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

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Cyprus-Canada In 2022, Cyprus exported $5.64M to Canada. The main products that Cyprus exported to Canada are Packaged Medicaments ($1.49M), Cheese ($1.43M), and Salt ($419k). During the last 27 years the exports of Cyprus to Canada have increased at an annualized rate of 5.37%, from $1.37M in 1995 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 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). During the last 27 years the exports of Canada to Cyprus have decreased at an annualized rate of 2.3%, from $21.1M in 1995 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 0.85), 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 27 years the exports of Cyprus to Canada have increased at an annualized rate of 5.37%, from $1.37M in 1995 to $5.64M in 2022.

In 2022, 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 27 years the exports of Canada to Cyprus have decreased at an annualized rate of 2.3%, from $21.1M in 1995 to $11.3M in 2022.

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 2021, countries that imported more from Cyprus than Canada were Greece ($471M), Liberia ($255M), and Marshall Islands ($173M).

In 2021, countries that imported more from Canada than Cyprus were 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 2022, Canada had a large net trade with Cyprus in the exports of Machines ($3.04M), Instruments ($1.58M), and Chemical Products ($1.54M).

Service Trade

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)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Cyprus has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over Cyprus.

About

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

Service Trade

Bilateral Service Trade

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

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

Economic Complexity

Competitive Landscape

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

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