2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 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
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Cyprus-Ethiopia Trade: In 2022, Cyprus exported $5.33M to Ethiopia. The main products that Cyprus exported to Ethiopia were Packaged Medicaments ($4.98M), Pesticides ($107k), and Fruit Juice ($53.7k). Over the past 5 years the exports of Cyprus to Ethiopia have decreased at an annualized rate of 12.9%, from $10.6M in 2017 to $5.33M in 2022.

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

Ethiopia-Cyprus Trade: In 2022, Ethiopia exported $370k to Cyprus. The main products that Ethiopia exported to Cyprus were Coffee ($368k), Cut Flowers ($2.13k), and Non-Knit Men's Suits ($103). Over the past 5 years the exports of Ethiopia to Cyprus have decreased at an annualized rate of 0.48%,  from $380k in 2017 to $370k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $5.33M to Ethiopia. The main products exported from Cyprus to Ethiopia were Packaged Medicaments ($4.98M), Pesticides ($107k), and Fruit Juice ($53.7k). During the last 5 years the exports of Cyprus to Ethiopia have decreased at an annualized rate of 12.9%, from $10.6M in 2017 to $5.33M in 2022.

In 2017, Ethiopia exported $370k to Cyprus. The main products exported from Ethiopia to Cyprus were Coffee ($368k), Cut Flowers ($2.13k), and Non-Knit Men's Suits ($103). During the last 5 years the exports of Ethiopia to Cyprus have decreased at an annualized rate of 0.48%, from $380k in 2022 to $370k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Ethiopia (Flag)

Cyprus Exports

Ethiopia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Ethiopia
Top Destination
United Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Cyprus included United Arab Emirates ($723M), United States ($557M), and Somalia ($265M).

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

Comparative Advantage Cyprus - Ethiopia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Ethiopia in the exports of Chemical Products ($5.11M), Foodstuffs ($83.1k), and Machines ($55k).

During 2017, Ethiopia had a large net trade with Cyprus in the exports of Vegetable Products ($370k), Textiles ($285), and Foodstuffs ($96).

Economic Complexity

Competitive Landscape

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

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

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