2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Cyprus-Czechia Trade: In 2022, Cyprus exported $42.8M to Czechia. The main products that Cyprus exported to Czechia were Packaged Medicaments ($30.3M), Razor Blades ($2.4M), and Medical Instruments ($2.09M). Over the past 5 years the exports of Cyprus to Czechia have decreased at an annualized rate of 0.11%, from $43M in 2017 to $42.8M in 2022.

In 2020, Cyprus exported services to Czechia worth $37.7M, with Financial services ($19.4M), Other business services ($14.8M), and Computer and information services ($2.28M) being the largest in terms of value.

Czechia-Cyprus Trade: In 2022, Czechia exported $98.5M to Cyprus. The main products that Czechia exported to Cyprus were Cars ($18.1M), Beauty Products ($11.8M), and Planes, Helicopters, and/or Spacecraft ($9.63M). Over the past 5 years the exports of Czechia to Cyprus have increased at an annualized rate of 2.81%,  from $85.7M in 2017 to $98.5M in 2022.

In 2019, Czechia exported services to Cyprus worth $96.9M, with Other business services ($34.9M), Computer and information services ($24.6M), and Transportation ($18.9M) 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $42.8M to Czechia. The main products exported from Cyprus to Czechia were Packaged Medicaments ($30.3M), Razor Blades ($2.4M), and Medical Instruments ($2.09M). During the last 5 years the exports of Cyprus to Czechia have decreased at an annualized rate of 0.11%, from $43M in 2017 to $42.8M in 2022.

In 2017, Czechia exported $98.5M to Cyprus. The main products exported from Czechia to Cyprus were Cars ($18.1M), Beauty Products ($11.8M), and Planes, Helicopters, and/or Spacecraft ($9.63M). During the last 5 years the exports of Czechia to Cyprus have increased at an annualized rate of 2.81%, from $85.7M in 2022 to $98.5M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Czechia (Flag)

Cyprus Exports

Czechia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Cyprus than Czechia included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Czechia than Cyprus included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Cyprus - Czechia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Czechia in the exports of Chemical Products ($32.1M), Instruments ($2.78M), and Metals ($2.41M).

During 2017, Czechia had a large net trade with Cyprus in the exports of Transportation ($30M), Machines ($22M), and Chemical Products ($17.7M).

Bilateral Service Trade

In 2020, Cyprus exported services to Czechia worth $37.7M, with Financial services ($19.4M), Other business services ($14.8M), and Computer and information services ($2.28M) being the largest in terms of value.

In 2019, Czechia exported services to Cyprus worth $96.9M, with Other business services ($34.9M), Computer and information services ($24.6M), and Transportation ($18.9M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Czechia (Flag) (2020)

Services Exports from Czechia (Flag) to Cyprus (Flag) (2019)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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