2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
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2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Cyprus-Argentina Trade: In 2022, Cyprus exported $1.21M to Argentina. The main products that Cyprus exported to Argentina were Medical Instruments ($553k), Packaged Medicaments ($452k), and Plastic Pipes ($142k). Over the past 5 years the exports of Cyprus to Argentina have decreased at an annualized rate of 36.5%, from $11.7M in 2017 to $1.21M in 2022.

In 2015, Cyprus exported services to Argentina worth $1.11M, with Financial services ($1.11M) being the largest in terms of value.

Argentina-Cyprus Trade: In 2022, Argentina exported $57.8M to Cyprus. The main products that Argentina exported to Cyprus were Soybean Meal ($55.1M), Ground Nuts ($668k), and Wine ($580k). Over the past 5 years the exports of Argentina to Cyprus have increased at an annualized rate of 19%,  from $24.3M in 2017 to $57.8M in 2022.

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

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $1.21M to Argentina. The main products exported from Cyprus to Argentina were Medical Instruments ($553k), Packaged Medicaments ($452k), and Plastic Pipes ($142k). During the last 5 years the exports of Cyprus to Argentina have decreased at an annualized rate of 36.5%, from $11.7M in 2017 to $1.21M in 2022.

In 2017, Argentina exported $57.8M to Cyprus. The main products exported from Argentina to Cyprus were Soybean Meal ($55.1M), Ground Nuts ($668k), and Wine ($580k). During the last 5 years the exports of Argentina to Cyprus have increased at an annualized rate of 19%, from $24.3M in 2022 to $57.8M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Argentina (Flag)

Cyprus Exports

Argentina Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Cyprus than Argentina included Hong Kong ($482M), Liberia ($255M), and Lebanon ($329M).

In 2022, countries that imported more from Argentina than Cyprus included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Cyprus - Argentina

Flow
Scale

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

During 2022, Cyprus had a large net trade with Argentina in the exports of Instruments ($554k), Chemical Products ($452k), and Plastics and Rubbers ($147k).

During 2017, Argentina had a large net trade with Cyprus in the exports of Foodstuffs ($55.8M), Vegetable Products ($1.62M), and Animal Products ($282k).

Economic Complexity

Competitive Landscape

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

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

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