2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Cyprus-Algeria Trade: In 2022, Cyprus exported $3.95M to Algeria. The main products that Cyprus exported to Algeria were Hard Liquor ($2.24M), Centrifuges ($723k), and Packaged Medicaments ($601k). Over the past 5 years the exports of Cyprus to Algeria have decreased at an annualized rate of 19.4%, from $11.6M in 2017 to $3.95M in 2022.

In 2022, Cyprus did not export any services to Algeria.

Algeria-Cyprus Trade: In 2022, Algeria exported $23.9M to Cyprus. The main products that Algeria exported to Cyprus were Petroleum Gas ($12.9M), Refined Petroleum ($10.3M), and Raw Sugar ($355k). Over the past 5 years the exports of Algeria to Cyprus have increased at an annualized rate of 5.75%,  from $18M in 2017 to $23.9M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $3.95M to Algeria. The main products exported from Cyprus to Algeria were Hard Liquor ($2.24M), Centrifuges ($723k), and Packaged Medicaments ($601k). During the last 5 years the exports of Cyprus to Algeria have decreased at an annualized rate of 19.4%, from $11.6M in 2017 to $3.95M in 2022.

In 2017, Algeria exported $23.9M to Cyprus. The main products exported from Algeria to Cyprus were Petroleum Gas ($12.9M), Refined Petroleum ($10.3M), and Raw Sugar ($355k). During the last 5 years the exports of Algeria to Cyprus have increased at an annualized rate of 5.75%, from $18M in 2022 to $23.9M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Algeria (Flag)

Cyprus Exports

Algeria Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Cyprus than Algeria included Hong Kong ($482M), Liberia ($255M), and Israel ($254M).

In 2022, countries that imported more from Algeria than Cyprus included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Cyprus - Algeria

Flow
Scale

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

During 2022, Cyprus had a large net trade with Algeria in the exports of Foodstuffs ($2.31M), Machines ($926k), and Chemical Products ($638k).

During 2017, Algeria had a large net trade with Cyprus in the exports of Mineral Products ($23.2M), Foodstuffs ($355k), and Plastics and Rubbers ($229k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with