2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Cyprus-Gibraltar Trade: In 2023, Cyprus exported $3.03k to Gibraltar. The main products that Cyprus exported to Gibraltar were Broadcasting Equipment ($1.6k), Engine Parts ($1.08k), and Knit T-shirts ($175). Over the past 5 years the exports of Cyprus to Gibraltar have decreased at an annualized rate of 82.8%, from $20.1M in 2018 to $3.03k in 2023.

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

Gibraltar-Cyprus Trade: In 2023, Gibraltar exported $20.9M to Cyprus. The main products that Gibraltar exported to Cyprus were Recreational Boats ($20.9M), Cars ($10.8k), and Office Machine Parts ($764). Over the past 5 years the exports of Gibraltar to Cyprus have increased at an annualized rate of 737%,  from $511 in 2018 to $20.9M in 2023.

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

Comparison In 2023,  Cyprus ranked 126 in total exports ($5.7B). That same year, Gibraltar ranked 177 in total exports ($296M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $3.03k to Gibraltar. The main products exported from Cyprus to Gibraltar were Broadcasting Equipment ($1.6k), Engine Parts ($1.08k), and Knit T-shirts ($175). During the last 5 years the exports of Cyprus to Gibraltar have decreased at an annualized rate of 82.8%, from $20.1M in 2018 to $3.03k in 2023.

In 2018, Gibraltar exported $20.9M to Cyprus. The main products exported from Gibraltar to Cyprus were Recreational Boats ($20.9M), Cars ($10.8k), and Office Machine Parts ($764). During the last 5 years the exports of Gibraltar to Cyprus have increased at an annualized rate of 737%, from $511 in 2023 to $20.9M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Gibraltar (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Gibraltar
Top Destination
Netherlands$113M

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

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

In 2023, countries that imported more from Gibraltar than Cyprus included Netherlands ($113M), Ghana ($1.3M), and Madagascar ($137k).

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

Comparative Advantage Cyprus - Gibraltar

Flow
Scale

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

During 2023, Cyprus had a large net trade with Gibraltar in the exports of Machines ($2.68k), Textiles ($175), and Miscellaneous ($173).

During 2018, Gibraltar had a large net trade with Cyprus in the exports of Transportation ($20.9M), Machines ($1.49k), and Stone And Glass ($145).

Economic Complexity

Competitive Landscape

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

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

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