2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH
56.2%CURRENT US$
Rnk 48 / 186
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
$1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH
17.1%CURRENT US$
Rnk 95 / 186

About

Cyprus-Benin Trade: In 2022, Cyprus exported $3.64M to Benin. The main products that Cyprus exported to Benin were Other Floating Structures ($3.31M), Poultry Meat ($162k), and Glass Bottles ($50.4k). Over the past 5 years the exports of Cyprus to Benin have increased at an annualized rate of 58.2%, from $367k in 2017 to $3.64M in 2022.

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

Benin-Cyprus Trade: In 2022, Benin exported $9.05k to Cyprus. The main products that Benin exported to Cyprus were Engine Parts ($8.74k), Other Edible Preparations ($112), and Fake Hair ($106). Over the past 5 years the exports of Benin to Cyprus have decreased at an annualized rate of 2.33%,  from $10.2k in 2017 to $9.05k in 2022.

In 2022, Benin 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, Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $3.64M to Benin. The main products exported from Cyprus to Benin were Other Floating Structures ($3.31M), Poultry Meat ($162k), and Glass Bottles ($50.4k). During the last 5 years the exports of Cyprus to Benin have increased at an annualized rate of 58.2%, from $367k in 2017 to $3.64M in 2022.

In 2017, Benin exported $9.05k to Cyprus. The main products exported from Benin to Cyprus were Engine Parts ($8.74k), Other Edible Preparations ($112), and Fake Hair ($106). During the last 5 years the exports of Benin to Cyprus have decreased at an annualized rate of 2.33%, from $10.2k in 2022 to $9.05k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Benin (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Benin
Top Destination
India$448M

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

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

In 2022, countries that imported more from Benin than Cyprus included Bangladesh ($406M), India ($448M), and United Arab Emirates ($382M).

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

Comparative Advantage Cyprus - Benin

Flow
Scale

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

During 2022, Cyprus had a large net trade with Benin in the exports of Transportation ($3.31M), Animal Products ($162k), and Textiles ($64.9k).

During 2017, Benin had a large net trade with Cyprus in the exports of Machines ($8.77k), Foodstuffs ($117), and Footwear and Headwear ($106).

Economic Complexity

Competitive Landscape

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

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

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