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2023
Flag → Flag
Exports $1.15MRnk 103 / 196
2023
Flag → Flag
Top Product $475kFruit Juice
2023
Flag → Flag
Exports $675kRnk 105 / 172
2023
Flag → Flag
Top Product $279kPlywood
2023
Flag
Economic Complexity (ECI) ECI -0.97Rnk 109 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$76.4BCURRENT US$
Rnk 82 / 195
2013-2023
Flag
GDP GROWTH21.6%CURRENT US$
Rnk 135 / 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$2,260CURRENT US$
Rnk 152 / 196
2013-2023
Flag
GDP PC GROWTH-1.47%CURRENT US$
Rnk 154 / 195

About

Cyprus-Ghana Trade: In 2023, Cyprus exported $1.15M to Ghana. The main products that Cyprus exported to Ghana were Fruit Juice ($475k), Rubber Tires ($105k), and Liquid Dispersing Machines ($101k). Over the past 5 years the exports of Cyprus to Ghana have decreased at an annualized rate of 5.18%, from $1.5M in 2018 to $1.15M in 2023.

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

Ghana-Cyprus Trade: In 2023, Ghana exported $675k to Cyprus. The main products that Ghana exported to Cyprus were Plywood ($279k), Sawn Wood ($187k), and Medical Instruments ($112k). Over the past 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 49.9%,  from $89.1k in 2018 to $675k in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $1.15M to Ghana. The main products exported from Cyprus to Ghana were Fruit Juice ($475k), Rubber Tires ($105k), and Liquid Dispersing Machines ($101k). During the last 5 years the exports of Cyprus to Ghana have decreased at an annualized rate of 5.18%, from $1.5M in 2018 to $1.15M in 2023.

In 2018, Ghana exported $675k to Cyprus. The main products exported from Ghana to Cyprus were Plywood ($279k), Sawn Wood ($187k), and Medical Instruments ($112k). During the last 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 49.9%, from $89.1k in 2023 to $675k in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Ghana (Flag)

Cyprus Exports

Ghana Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Ghana
Top DestinationSwitzerland$6.49B

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

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

In 2023, countries that imported more from Ghana than Cyprus included Switzerland ($6.49B), United Arab Emirates ($4.93B), and India ($2.26B).

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

Comparative Advantage Cyprus - Ghana

Flow
Scale

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

During 2023, Cyprus had a large net trade with Ghana in the exports of Foodstuffs ($547k), Machines ($234k), and Chemical Products ($131k).

During 2018, Ghana had a large net trade with Cyprus in the exports of Wood Products ($469k), Instruments ($112k), and Arts and Antiques ($60.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Ghana (Flag) (2023)

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