Cyprus (CYP) and France (FRA) Trade | The Observatory of Economic Complexity

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Cyprus-France Trade: In 2023, Cyprus exported $95.2M to France. The main products that Cyprus exported to France were Packaged Medicaments ($38.2M), Frozen Fruits and Nuts ($14.7M), and Cheese ($5.07M). Over the past 5 years the exports of Cyprus to France have increased at an annualized rate of 8.29%, from $63.9M in 2018 to $95.2M in 2023.

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 2023, France exported $293M to Cyprus. The main products that France exported to Cyprus were Cars ($23.8M), Refined Petroleum ($19.9M), and LCDs ($14.5M). Over the past 5 years the exports of France to Cyprus have increased at an annualized rate of 3.42%, from $248M in 2018 to $293M in 2023.

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 2023, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index. That same year, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $95.2M to France. The main products exported from Cyprus to France were Packaged Medicaments ($38.2M), Frozen Fruits and Nuts ($14.7M), and Cheese ($5.07M). During the last 5 years the exports of Cyprus to France have increased at an annualized rate of 8.29%, from $63.9M in 2018 to $95.2M in 2023.

In 2018, France exported $293M to Cyprus. The main products exported from France to Cyprus were Cars ($23.8M), Refined Petroleum ($19.9M), and LCDs ($14.5M). During the last 5 years the exports of France to Cyprus have increased at an annualized rate of 3.42%, from $248M in 2023 to $293M in 2018.

Exports from Cyprus () to France () (2023)

Exports from France () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and France ()

Cyprus Exports

Date

France Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

France
Top DestinationGermany$72.8B

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 2023, countries that imported more from Cyprus than France included Libya ($775M), Bermuda ($403M), and Marshall Islands ($294M).

In 2023, countries that imported more from France than Cyprus included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

Difference in imports from France () and Cyprus () (2023)

Comparative Advantage Cyprus - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cyprus had a large net trade with France in the exports of Chemical Products ($44.4M), Vegetable Products ($18.9M), and Machines ($8.99M).

During 2018, France had a large net trade with Cyprus in the exports of Foodstuffs ($46M), Chemical Products ($43.5M), and Transportation ($42.1M).

Bilateral Service Trade

Fra Year

Cyp Year

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 () to France () (2020)

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

Service Trade

Economic Complexity

Competitive Landscape

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to France () (2023)

Exports from France () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and France ()

Cyprus Exports

France Exports

Market Competitiveness

Difference in imports from France () and Cyprus () (2023)

Comparative Advantage Cyprus - France

Bilateral Service Trade

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

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

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and France () (2023)

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