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2022
Flag → Flag
Exports $3.66MRnk 81 / 194
2022
Flag → Flag
Top Product $2.29MLiquid Dispersing Machines
2022
Flag → Flag
Exports $105MRnk 108 / 223
2022
Flag → Flag
Top Product $88.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

Cyprus-Brazil Trade: In 2022, Cyprus exported $3.66M to Brazil. The main products that Cyprus exported to Brazil were Liquid Dispersing Machines ($2.29M), Unsaturated Acyclic Monocarboxylic Acids ($419k), and Plastic Pipes ($196k). Over the past 5 years the exports of Cyprus to Brazil have decreased at an annualized rate of 16.2%, from $8.85M in 2017 to $3.66M in 2022.

In 2020, Cyprus exported services to Brazil worth $3.43M, with Transportation ($2.28M) and Financial services ($1.14M) being the largest in terms of value.

Brazil-Cyprus Trade: In 2022, Brazil exported $105M to Cyprus. The main products that Brazil exported to Cyprus were Refined Petroleum ($88.6M), Fruit Juice ($4.38M), and Coffee ($3.63M). Over the past 5 years the exports of Brazil to Cyprus have increased at an annualized rate of 5.46%,  from $55.3M in 2017 to $105M in 2022.

In 2022, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $3.66M to Brazil. The main products exported from Cyprus to Brazil were Liquid Dispersing Machines ($2.29M), Unsaturated Acyclic Monocarboxylic Acids ($419k), and Plastic Pipes ($196k). During the last 5 years the exports of Cyprus to Brazil have decreased at an annualized rate of 16.2%, from $8.85M in 2017 to $3.66M in 2022.

In 2017, Brazil exported $105M to Cyprus. The main products exported from Brazil to Cyprus were Refined Petroleum ($88.6M), Fruit Juice ($4.38M), and Coffee ($3.63M). During the last 5 years the exports of Brazil to Cyprus have increased at an annualized rate of 5.46%, from $55.3M in 2022 to $105M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Brazil (Flag)

Cyprus Exports

Brazil Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Brazil
Top DestinationChina$90.1B

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

In 2022, countries that imported more from Cyprus than Brazil included Greece ($471M), Lebanon ($329M), and Seychelles ($70.8M).

In 2022, countries that imported more from Brazil than Cyprus included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Cyprus - Brazil

Flow
Scale

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

During 2022, Cyprus had a large net trade with Brazil in the exports of Machines ($2.72M), Chemical Products ($457k), and Plastics and Rubbers ($199k).

During 2017, Brazil had a large net trade with Cyprus in the exports of Mineral Products ($88.7M), Foodstuffs ($6.92M), and Vegetable Products ($4M).

Economic Complexity

Competitive Landscape

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

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

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