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2022
Flag → Flag
Exports $329MRnk 3 / 194
2022
Flag → Flag
Top Product $301MRefined Petroleum
2022
Flag → Flag
Exports $48.9MRnk 20 / 177
2022
Flag → Flag
Top Product $8.19MRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.38Rnk 48 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Cyprus-Lebanon Trade: In 2022, Cyprus exported $329M to Lebanon. The main products that Cyprus exported to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). Over the past 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 35.2%, from $72.9M in 2017 to $329M in 2022.

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

Lebanon-Cyprus Trade: In 2022, Lebanon exported $48.9M to Cyprus. The main products that Lebanon exported to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). Over the past 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%,  from $14.2M in 2017 to $48.9M in 2022.

In 2022, Lebanon 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, Lebanon ranked 48 in the Economic Complexity Index (ECI 0.38), and 129 in total exports ($4.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $329M to Lebanon. The main products exported from Cyprus to Lebanon were Refined Petroleum ($301M), Rolled Tobacco ($10.4M), and Bovine ($3.13M). During the last 5 years the exports of Cyprus to Lebanon have increased at an annualized rate of 35.2%, from $72.9M in 2017 to $329M in 2022.

In 2017, Lebanon exported $48.9M to Cyprus. The main products exported from Lebanon to Cyprus were Rolled Tobacco ($8.19M), Aluminium Structures ($5.33M), and Refined Petroleum ($3.03M). During the last 5 years the exports of Lebanon to Cyprus have increased at an annualized rate of 28.1%, from $14.2M in 2022 to $48.9M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Lebanon (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Lebanon
Top DestinationUnited Arab Emirates$956M

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

In 2022, countries that imported more from Cyprus than Lebanon included Hong Kong ($482M), Greece ($471M), and Israel ($254M).

In 2022, countries that imported more from Lebanon than Cyprus included United Arab Emirates ($956M), Syria ($370M), and Egypt ($234M).

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

Comparative Advantage Cyprus - Lebanon

Flow
Scale

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

During 2022, Cyprus had a large net trade with Lebanon in the exports of Mineral Products ($301M), Foodstuffs ($13.3M), and Animal Products ($3.81M).

During 2017, Lebanon had a large net trade with Cyprus in the exports of Foodstuffs ($11.3M), Metals ($10.6M), and Machines ($6.02M).

Economic Complexity

Competitive Landscape

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

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

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