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2023
Flag → Flag
Exports $6.37MRnk 65 / 196
2023
Flag → Flag
Top Product $5.97MPackaged Medicaments
2023
Flag → Flag
Exports $292kRnk 102 / 161
2023
Flag → Flag
Top Product $242kCoffee
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 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$1,272CURRENT US$
Rnk 172 / 196
2013-2023
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GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Cyprus-Ethiopia Trade: In 2023, Cyprus exported $6.37M to Ethiopia. The main products that Cyprus exported to Ethiopia were Packaged Medicaments ($5.97M), Coffee ($89.8k), and Medical Instruments ($84.9k). Over the past 5 years the exports of Cyprus to Ethiopia have decreased at an annualized rate of 7.17%, from $9.24M in 2018 to $6.37M in 2023.

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

Ethiopia-Cyprus Trade: In 2023, Ethiopia exported $292k to Cyprus. The main products that Ethiopia exported to Cyprus were Coffee ($242k), Other Furniture ($10.2k), and Plastic Lids ($7.31k). Over the past 5 years the exports of Ethiopia to Cyprus have decreased at an annualized rate of 17.4%,  from $758k in 2018 to $292k in 2023.

In 2023, Ethiopia 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, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $6.37M to Ethiopia. The main products exported from Cyprus to Ethiopia were Packaged Medicaments ($5.97M), Coffee ($89.8k), and Medical Instruments ($84.9k). During the last 5 years the exports of Cyprus to Ethiopia have decreased at an annualized rate of 7.17%, from $9.24M in 2018 to $6.37M in 2023.

In 2018, Ethiopia exported $292k to Cyprus. The main products exported from Ethiopia to Cyprus were Coffee ($242k), Other Furniture ($10.2k), and Plastic Lids ($7.31k). During the last 5 years the exports of Ethiopia to Cyprus have decreased at an annualized rate of 17.4%, from $758k in 2023 to $292k in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Ethiopia (Flag)

Cyprus Exports

Ethiopia Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Ethiopia than Cyprus included China ($402M), United States ($487M), and United Arab Emirates ($314M).

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

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 2023, Cyprus had a large net trade with Ethiopia in the exports of Chemical Products ($6.08M), Vegetable Products ($89.8k), and Instruments ($84.9k).

During 2018, Ethiopia had a large net trade with Cyprus in the exports of Vegetable Products ($242k), Miscellaneous ($19.6k), and Plastics and Rubbers ($10.3k).

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) (2023)

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