2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Cyprus-Malaysia Trade: In 2022, Cyprus exported $10.5M to Malaysia. The main products that Cyprus exported to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). Over the past 5 years the exports of Cyprus to Malaysia have decreased at an annualized rate of 1.39%, from $11.2M in 2017 to $10.5M in 2022.

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 2022, Malaysia exported $15.3M to Cyprus. The main products that Malaysia exported to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). Over the past 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 0.66%,  from $15.8M in 2017 to $15.3M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $10.5M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 5 years the exports of Cyprus to Malaysia have decreased at an annualized rate of 1.39%, from $11.2M in 2017 to $10.5M in 2022.

In 2017, Malaysia exported $15.3M to Cyprus. The main products exported from Malaysia to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 5 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 0.66%, from $15.8M in 2022 to $15.3M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Malaysia (Flag)

Cyprus Exports

Malaysia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Malaysia
Top Destination
Singapore$53.8B

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 2022, countries that imported more from Cyprus than Malaysia included Greece ($471M), Israel ($254M), and Liberia ($255M).

In 2022, countries that imported more from Malaysia than Cyprus included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

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 2022, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($6.27M), Plastics and Rubbers ($1.38M), and Metals ($974k).

During 2017, Malaysia had a large net trade with Cyprus in the exports of Plastics and Rubbers ($3.81M), Transportation ($3.72M), and Machines ($2.77M).

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) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with