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2022
Flag → Flag
Exports $9.66MRnk 61 / 194
2022
Flag → Flag
Top Product $7.9MPackaged Medicaments
2022
Flag → Flag
Exports $409kRnk 90 / 127
2022
Flag → Flag
Top Product $259kGrapes
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Cyprus-Iran Trade: In 2022, Cyprus exported $9.66M to Iran. The main products that Cyprus exported to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). Over the past 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 26.5%, from $44.9M in 2017 to $9.66M in 2022.

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

Iran-Cyprus Trade: In 2022, Iran exported $409k to Cyprus. The main products that Iran exported to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). Over the past 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%,  from $1.68M in 2017 to $409k in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $9.66M to Iran. The main products exported from Cyprus to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). During the last 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 26.5%, from $44.9M in 2017 to $9.66M in 2022.

In 2017, Iran exported $409k to Cyprus. The main products exported from Iran to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). During the last 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%, from $1.68M in 2022 to $409k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Iran (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Cyprus than Iran included Hong Kong ($482M), Greece ($471M), and Liberia ($255M).

In 2022, countries that imported more from Iran than Cyprus included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Cyprus - Iran

Flow
Scale

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

During 2022, Cyprus had a large net trade with Iran in the exports of Chemical Products ($8.14M), Plastics and Rubbers ($1.33M), and Instruments ($102k).

During 2017, Iran had a large net trade with Cyprus in the exports of Vegetable Products ($259k), Metals ($66.1k), and Textiles ($64k).

Economic Complexity

Competitive Landscape

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

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

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