2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 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
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

Cyprus-United States In 2022, Cyprus exported $90.9M to United States. The main products that Cyprus exported to United States are Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). During the last 27 years the exports of Cyprus to United States have increased at an annualized rate of 5.78%, from $19.9M in 1995 to $90.9M in 2022.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

United States-Cyprus In 2022, United States exported $121M to Cyprus. The main products that United States exported to Cyprus were Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). During the last 27 years the exports of United States to Cyprus have decreased at an annualized rate of 4.5%, from $421M in 1995 to $121M in 2022.

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $90.9M to United States. The main products exported from Cyprus to United States were Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). During the last 27 years the exports of Cyprus to United States have increased at an annualized rate of 5.78%, from $19.9M in 1995 to $90.9M in 2022.

In 2022, United States exported $121M to Cyprus. The main products exported from United States to Cyprus were Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). During the last 27 years the exports of United States to Cyprus have decreased at an annualized rate of 4.5%, from $421M in 1995 to $121M in 2022.

Exports from Cyprus (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and United States (Flag)

Cyprus Exports

United States Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
United States
Top Destination
Canada$308B

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

In 2021, countries that imported more from Cyprus than United States were Seychelles ($70.8M), Liberia ($255M), and Syria ($1.91M).

In 2021, countries that imported more from United States than Cyprus were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - United States

Flow
Scale

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

During 2022, Cyprus had a large net trade with United States in the exports of Machines ($58.5M), Animal Products ($9.5M), and Foodstuffs ($5.23M).

During 2022, United States had a large net trade with Cyprus in the exports of Machines ($31.3M), Transportation ($29M), and Instruments ($10M).

Service Trade

Bilateral Service Trade

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to United States (Flag) (2020)

Services Exports from United States (Flag) to Cyprus (Flag) (2017)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Cyprus has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Cyprus.

Product Space of Cyprus (Flag) and United States (Flag) (2022)

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