2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$40.8BCURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP GROWTH
88.1%CURRENT US$
Rnk 21 / 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
$1,337CURRENT US$
Rnk 160 / 186
2012-2022
Flag
GDP PC GROWTH
68.3%CURRENT US$
Rnk 18 / 186

About

Cyprus-Nepal Trade: In 2022, Cyprus exported $225k to Nepal. The main products that Cyprus exported to Nepal were Packaged Medicaments ($179k), Fruit Juice ($14.8k), and Non-Knit Women's Suits ($5.16k). Over the past 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 34.9%, from $1.93M in 2017 to $225k in 2022.

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

Nepal-Cyprus Trade: In 2022, Nepal exported $46.3k to Cyprus. The main products that Nepal exported to Cyprus were Non-Knit Women's Suits ($9.59k), Non-Knit Men's Suits ($5.51k), and Imitation Jewellery ($4.64k). Over the past 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 5.14%,  from $36.1k in 2017 to $46.3k in 2022.

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

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B). That same year, Nepal ranked 153 in total exports ($1.43B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $225k to Nepal. The main products exported from Cyprus to Nepal were Packaged Medicaments ($179k), Fruit Juice ($14.8k), and Non-Knit Women's Suits ($5.16k). During the last 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 34.9%, from $1.93M in 2017 to $225k in 2022.

In 2017, Nepal exported $46.3k to Cyprus. The main products exported from Nepal to Cyprus were Non-Knit Women's Suits ($9.59k), Non-Knit Men's Suits ($5.51k), and Imitation Jewellery ($4.64k). During the last 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 5.14%, from $36.1k in 2022 to $46.3k in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Nepal (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Nepal
Top Destination
India$956M

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

In 2022, countries that imported more from Cyprus than Nepal included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2022, countries that imported more from Nepal than Cyprus included India ($956M), United States ($152M), and Japan ($13.2M).

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

Comparative Advantage Cyprus - Nepal

Flow
Scale

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

During 2022, Cyprus had a large net trade with Nepal in the exports of Chemical Products ($180k), Foodstuffs ($20.6k), and Textiles ($12k).

During 2017, Nepal had a large net trade with Cyprus in the exports of Textiles ($32.6k), Precious Metals ($5.11k), and Paper Goods ($3.39k).

Economic Complexity

Competitive Landscape

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

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

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