2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Cyprus-Guinea Trade: In 2023, Cyprus exported $498k to Guinea. The main products that Cyprus exported to Guinea were Fruit Juice ($271k), Flavored Water ($89.4k), and Leather Footwear ($59.3k). Over the past 5 years the exports of Cyprus to Guinea have increased at an annualized rate of 0.063%, from $496k in 2018 to $498k in 2023.

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

Guinea-Cyprus Trade: In 2023, Guinea exported $16.9k to Cyprus. The main products that Guinea exported to Cyprus were Wood Carpentry ($8.33k), Gold ($7.39k), and Aircraft parts (gliders, balloons, and powered aircraft) ($649). Over the past 5 years the exports of Guinea to Cyprus have increased at an annualized rate of 103%,  from $496 in 2018 to $16.9k in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $498k to Guinea. The main products exported from Cyprus to Guinea were Fruit Juice ($271k), Flavored Water ($89.4k), and Leather Footwear ($59.3k). During the last 5 years the exports of Cyprus to Guinea have increased at an annualized rate of 0.063%, from $496k in 2018 to $498k in 2023.

In 2018, Guinea exported $16.9k to Cyprus. The main products exported from Guinea to Cyprus were Wood Carpentry ($8.33k), Gold ($7.39k), and Aircraft parts (gliders, balloons, and powered aircraft) ($649). During the last 5 years the exports of Guinea to Cyprus have increased at an annualized rate of 103%, from $496 in 2023 to $16.9k in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Guinea (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Guinea
Top Destination
United Arab Emirates$9.05B

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

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

In 2023, countries that imported more from Guinea than Cyprus included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Cyprus - Guinea

Flow
Scale

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

During 2023, Cyprus had a large net trade with Guinea in the exports of Foodstuffs ($407k), Footwear and Headwear ($59.3k), and Machines ($26.1k).

During 2018, Guinea had a large net trade with Cyprus in the exports of Wood Products ($8.33k), Precious Metals ($7.41k), and Transportation ($649).

Economic Complexity

Competitive Landscape

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

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

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