Cyprus (CYP) and Chinese Taipei (TWN) Trade | The Observatory of Economic Complexity

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Cyprus-Chinese Taipei Trade: In 2022, Cyprus exported $7.01M to Chinese Taipei. The main products that Cyprus exported to Chinese Taipei were Video Displays ($1.56M), Packaged Medicaments ($1.53M), and Unpackaged Medicaments ($677k). Over the past 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 1.93%, from $6.37M in 2017 to $7.01M in 2022.

In 2022, Cyprus did not export any services to Chinese Taipei.

Chinese Taipei-Cyprus Trade: In 2022, Chinese Taipei exported $42.8M to Cyprus. The main products that Chinese Taipei exported to Cyprus were Ethers ($11M), Flavored Water ($4.72M), and Coffee and Tea Extracts ($4.14M). Over the past 5 years the exports of Chinese Taipei to Cyprus have increased at an annualized rate of 11%, from $25.5M in 2017 to $42.8M in 2022.

In 2022, Chinese Taipei did not export any services to Cyprus.

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $7.01M to Chinese Taipei. The main products exported from Cyprus to Chinese Taipei were Video Displays ($1.56M), Packaged Medicaments ($1.53M), and Unpackaged Medicaments ($677k). During the last 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 1.93%, from $6.37M in 2017 to $7.01M in 2022.

In 2017, Chinese Taipei exported $42.8M to Cyprus. The main products exported from Chinese Taipei to Cyprus were Ethers ($11M), Flavored Water ($4.72M), and Coffee and Tea Extracts ($4.14M). During the last 5 years the exports of Chinese Taipei to Cyprus have increased at an annualized rate of 11%, from $25.5M in 2022 to $42.8M in 2017.

Exports from Cyprus () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Cyprus () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Chinese Taipei
Top DestinationChina$121B

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 2022, countries that imported more from Cyprus than Chinese Taipei included Greece ($471M), Lebanon ($329M), and Liberia ($255M).

In 2022, countries that imported more from Chinese Taipei than Cyprus included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei () and Cyprus () (2022)

Comparative Advantage Cyprus - Chinese Taipei

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Chinese Taipei in the exports of Chemical Products ($2.46M), Machines ($1.86M), and Animal Products ($1.44M).

During 2017, Chinese Taipei had a large net trade with Cyprus in the exports of Chemical Products ($13.6M), Foodstuffs ($9.22M), and Machines ($6.1M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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.

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Chinese Taipei () (2022)

Exports from Chinese Taipei () to Cyprus () (2022)

Market Competitiveness

Difference in imports from Chinese Taipei () and Cyprus () (2022)

Comparative Advantage Cyprus - Chinese Taipei

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Chinese Taipei () (2022)

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