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2023
Flag → Flag
Exports $10.9MRnk 54 / 196
2023
Flag → Flag
Top Product $6.52MPackaged Medicaments
2023
Flag → Flag
Exports $4.95MRnk 105 / 171
2023
Flag → Flag
Top Product $3.83MInsulated Wire
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 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$21,550CURRENT US$
Rnk 62 / 196
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195

About

Cyprus-Oman Trade: In 2023, Cyprus exported $10.9M to Oman. The main products that Cyprus exported to Oman were Packaged Medicaments ($6.52M), Tug Boats ($1.1M), and Cheese ($852k). Over the past 5 years the exports of Cyprus to Oman have increased at an annualized rate of 23.3%, from $3.81M in 2018 to $10.9M in 2023.

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

Oman-Cyprus Trade: In 2023, Oman exported $4.95M to Cyprus. The main products that Oman exported to Cyprus were Insulated Wire ($3.83M), Building Stone ($371k), and Polyacetals ($270k). Over the past 5 years the exports of Oman to Cyprus have increased at an annualized rate of 71.3%,  from $336k in 2018 to $4.95M in 2023.

In 2023, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $10.9M to Oman. The main products exported from Cyprus to Oman were Packaged Medicaments ($6.52M), Tug Boats ($1.1M), and Cheese ($852k). During the last 5 years the exports of Cyprus to Oman have increased at an annualized rate of 23.3%, from $3.81M in 2018 to $10.9M in 2023.

In 2018, Oman exported $4.95M to Cyprus. The main products exported from Oman to Cyprus were Insulated Wire ($3.83M), Building Stone ($371k), and Polyacetals ($270k). During the last 5 years the exports of Oman to Cyprus have increased at an annualized rate of 71.3%, from $336k in 2023 to $4.95M in 2018.

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

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

Latest Data

Trade between Cyprus (Flag) and Oman (Flag)

Cyprus Exports

Oman Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Oman
Top DestinationChina$30.2B

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

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

In 2023, countries that imported more from Oman than Cyprus included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

Comparative Advantage Cyprus - Oman

Flow
Scale

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

During 2023, Cyprus had a large net trade with Oman in the exports of Chemical Products ($6.74M), Foodstuffs ($1.14M), and Transportation ($1.1M).

During 2018, Oman had a large net trade with Cyprus in the exports of Machines ($3.83M), Stone And Glass ($371k), and Plastics and Rubbers ($272k).

Economic Complexity

Competitive Landscape

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

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

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