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2023
Flag → Flag
Exports $16.1MRnk 45 / 196
2023
Flag → Flag
Top Product $6.08MPackaged Medicaments
2023
Flag → Flag
Exports $11MRnk 157 / 221
2023
Flag → Flag
Top Product $1.77MOther Furniture
2023
Flag
Economic Complexity (ECI) ECI 1.04Rnk 27 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
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 GDP$400BCURRENT US$
Rnk 37 / 195
2013-2023
Flag
GDP GROWTH23.6%CURRENT US$
Rnk 130 / 195
2023
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GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
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GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
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GDP PC$11,379CURRENT US$
Rnk 85 / 196
2013-2023
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GDP PC GROWTH6.21%CURRENT US$
Rnk 145 / 195

About

Cyprus-Malaysia Trade: In 2023, Cyprus exported $16.1M to Malaysia. The main products that Cyprus exported to Malaysia were Packaged Medicaments ($6.08M), Unpackaged Medicaments ($2.8M), and Sheep and Goats ($1.77M). Over the past 5 years the exports of Cyprus to Malaysia have increased at an annualized rate of 13.7%, from $8.44M in 2018 to $16.1M in 2023.

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Malaysia-Cyprus Trade: In 2023, Malaysia exported $11M to Cyprus. The main products that Malaysia exported to Cyprus were Other Furniture ($1.77M), Rubber Apparel ($1.18M), and Paper Notebooks ($1.14M). Over the past 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 2.31%,  from $13.5M in 2018 to $11M in 2023.

In 2023, Malaysia 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, Malaysia ranked 27 in the Economic Complexity Index (ECI 1.04), and 19 in total exports ($383B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $16.1M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($6.08M), Unpackaged Medicaments ($2.8M), and Sheep and Goats ($1.77M). During the last 5 years the exports of Cyprus to Malaysia have increased at an annualized rate of 13.7%, from $8.44M in 2018 to $16.1M in 2023.

In 2018, Malaysia exported $11M to Cyprus. The main products exported from Malaysia to Cyprus were Other Furniture ($1.77M), Rubber Apparel ($1.18M), and Paper Notebooks ($1.14M). During the last 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 2.31%, from $13.5M in 2023 to $11M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Malaysia (Flag)

Cyprus Exports

Malaysia Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Malaysia
Top DestinationChina$79.8B

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

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

In 2023, countries that imported more from Malaysia than Cyprus included China ($79.8B), Singapore ($47.3B), and United States ($44.9B).

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

Comparative Advantage Cyprus - Malaysia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($8.93M), Metals ($2.28M), and Animal Products ($1.77M).

During 2018, Malaysia had a large net trade with Cyprus in the exports of Miscellaneous ($2.57M), Plastics and Rubbers ($1.89M), and Machines ($1.48M).

Economic Complexity

Competitive Landscape

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

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

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