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2022
Flag → Flag
Exports $10.5MRnk 59 / 194
2022
Flag → Flag
Top Product $9.62MPackaged Medicaments
2022
Flag → Flag
Exports $1.53kRnk 90 / 101
2022
Flag → Flag
Top Product $722Non-Knit Women's Suits
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 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$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Cyprus-Iraq Trade: In 2022, Cyprus exported $10.5M to Iraq. The main products that Cyprus exported to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). Over the past 5 years the exports of Cyprus to Iraq have decreased at an annualized rate of 4.93%, from $13.6M in 2017 to $10.5M in 2022.

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

Iraq-Cyprus Trade: In 2022, Iraq exported $1.53k to Cyprus. The main products that Iraq exported to Cyprus were Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). Over the past 5 years the exports of Iraq to Cyprus have decreased at an annualized rate of 14.5%,  from $3.35k in 2017 to $1.53k in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $10.5M to Iraq. The main products exported from Cyprus to Iraq were Packaged Medicaments ($9.62M), Glass Fibers ($326k), and Rolled Tobacco ($167k). During the last 5 years the exports of Cyprus to Iraq have decreased at an annualized rate of 4.93%, from $13.6M in 2017 to $10.5M in 2022.

In 2017, Iraq exported $1.53k to Cyprus. The main products exported from Iraq to Cyprus were Non-Knit Women's Suits ($722), Broadcasting Equipment ($541), and Knit Men's Suits ($47). During the last 5 years the exports of Iraq to Cyprus have decreased at an annualized rate of 14.5%, from $3.35k in 2022 to $1.53k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Iraq (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Cyprus than Iraq included Hong Kong ($482M), Lebanon ($329M), and United Kingdom ($276M).

In 2022, countries that imported more from Iraq than Cyprus included India ($38.8B), China ($34B), and United States ($10.3B).

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

Comparative Advantage Cyprus - Iraq

Flow
Scale

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

During 2022, Cyprus had a large net trade with Iraq in the exports of Chemical Products ($9.74M), Stone And Glass ($327k), and Machines ($237k).

During 2017, Iraq had a large net trade with Cyprus in the exports of Textiles ($903), Machines ($576), and Instruments ($24).

Economic Complexity

Competitive Landscape

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

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

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