2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH
3.7%CURRENT US$
Rnk 157 / 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
$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH
0.23%CURRENT US$
Rnk 137 / 186

About

Cyprus-France Trade: In 2022, Cyprus exported $138M to France. The main products that Cyprus exported to France were Packaged Medicaments ($30.1M), Butter ($19.6M), and Frozen Fruits and Nuts ($18.6M). Over the past 5 years the exports of Cyprus to France have increased at an annualized rate of 24.5%, from $46.3M in 2017 to $138M in 2022.

In 2020, Cyprus exported services to France worth $73.1M, with Financial services ($48M), Transportation ($16M), and Other business services ($4.57M) being the largest in terms of value.

France-Cyprus Trade: In 2022, France exported $251M to Cyprus. The main products that France exported to Cyprus were Refined Petroleum ($16.4M), Wine ($11.1M), and Perfumes ($9.85M). Over the past 5 years the exports of France to Cyprus have decreased at an annualized rate of 2.95%,  from $292M in 2017 to $251M in 2022.

In 2020, France exported services to Cyprus worth $179M, with Other business services ($90.2M), Travel ($26.3M), and Insurance services ($25.1M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $138M to France. The main products exported from Cyprus to France were Packaged Medicaments ($30.1M), Butter ($19.6M), and Frozen Fruits and Nuts ($18.6M). During the last 5 years the exports of Cyprus to France have increased at an annualized rate of 24.5%, from $46.3M in 2017 to $138M in 2022.

In 2017, France exported $251M to Cyprus. The main products exported from France to Cyprus were Refined Petroleum ($16.4M), Wine ($11.1M), and Perfumes ($9.85M). During the last 5 years the exports of France to Cyprus have decreased at an annualized rate of 2.95%, from $292M in 2022 to $251M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and France (Flag)

Cyprus Exports

France Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
France
Top Destination
Germany$78.3B

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

In 2022, countries that imported more from Cyprus than France included Liberia ($255M), Marshall Islands ($173M), and Antigua and Barbuda ($12.2M).

In 2022, countries that imported more from France than Cyprus included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Cyprus - France

Flow
Scale

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

During 2022, Cyprus had a large net trade with France in the exports of Chemical Products ($38.2M), Vegetable Products ($24.4M), and Animal Products ($23.9M).

During 2017, France had a large net trade with Cyprus in the exports of Chemical Products ($44.3M), Foodstuffs ($41.3M), and Transportation ($29M).

Bilateral Service Trade

In 2020, Cyprus exported services to France worth $73.1M, with Financial services ($48M), Transportation ($16M), and Other business services ($4.57M) being the largest in terms of value.

In 2020, France exported services to Cyprus worth $179M, with Other business services ($90.2M), Travel ($26.3M), and Insurance services ($25.1M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to France (Flag) (2020)

Services Exports from France (Flag) to Cyprus (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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