2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 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
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Cyprus-China Trade: In 2022, Cyprus exported $32.9M to China. The main products that Cyprus exported to China were Fruit Juice ($9.17M), Nickel Mattes ($4.82M), and Packaged Medicaments ($3.33M). Over the past 5 years the exports of Cyprus to China have decreased at an annualized rate of 21.2%, from $108M in 2017 to $32.9M in 2022.

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

China-Cyprus Trade: In 2022, China exported $1.36B to Cyprus. The main products that China exported to Cyprus were Passenger and Cargo Ships ($633M), Refined Petroleum ($46.1M), and Air Conditioners ($29.1M). Over the past 5 years the exports of China to Cyprus have increased at an annualized rate of 13.4%,  from $725M in 2017 to $1.36B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $32.9M to China. The main products exported from Cyprus to China were Fruit Juice ($9.17M), Nickel Mattes ($4.82M), and Packaged Medicaments ($3.33M). During the last 5 years the exports of Cyprus to China have decreased at an annualized rate of 21.2%, from $108M in 2017 to $32.9M in 2022.

In 2017, China exported $1.36B to Cyprus. The main products exported from China to Cyprus were Passenger and Cargo Ships ($633M), Refined Petroleum ($46.1M), and Air Conditioners ($29.1M). During the last 5 years the exports of China to Cyprus have increased at an annualized rate of 13.4%, from $725M in 2022 to $1.36B in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and China (Flag)

Cyprus Exports

China Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
China
Top Destination
United States$551B

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

In 2022, countries that imported more from Cyprus than China included Gibraltar ($34.2M), Saint Martin ($236k), and American Samoa ($7.64k).

In 2022, countries that imported more from China than Cyprus included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Cyprus - China

Flow
Scale

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

During 2022, Cyprus had a large net trade with China in the exports of Foodstuffs ($11.6M), Chemical Products ($5.66M), and Metals ($5.17M).

During 2017, China had a large net trade with Cyprus in the exports of Transportation ($692M), Machines ($228M), and Chemical Products ($84.7M).

Economic Complexity

Competitive Landscape

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

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

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