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2023
Flag → Flag
Exports $1.11MRnk 107 / 196
2023
Flag → Flag
Top Product $860kPackaged Medicaments
2023
Flag → Flag
Exports $6.8MRnk 93 / 174
2023
Flag → Flag
Top Product $5.25MBananas
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Cyprus-Ecuador Trade: In 2023, Cyprus exported $1.11M to Ecuador. The main products that Cyprus exported to Ecuador were Packaged Medicaments ($860k), Vegetable Saps ($131k), and Other Plastic Products ($25.8k). Over the past 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 40.1%, from $206k in 2018 to $1.11M in 2023.

In 2023, Cyprus did not export any services to Ecuador.

Ecuador-Cyprus Trade: In 2023, Ecuador exported $6.8M to Cyprus. The main products that Ecuador exported to Cyprus were Bananas ($5.25M), Crustaceans ($1.01M), and Processed Fish ($208k). Over the past 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 11.7%,  from $3.92M in 2018 to $6.8M in 2023.

In 2023, Ecuador did not export any services to Cyprus.

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $1.11M to Ecuador. The main products exported from Cyprus to Ecuador were Packaged Medicaments ($860k), Vegetable Saps ($131k), and Other Plastic Products ($25.8k). During the last 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 40.1%, from $206k in 2018 to $1.11M in 2023.

In 2018, Ecuador exported $6.8M to Cyprus. The main products exported from Ecuador to Cyprus were Bananas ($5.25M), Crustaceans ($1.01M), and Processed Fish ($208k). During the last 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 11.7%, from $3.92M in 2023 to $6.8M in 2018.

Exports from Cyprus (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Ecuador (Flag)

Cyprus Exports

Ecuador Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Ecuador
Top DestinationUnited States$8.34B

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

In 2023, countries that imported more from Cyprus than Ecuador included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Ecuador than Cyprus included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

Difference in imports from Ecuador (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Ecuador

Flow
Scale

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

During 2023, Cyprus had a large net trade with Ecuador in the exports of Chemical Products ($860k), Vegetable Products ($131k), and Miscellaneous ($27k).

During 2018, Ecuador had a large net trade with Cyprus in the exports of Vegetable Products ($5.32M), Animal Products ($1.01M), and Foodstuffs ($324k).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Ecuador (Flag) (2023)

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