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2023
Flag → Flag
Exports $53.3MRnk 22 / 196
2023
Flag → Flag
Top Product $31.2MCheese
2023
Flag → Flag
Exports $71.2MRnk 81 / 182
2023
Flag → Flag
Top Product $37.9MEthers
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
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GDP PC$32,094CURRENT US$
Rnk 44 / 196
2013-2023
Flag
GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195

About

Cyprus-Saudi Arabia Trade: In 2023, Cyprus exported $53.3M to Saudi Arabia. The main products that Cyprus exported to Saudi Arabia were Cheese ($31.2M), Packaged Medicaments ($5.1M), and Liquid Dispersing Machines ($4.2M). Over the past 5 years the exports of Cyprus to Saudi Arabia have increased at an annualized rate of 1.95%, from $48.4M in 2018 to $53.3M in 2023.

In 2023, Cyprus did not export any services to Saudi Arabia.

Saudi Arabia-Cyprus Trade: In 2023, Saudi Arabia exported $71.2M to Cyprus. The main products that Saudi Arabia exported to Cyprus were Ethers ($37.9M), Refined Petroleum ($25.3M), and Ethylene Polymers ($5.21M). Over the past 5 years the exports of Saudi Arabia to Cyprus have increased at an annualized rate of 39.4%,  from $13.5M in 2018 to $71.2M in 2023.

In 2023, Saudi Arabia 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, Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $53.3M to Saudi Arabia. The main products exported from Cyprus to Saudi Arabia were Cheese ($31.2M), Packaged Medicaments ($5.1M), and Liquid Dispersing Machines ($4.2M). During the last 5 years the exports of Cyprus to Saudi Arabia have increased at an annualized rate of 1.95%, from $48.4M in 2018 to $53.3M in 2023.

In 2018, Saudi Arabia exported $71.2M to Cyprus. The main products exported from Saudi Arabia to Cyprus were Ethers ($37.9M), Refined Petroleum ($25.3M), and Ethylene Polymers ($5.21M). During the last 5 years the exports of Saudi Arabia to Cyprus have increased at an annualized rate of 39.4%, from $13.5M in 2023 to $71.2M in 2018.

Exports from Cyprus (Flag) to Saudi Arabia (Flag) (2023)

Exports from Saudi Arabia (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and Saudi Arabia (Flag)

Cyprus Exports

Saudi Arabia Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Saudi Arabia
Top DestinationChina$64.4B

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

In 2023, countries that imported more from Cyprus than Saudi Arabia included Libya ($775M), Bermuda ($403M), and Marshall Islands ($294M).

In 2023, countries that imported more from Saudi Arabia than Cyprus included China ($64.4B), India ($34.8B), and Japan ($34.7B).

Difference in imports from Saudi Arabia (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Saudi Arabia

Flow
Scale

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

During 2023, Cyprus had a large net trade with Saudi Arabia in the exports of Animal Products ($32.3M), Chemical Products ($8.82M), and Machines ($6.77M).

During 2018, Saudi Arabia had a large net trade with Cyprus in the exports of Chemical Products ($38.2M), Mineral Products ($25.3M), and Plastics and Rubbers ($5.98M).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Saudi Arabia (Flag) (2023)

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