2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 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
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186

About

Cyprus-Ghana Trade: In 2022, Cyprus exported $2.95M to Ghana. The main products that Cyprus exported to Ghana were Aluminium Foil ($2.01M), Fruit Juice ($519k), and Liquid Dispersing Machines ($132k). Over the past 5 years the exports of Cyprus to Ghana have increased at an annualized rate of 9.67%, from $1.86M in 2017 to $2.95M in 2022.

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

Ghana-Cyprus Trade: In 2022, Ghana exported $138k to Cyprus. The main products that Ghana exported to Cyprus were Sawn Wood ($113k), Beauty Products ($9.37k), and Fake Hair ($3.16k). Over the past 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 7.49%,  from $96.2k in 2017 to $138k in 2022.

In 2022, Ghana 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, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $2.95M to Ghana. The main products exported from Cyprus to Ghana were Aluminium Foil ($2.01M), Fruit Juice ($519k), and Liquid Dispersing Machines ($132k). During the last 5 years the exports of Cyprus to Ghana have increased at an annualized rate of 9.67%, from $1.86M in 2017 to $2.95M in 2022.

In 2017, Ghana exported $138k to Cyprus. The main products exported from Ghana to Cyprus were Sawn Wood ($113k), Beauty Products ($9.37k), and Fake Hair ($3.16k). During the last 5 years the exports of Ghana to Cyprus have increased at an annualized rate of 7.49%, from $96.2k in 2022 to $138k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Ghana (Flag)

Cyprus Exports

Ghana Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Ghana
Top Destination
United Arab Emirates$4.72B

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

In 2022, countries that imported more from Ghana than Cyprus included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

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

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 2022, Cyprus had a large net trade with Ghana in the exports of Metals ($2.01M), Foodstuffs ($562k), and Machines ($133k).

During 2017, Ghana had a large net trade with Cyprus in the exports of Wood Products ($115k), Chemical Products ($9.92k), and Vegetable Products ($5.42k).

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) (2022)

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