MFruit Juice
2023
Flag
Economic Complexity (ECI) ECI 1.16Rnk 21 / 132
2023
Flag  
GDP$17.8TCURRENT US$
Rnk 2 / 195
2013-2023
Flag
GDP GROWTH85.9%CURRENT US$
Rnk 22 / 195
2023
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 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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GDP PC $12,614CURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP PC GROWTH79.7%CURRENT US$
Rnk 17 / 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

China-Cyprus Trade: In 2023, China exported $910M to Cyprus. The main products that China exported to Cyprus were Passenger and Cargo Ships ($139M), Special Purpose Ships ($45.1M), and Other Sea Vessels ($32.9M). Over the past 5 years the exports of China to Cyprus have increased at an annualized rate of 9.11%, from $589M in 2018 to $910M in 2023.

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

Cyprus-China Trade: In 2023, Cyprus exported $37M to China. The main products that Cyprus exported to China were Fruit Juice ($12.2M), Nickel Mattes ($5.05M), and Medical Instruments ($3.4M). Over the past 5 years the exports of Cyprus to China have decreased at an annualized rate of 12.8%,  from $73.5M in 2018 to $37M in 2023.

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $227M and imported $3.39M from Cyprus, resulting in a positive trade balance of $223M. Between December 2023 and December 2024 the exports of China have increased by $143M (172%) from $83.3M to $227M, while imports increased by $917k (37.2%) from $2.47M to $3.39M.

Trade In December 2024, the top exports of China to Cyprus were Refined Petroleum ($11.9M), Commodities not elsewhere specified ($3.36M), Insulated Wire ($3.07M), Air Conditioners ($2.85M), and Machinery parts, not containing electrical connectors,... ($2.45M). In December 2024 the top imports of China from Cyprus were Packaged Medicaments ($475k), Fruit Juice ($412k), Scrap Copper ($271k), Flavored Water ($126k), and Machinery Having Individual Functions ($53.2k).

Origins In December 2024 the exports of China were mainly from Shanghai Province ($153M), Zhejiang Province ($22M), Guangdong Province ($17.6M), Shandong Province ($8.05M), and Jiangsu Province ($5.52M), while imports destinations were mainly Zhejiang Province ($1.15M), Guangdong Province ($572k), Beijing ($488k), Shanghai Province ($342k), and Hainan Province ($276k).

Growth In December 2024, the increase in China's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Insulated Wire ($2.79M or 993%), Commodities not elsewhere specified ($2.2M or 189%), and Cars ($1.73M or 570%). In December 2024, the increase in China's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Machinery Having Individual Functions ($30.5k or 134%), Telephones ($17.9k or 195%), and Engine Parts ($15.3k or 637%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$143M(172%)
IMPORT GROWTH (December 2023 - December 2024)$917k(37.2%)
MAIN EXPORTER (December 2024)Shanghai Province$153M

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

To check Cyprus and China 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, China exported $910M to Cyprus. The main products exported from China to Cyprus were Passenger and Cargo Ships ($139M), Special Purpose Ships ($45.1M), and Other Sea Vessels ($32.9M). During the last 5 years the exports of China to Cyprus have increased at an annualized rate of 9.11%, from $589M in 2018 to $910M in 2023.

In 2018, Cyprus exported $37M to China. The main products exported from Cyprus to China were Fruit Juice ($12.2M), Nickel Mattes ($5.05M), and Medical Instruments ($3.4M). During the last 5 years the exports of Cyprus to China have decreased at an annualized rate of 12.8%, from $73.5M in 2023 to $37M in 2018.

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

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

Market Competitiveness

Color
China
Top DestinationUnited States$436B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from China than Cyprus included United States ($436B), Hong Kong ($259B), and Japan ($169B).

In 2023, countries that imported more from Cyprus than China included Bermuda ($403M), Saint Martin ($220k), and Guam ($516).

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

Comparative Advantage China - Cyprus

Flow
Scale

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

During 2023, China had a large net trade with Cyprus in the exports of Machines ($263M), Transportation ($254M), and Metals ($82M).

During 2018, Cyprus had a large net trade with China in the exports of Foodstuffs ($15.2M), Metals ($6.32M), and Machines ($5.75M).

Bilateral Service Trade

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

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