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2023
Flag → Flag
Exports $7.93MRnk 61 / 196
2023
Flag → Flag
Top Product $3.15MPackaged Medicaments
2023
Flag → Flag
Exports $27.2MRnk 114 / 212
2023
Flag → Flag
Top Product $4.83MFlavored Water
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Cyprus-Chinese Taipei Trade: In 2023, Cyprus exported $7.93M to Chinese Taipei. The main products that Cyprus exported to Chinese Taipei were Packaged Medicaments ($3.15M), Fruit Juice ($1.82M), and Dental Products ($634k). Over the past 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 4.09%, from $6.49M in 2018 to $7.93M in 2023.

In 2023, Cyprus did not export any services to Chinese Taipei.

Chinese Taipei-Cyprus Trade: In 2023, Chinese Taipei exported $27.2M to Cyprus. The main products that Chinese Taipei exported to Cyprus were Flavored Water ($4.83M), Coffee and Tea Extracts ($3.75M), and Iron Fasteners ($997k). Over the past 5 years the exports of Chinese Taipei to Cyprus have decreased at an annualized rate of 5.06%,  from $35.3M in 2018 to $27.2M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $7.93M to Chinese Taipei. The main products exported from Cyprus to Chinese Taipei were Packaged Medicaments ($3.15M), Fruit Juice ($1.82M), and Dental Products ($634k). During the last 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 4.09%, from $6.49M in 2018 to $7.93M in 2023.

In 2018, Chinese Taipei exported $27.2M to Cyprus. The main products exported from Chinese Taipei to Cyprus were Flavored Water ($4.83M), Coffee and Tea Extracts ($3.75M), and Iron Fasteners ($997k). During the last 5 years the exports of Chinese Taipei to Cyprus have decreased at an annualized rate of 5.06%, from $35.3M in 2023 to $27.2M in 2018.

Exports from Cyprus (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Cyprus (Flag) (2023)

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
Chinese Taipei
Top DestinationChina$101B

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

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

In 2023, countries that imported more from Chinese Taipei than Cyprus included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - Chinese Taipei

Flow
Scale

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

During 2023, Cyprus had a large net trade with Chinese Taipei in the exports of Chemical Products ($3.79M), Foodstuffs ($1.87M), and Animal Products ($1.18M).

During 2018, Chinese Taipei had a large net trade with Cyprus in the exports of Foodstuffs ($8.81M), Machines ($5.48M), and Metals ($4.18M).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and Chinese Taipei (Flag) (2023)

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