Cyprus (CYP) and Somalia (SOM) Trade | The Observatory of Economic Complexity

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Cyprus-Somalia Trade: In 2023, Cyprus exported $1.04M to Somalia. The main products that Cyprus exported to Somalia were Fruit Juice ($655k), Flavored Water ($209k), and Packaged Medicaments ($181k). Over the past 5 years the exports of Cyprus to Somalia have decreased at an annualized rate of 6.39%, from $1.45M in 2018 to $1.04M in 2023.

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

Somalia-Cyprus In N/A, Somalia did not export any products to Cyprus.

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

Comparison In 2023, Cyprus ranked 126 in total exports ($5.7B). That same year, Somalia ranked 161 in total exports ($1.03B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Cyprus exported $1.04M to Somalia. The main products exported from Cyprus to Somalia were Fruit Juice ($655k), Flavored Water ($209k), and Packaged Medicaments ($181k). During the last 5 years the exports of Cyprus to Somalia have decreased at an annualized rate of 6.39%, from $1.45M in 2018 to $1.04M in 2023.

Somalia does not register exports to Cyprus. The main products exported from Somalia to Cyprus were Non-Knit Women's Shirts ($83), Non-Knit Women's Suits ($40), and Artificial Filament Yarn Woven Fabric ($36).

Exports from Cyprus () to Somalia () (2023)

Exports from Somalia () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and Somalia ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationLibya$775M

Somalia
Top DestinationUnited Arab Emirates$360M

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

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

In 2023, countries that imported more from Somalia than Cyprus included United Arab Emirates ($360M), Saudi Arabia ($283M), and Oman ($180M).

Difference in imports from Somalia () and Cyprus () (2023)

Comparative Advantage Cyprus - Somalia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Cyprus had a large net trade with Somalia in the exports of Foodstuffs ($864k) and Chemical Products ($181k).

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Somalia () (2023)

Exports from Somalia () to Cyprus () (2023)

Latest Data

Trade between Cyprus () and Somalia ()

Cyprus Exports

Market Competitiveness

Difference in imports from Somalia () and Cyprus () (2023)

Comparative Advantage Cyprus - Somalia

Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Somalia () (2023)

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