2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH
10.8%CURRENT US$
Rnk 144 / 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
$7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH
13.7%CURRENT US$
Rnk 101 / 186

About

Cyprus-Belarus Trade: In 2022, Cyprus exported $156k to Belarus. The main products that Cyprus exported to Belarus were Precious Metal Watches ($94.8k), Video and Card Games ($36.4k), and Computers ($13.4k). Over the past 5 years the exports of Cyprus to Belarus have decreased at an annualized rate of 33.3%, from $1.18M in 2017 to $156k in 2022.

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

Belarus-Cyprus Trade: In 2022, Belarus exported $443k to Cyprus. The main products that Belarus exported to Cyprus were Prefabricated Buildings ($324k), Organic Composite Solvents ($48.1k), and Cars ($42.1k). Over the past 5 years the exports of Belarus to Cyprus have decreased at an annualized rate of 5.99%,  from $727k in 2017 to $443k in 2022.

In 2014, Belarus exported services to Cyprus worth $116M, with Computer and information services ($114M), Royalties and license fees ($2.15M), and Insurance services ($247k) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $156k to Belarus. The main products exported from Cyprus to Belarus were Precious Metal Watches ($94.8k), Video and Card Games ($36.4k), and Computers ($13.4k). During the last 5 years the exports of Cyprus to Belarus have decreased at an annualized rate of 33.3%, from $1.18M in 2017 to $156k in 2022.

In 2017, Belarus exported $443k to Cyprus. The main products exported from Belarus to Cyprus were Prefabricated Buildings ($324k), Organic Composite Solvents ($48.1k), and Cars ($42.1k). During the last 5 years the exports of Belarus to Cyprus have decreased at an annualized rate of 5.99%, from $727k in 2022 to $443k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Belarus (Flag)

Cyprus Exports

Belarus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Belarus
Top Destination
China$1.6B

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

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

In 2022, countries that imported more from Belarus than Cyprus included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

Comparative Advantage Cyprus - Belarus

Flow
Scale

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

During 2022, Cyprus had a large net trade with Belarus in the exports of Instruments ($94.8k), Miscellaneous ($38.9k), and Machines ($13.4k).

During 2017, Belarus had a large net trade with Cyprus in the exports of Miscellaneous ($326k), Chemical Products ($48.4k), and Transportation ($42.1k).

Economic Complexity

Competitive Landscape

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

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

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