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2023
Flag → Flag
Exports $2.87MRnk 79 / 196
2023
Flag → Flag
Top Product $1.81MAnimal Food
2023
Flag → Flag
Exports $9.92MRnk 90 / 138
2023
Flag → Flag
Top Product $2.77MCrustaceans
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Cyprus-Bangladesh Trade: In 2023, Cyprus exported $2.87M to Bangladesh. The main products that Cyprus exported to Bangladesh were Animal Food ($1.81M), Explosive Ammunition ($375k), and Fruit Juice ($271k). Over the past 5 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 33.4%, from $680k in 2018 to $2.87M in 2023.

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

Bangladesh-Cyprus Trade: In 2023, Bangladesh exported $9.92M to Cyprus. The main products that Bangladesh exported to Cyprus were Crustaceans ($2.77M), Knit T-shirts ($1.64M), and Leather Footwear ($601k). Over the past 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 13.1%,  from $5.36M in 2018 to $9.92M in 2023.

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

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $2.87M to Bangladesh. The main products exported from Cyprus to Bangladesh were Animal Food ($1.81M), Explosive Ammunition ($375k), and Fruit Juice ($271k). During the last 5 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 33.4%, from $680k in 2018 to $2.87M in 2023.

In 2018, Bangladesh exported $9.92M to Cyprus. The main products exported from Bangladesh to Cyprus were Crustaceans ($2.77M), Knit T-shirts ($1.64M), and Leather Footwear ($601k). During the last 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 13.1%, from $5.36M in 2023 to $9.92M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Bangladesh (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Bangladesh
Top DestinationUnited States$8.58B

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

In 2023, countries that imported more from Cyprus than Bangladesh included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Bangladesh than Cyprus included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Cyprus - Bangladesh

Flow
Scale

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

During 2023, Cyprus had a large net trade with Bangladesh in the exports of Foodstuffs ($2.14M), Weapons ($375k), and Transportation ($146k).

During 2018, Bangladesh had a large net trade with Cyprus in the exports of Textiles ($5.17M), Animal Products ($2.77M), and Foodstuffs ($932k).

Economic Complexity

Competitive Landscape

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

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

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