2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH
22%CURRENT US$
Rnk 117 / 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
$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 80 / 186

About

Cyprus-Slovakia Trade: In 2022, Cyprus exported $16.2M to Slovakia. The main products that Cyprus exported to Slovakia were Packaged Medicaments ($11M), Hot-Rolled Iron Bars ($3.06M), and Cheese ($705k). Over the past 5 years the exports of Cyprus to Slovakia have decreased at an annualized rate of 22.3%, from $57.4M in 2017 to $16.2M in 2022.

In 2020, Cyprus exported services to Slovakia worth $11.4M, with Financial services ($10.3M) and Travel ($1.14M) being the largest in terms of value.

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

In 2020, Slovakia exported services to Cyprus worth $46.4M, with Transportation ($21.9M), Other business services ($11.4M), and Computer and information services ($7.88M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $16.2M to Slovakia. The main products exported from Cyprus to Slovakia were Packaged Medicaments ($11M), Hot-Rolled Iron Bars ($3.06M), and Cheese ($705k). During the last 5 years the exports of Cyprus to Slovakia have decreased at an annualized rate of 22.3%, from $57.4M in 2017 to $16.2M in 2022.

Slovakia does not register exports to Cyprus. The main products exported from Slovakia to Cyprus were Cars ($21.8M), Video Displays ($8.29M), and Coffee ($7.07M).

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

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

Latest Data

Trade between Cyprus (Flag) and Slovakia (Flag)

Cyprus Exports

Slovakia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Slovakia
Top Destination
Germany$22.2B

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

In 2022, countries that imported more from Cyprus than Slovakia included Hong Kong ($482M), Lebanon ($329M), and Liberia ($255M).

In 2022, countries that imported more from Slovakia than Cyprus included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Cyprus - Slovakia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Slovakia in the exports of Chemical Products ($11.1M), Metals ($3.08M), and Animal Products ($740k).

Bilateral Service Trade

In 2020, Cyprus exported services to Slovakia worth $11.4M, with Financial services ($10.3M) and Travel ($1.14M) being the largest in terms of value.

In 2020, Slovakia exported services to Cyprus worth $46.4M, with Transportation ($21.9M), Other business services ($11.4M), and Computer and information services ($7.88M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Slovakia (Flag) (2020)

Services Exports from Slovakia (Flag) to Cyprus (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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