2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 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
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186

About

Cyprus-Ecuador Trade: In 2022, Cyprus exported $315k to Ecuador. The main products that Cyprus exported to Ecuador were Refined Petroleum ($112k), Vegetable Saps ($99.5k), and Knit Gloves ($28.6k). Over the past 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 10.5%, from $191k in 2017 to $315k in 2022.

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

Ecuador-Cyprus Trade: In 2022, Ecuador exported $4.12M to Cyprus. The main products that Ecuador exported to Cyprus were Crustaceans ($2.15M), Bananas ($1.61M), and Fish Fillets ($130k). Over the past 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 5.23%,  from $3.19M in 2017 to $4.12M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $315k to Ecuador. The main products exported from Cyprus to Ecuador were Refined Petroleum ($112k), Vegetable Saps ($99.5k), and Knit Gloves ($28.6k). During the last 5 years the exports of Cyprus to Ecuador have increased at an annualized rate of 10.5%, from $191k in 2017 to $315k in 2022.

In 2017, Ecuador exported $4.12M to Cyprus. The main products exported from Ecuador to Cyprus were Crustaceans ($2.15M), Bananas ($1.61M), and Fish Fillets ($130k). During the last 5 years the exports of Ecuador to Cyprus have increased at an annualized rate of 5.23%, from $3.19M in 2022 to $4.12M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Ecuador (Flag)

Cyprus Exports

Ecuador Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Ecuador
Top Destination
United States$9.86B

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 2022, countries that imported more from Cyprus than Ecuador included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2022, countries that imported more from Ecuador than Cyprus included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

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 2022, Cyprus had a large net trade with Ecuador in the exports of Mineral Products ($112k), Vegetable Products ($99.5k), and Plastics and Rubbers ($30.3k).

During 2017, Ecuador had a large net trade with Cyprus in the exports of Animal Products ($2.27M), Vegetable Products ($1.63M), and Foodstuffs ($150k).

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) (2022)

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