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2023
Flag → Flag
Exports $4.08MRnk 71 / 196
2023
Flag → Flag
Top Product $2.33MLocust beans, seaweed, sugar beet, cane, for food
2023
Flag → Flag
Exports $23.7MRnk 92 / 187
2023
Flag → Flag
Top Product $11.5MCalcium Phosphates
2023
Flag
Economic Complexity (ECI) ECI -0.36Rnk 79 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$144BCURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP GROWTH24.8%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$3,771CURRENT US$
Rnk 134 / 196
2013-2023
Flag
GDP PC GROWTH11.6%CURRENT US$
Rnk 128 / 195

About

Cyprus-Morocco Trade: In 2023, Cyprus exported $4.08M to Morocco. The main products that Cyprus exported to Morocco were Locust beans, seaweed, sugar beet, cane, for food ($2.33M), Light Fixtures ($419k), and Leather Footwear ($358k). Over the past 5 years the exports of Cyprus to Morocco have decreased at an annualized rate of 25.7%, from $18M in 2018 to $4.08M in 2023.

In 2012, Cyprus exported services to Morocco worth $1.28M, with Financial services ($1.28M) being the largest in terms of value.

Morocco-Cyprus Trade: In 2023, Morocco exported $23.7M to Cyprus. The main products that Morocco exported to Cyprus were Calcium Phosphates ($11.5M), Cars ($5.04M), and Raw Sugar ($3.43M). Over the past 5 years the exports of Morocco to Cyprus have increased at an annualized rate of 59.8%,  from $2.28M in 2018 to $23.7M in 2023.

In 2023, Morocco 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, Morocco ranked 79 in the Economic Complexity Index (ECI -0.36), and 60 in total exports ($49.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $4.08M to Morocco. The main products exported from Cyprus to Morocco were Locust beans, seaweed, sugar beet, cane, for food ($2.33M), Light Fixtures ($419k), and Leather Footwear ($358k). During the last 5 years the exports of Cyprus to Morocco have decreased at an annualized rate of 25.7%, from $18M in 2018 to $4.08M in 2023.

In 2018, Morocco exported $23.7M to Cyprus. The main products exported from Morocco to Cyprus were Calcium Phosphates ($11.5M), Cars ($5.04M), and Raw Sugar ($3.43M). During the last 5 years the exports of Morocco to Cyprus have increased at an annualized rate of 59.8%, from $2.28M in 2023 to $23.7M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Morocco (Flag)

Cyprus Exports

Morocco Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Morocco
Top DestinationSpain$9.8B

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

In 2023, countries that imported more from Cyprus than Morocco included Libya ($775M), Greece ($626M), and Bermuda ($403M).

In 2023, countries that imported more from Morocco than Cyprus included Spain ($9.8B), France ($8.23B), and Germany ($2.89B).

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

Comparative Advantage Cyprus - Morocco

Flow
Scale

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

During 2023, Cyprus had a large net trade with Morocco in the exports of Vegetable Products ($2.33M), Miscellaneous ($426k), and Footwear and Headwear ($407k).

During 2018, Morocco had a large net trade with Cyprus in the exports of Mineral Products ($12M), Transportation ($5.15M), and Foodstuffs ($4.95M).

Economic Complexity

Competitive Landscape

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

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

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