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
$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH
2.56%CURRENT US$
Rnk 167 / 195
2023
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GDP PC 
$36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC
$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH
-22%CURRENT US$
Rnk 180 / 195

About

Cyprus-Namibia Trade: In 2023, Cyprus exported $1.72M to Namibia. The main products that Cyprus exported to Namibia were Iron Structures ($1.01M), Broadcasting Equipment ($459k), and Other Iron Products ($110k). Over the past 5 years the exports of Cyprus to Namibia have decreased at an annualized rate of 41.2%, from $24.6M in 2018 to $1.72M in 2023.

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

Namibia-Cyprus Trade: In 2023, Namibia exported $5.02M to Cyprus. The main products that Namibia exported to Cyprus were Wood Charcoal ($2.31M), Excavation Machinery ($1.08M), and Molluscs ($920k). Over the past 5 years the exports of Namibia to Cyprus have increased at an annualized rate of 6.92%,  from $2.11M in 2018 to $5.02M in 2023.

In 2023, Namibia 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, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $1.72M to Namibia. The main products exported from Cyprus to Namibia were Iron Structures ($1.01M), Broadcasting Equipment ($459k), and Other Iron Products ($110k). During the last 5 years the exports of Cyprus to Namibia have decreased at an annualized rate of 41.2%, from $24.6M in 2018 to $1.72M in 2023.

In 2018, Namibia exported $5.02M to Cyprus. The main products exported from Namibia to Cyprus were Wood Charcoal ($2.31M), Excavation Machinery ($1.08M), and Molluscs ($920k). During the last 5 years the exports of Namibia to Cyprus have increased at an annualized rate of 6.92%, from $2.11M in 2023 to $5.02M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Namibia (Flag)

Cyprus Exports

Namibia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Libya$775M
Namibia
Top Destination
South Africa$1.71B

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

In 2023, countries that imported more from Cyprus than Namibia included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from Namibia than Cyprus included South Africa ($1.71B), China ($752M), and Botswana ($504M).

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

Comparative Advantage Cyprus - Namibia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Namibia in the exports of Metals ($1.13M), Machines ($462k), and Chemical Products ($100k).

During 2018, Namibia had a large net trade with Cyprus in the exports of Wood Products ($2.32M), Machines ($1.23M), and Animal Products ($937k).

Economic Complexity

Competitive Landscape

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

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

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