2023
Flag  
GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
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GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
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 GDP
$263BCURRENT US$
Rnk 50 / 195
2013-2023
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GDP GROWTH
11%CURRENT US$
Rnk 153 / 195
2023
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GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
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GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
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GDP PC
$12,919CURRENT US$
Rnk 79 / 196
2013-2023
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GDP PC GROWTH
-4.15%CURRENT US$
Rnk 158 / 195

About

Cyprus-Kazakhstan Trade: In 2023, Cyprus exported $2.88M to Kazakhstan. The main products that Cyprus exported to Kazakhstan were Packaged Medicaments ($785k), Other Construction Vehicles ($740k), and Explosive Ammunition ($203k). Over the past 5 years the exports of Cyprus to Kazakhstan have increased at an annualized rate of 12.9%, from $1.57M in 2018 to $2.88M in 2023.

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

Kazakhstan-Cyprus Trade: In 2023, Kazakhstan exported $3.51M to Cyprus. The main products that Kazakhstan exported to Cyprus were Refined Petroleum ($2.56M), Other Electrical Machinery ($369k), and Oscilloscopes ($214k). Over the past 5 years the exports of Kazakhstan to Cyprus have decreased at an annualized rate of 28.5%,  from $18.8M in 2018 to $3.51M in 2023.

In 2023, Kazakhstan 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, Kazakhstan ranked 71 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($96.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $2.88M to Kazakhstan. The main products exported from Cyprus to Kazakhstan were Packaged Medicaments ($785k), Other Construction Vehicles ($740k), and Explosive Ammunition ($203k). During the last 5 years the exports of Cyprus to Kazakhstan have increased at an annualized rate of 12.9%, from $1.57M in 2018 to $2.88M in 2023.

In 2018, Kazakhstan exported $3.51M to Cyprus. The main products exported from Kazakhstan to Cyprus were Refined Petroleum ($2.56M), Other Electrical Machinery ($369k), and Oscilloscopes ($214k). During the last 5 years the exports of Kazakhstan to Cyprus have decreased at an annualized rate of 28.5%, from $18.8M in 2023 to $3.51M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Kazakhstan (Flag)

Cyprus Exports

Kazakhstan Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Kazakhstan
Top Destination
China$15.2B

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

In 2023, countries that imported more from Cyprus than Kazakhstan included Libya ($775M), Bermuda ($403M), and Lebanon ($438M).

In 2023, countries that imported more from Kazakhstan than Cyprus included China ($15.2B), United Kingdom ($14.3B), and Russia ($9.78B).

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

Comparative Advantage Cyprus - Kazakhstan

Flow
Scale

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

During 2023, Cyprus had a large net trade with Kazakhstan in the exports of Machines ($1.02M), Chemical Products ($944k), and Weapons ($414k).

During 2018, Kazakhstan had a large net trade with Cyprus in the exports of Mineral Products ($2.56M), Machines ($404k), and Instruments ($234k).

Economic Complexity

Competitive Landscape

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

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

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