2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH
43.7%CURRENT US$
Rnk 79 / 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
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
Rnk 62 / 186

About

Cyprus-Indonesia Trade: In 2022, Cyprus exported $8.78M to Indonesia. The main products that Cyprus exported to Indonesia were Rubber ($4.52M), Broadcasting Equipment ($1.54M), and Packaged Medicaments ($1.15M). Over the past 5 years the exports of Cyprus to Indonesia have decreased at an annualized rate of 5.64%, from $11.7M in 2017 to $8.78M in 2022.

In 2018, Cyprus exported services to Indonesia worth $1.18M, with Financial services ($1.18M) being the largest in terms of value.

Indonesia-Cyprus Trade: In 2022, Indonesia exported $21.5M to Cyprus. The main products that Indonesia exported to Cyprus were Passenger and Cargo Ships ($4.7M), Uncoated Paper ($4.47M), and Processed Crustaceans ($2.66M). Over the past 5 years the exports of Indonesia to Cyprus have increased at an annualized rate of 9.88%,  from $13.4M in 2017 to $21.5M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $8.78M to Indonesia. The main products exported from Cyprus to Indonesia were Rubber ($4.52M), Broadcasting Equipment ($1.54M), and Packaged Medicaments ($1.15M). During the last 5 years the exports of Cyprus to Indonesia have decreased at an annualized rate of 5.64%, from $11.7M in 2017 to $8.78M in 2022.

In 2017, Indonesia exported $21.5M to Cyprus. The main products exported from Indonesia to Cyprus were Passenger and Cargo Ships ($4.7M), Uncoated Paper ($4.47M), and Processed Crustaceans ($2.66M). During the last 5 years the exports of Indonesia to Cyprus have increased at an annualized rate of 9.88%, from $13.4M in 2022 to $21.5M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Indonesia (Flag)

Cyprus Exports

Indonesia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Indonesia
Top Destination
China$67.7B

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

In 2022, countries that imported more from Cyprus than Indonesia included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Indonesia than Cyprus included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Cyprus - Indonesia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Indonesia in the exports of Plastics and Rubbers ($4.53M), Machines ($2.06M), and Chemical Products ($1.5M).

During 2017, Indonesia had a large net trade with Cyprus in the exports of Paper Goods ($6.27M), Transportation ($5.41M), and Foodstuffs ($3.19M).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Indonesia (Flag) (2022)

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