Cyprus (CYP) and Canada (CAN) Trade | The Observatory of Economic Complexity

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Cyprus-Canada Trade: In 2022, Cyprus exported $5.64M to Canada. The main products that Cyprus exported to Canada were Packaged Medicaments ($1.49M), Cheese ($1.43M), and Salt ($419k). Over the past 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.3%, from $2.89M in 2017 to $5.64M in 2022.

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

Canada-Cyprus Trade: In 2022, Canada exported $11.3M to Cyprus. The main products that Canada exported to Cyprus were Dried Legumes ($1.41M), Packaged Medicaments ($1.15M), and Self-adhesive Plastics ($801k). Over the past 5 years the exports of Canada to Cyprus have decreased at an annualized rate of 0.59%, from $11.6M in 2017 to $11.3M in 2022.

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) 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, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $5.64M to Canada. The main products exported from Cyprus to Canada were Packaged Medicaments ($1.49M), Cheese ($1.43M), and Salt ($419k). During the last 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.3%, from $2.89M in 2017 to $5.64M in 2022.

In 2017, Canada exported $11.3M to Cyprus. The main products exported from Canada to Cyprus were Dried Legumes ($1.41M), Packaged Medicaments ($1.15M), and Self-adhesive Plastics ($801k). During the last 5 years the exports of Canada to Cyprus have decreased at an annualized rate of 0.59%, from $11.6M in 2022 to $11.3M in 2017.

Exports from Cyprus () to Canada () (2022)

Exports from Canada () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Canada ()

Cyprus Exports

Date

Canada Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Canada
Top DestinationUnited States$438B

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

In 2022, countries that imported more from Cyprus than Canada included Greece ($471M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Canada than Cyprus included United States ($438B), China ($25.4B), and Japan ($14.3B).

Difference in imports from Canada () and Cyprus () (2022)

Comparative Advantage Cyprus - Canada

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Canada in the exports of Chemical Products ($1.6M), Animal Products ($1.44M), and Machines ($972k).

During 2017, Canada had a large net trade with Cyprus in the exports of Machines ($3.04M), Instruments ($1.58M), and Chemical Products ($1.54M).

Bilateral Service Trade

Can Year

Cyp Year

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Canada () (2020)

Services Exports from Canada () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Canada () (2022)

Exports from Canada () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Canada ()

Cyprus Exports

Canada Exports

Market Competitiveness

Difference in imports from Canada () and Cyprus () (2022)

Comparative Advantage Cyprus - Canada

Bilateral Service Trade

Services Exports from Cyprus () to Canada () (2020)

Services Exports from Canada () to Cyprus () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Canada () (2022)

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