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2022
Flag → Flag
Exports $71.6MRnk 18 / 194
2022
Flag → Flag
Top Product $29MPassenger and Cargo Ships
2022
Flag → Flag
Exports $118MRnk 139 / 217
2022
Flag → Flag
Top Product $18.5MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186

About

Cyprus-India Trade: In 2022, Cyprus exported $71.6M to India. The main products that Cyprus exported to India were Passenger and Cargo Ships ($29M), Scrap Aluminium ($7.95M), and Calcium Phosphates ($5.71M). Over the past 5 years the exports of Cyprus to India have increased at an annualized rate of 24.8%, from $23.6M in 2017 to $71.6M in 2022.

In 2020, Cyprus exported services to India worth $14.8M, with Financial services ($12.6M) and Travel ($2.28M) being the largest in terms of value.

India-Cyprus Trade: In 2022, India exported $118M to Cyprus. The main products that India exported to Cyprus were Refined Petroleum ($18.5M), Nitrogen Heterocyclic Compounds ($13.2M), and Nucleic Acids ($7.26M). Over the past 5 years the exports of India to Cyprus have increased at an annualized rate of 0.12%,  from $116M in 2017 to $118M in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $71.6M to India. The main products exported from Cyprus to India were Passenger and Cargo Ships ($29M), Scrap Aluminium ($7.95M), and Calcium Phosphates ($5.71M). During the last 5 years the exports of Cyprus to India have increased at an annualized rate of 24.8%, from $23.6M in 2017 to $71.6M in 2022.

In 2017, India exported $118M to Cyprus. The main products exported from India to Cyprus were Refined Petroleum ($18.5M), Nitrogen Heterocyclic Compounds ($13.2M), and Nucleic Acids ($7.26M). During the last 5 years the exports of India to Cyprus have increased at an annualized rate of 0.12%, from $116M in 2022 to $118M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and India (Flag)

Cyprus Exports

India Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
India
Top DestinationUnited States$82.9B

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

In 2022, countries that imported more from Cyprus than India included Marshall Islands ($173M), Liberia ($255M), and Antigua and Barbuda ($12.2M).

In 2022, countries that imported more from India than Cyprus included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Cyprus - India

Flow
Scale

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

During 2022, Cyprus had a large net trade with India in the exports of Transportation ($33.5M), Metals ($19.1M), and Mineral Products ($5.79M).

During 2017, India had a large net trade with Cyprus in the exports of Chemical Products ($49M), Mineral Products ($18.5M), and Machines ($7.97M).

Economic Complexity

Competitive Landscape

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

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

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