2022
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GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
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$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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About

Cyprus-British Virgin Islands Trade: In 2022, Cyprus exported $230k to British Virgin Islands. The main products that Cyprus exported to British Virgin Islands were Hard Liquor ($218k), Sports Equipment ($4.84k), and Fruit Juice ($4.65k). Over the past 5 years the exports of Cyprus to British Virgin Islands have decreased at an annualized rate of 50.9%, from $8.02M in 2017 to $230k in 2022.

In 2022, Cyprus did not export any services to British Virgin Islands.

British Virgin Islands-Cyprus Trade: In 2022, British Virgin Islands exported $3.02M to Cyprus. The main products that British Virgin Islands exported to Cyprus were Other Sea Vessels ($3.02M), Broadcasting Equipment ($155), and Rubber Stamps ($9). Over the past 5 years the exports of British Virgin Islands to Cyprus have decreased at an annualized rate of 51.9%,  from $117M in 2017 to $3.02M in 2022.

In 2022, British Virgin Islands did not export any services to Cyprus.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B). That same year, British Virgin Islands ranked 185 in total exports ($206M). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $230k to British Virgin Islands. The main products exported from Cyprus to British Virgin Islands were Hard Liquor ($218k), Sports Equipment ($4.84k), and Fruit Juice ($4.65k). During the last 5 years the exports of Cyprus to British Virgin Islands have decreased at an annualized rate of 50.9%, from $8.02M in 2017 to $230k in 2022.

In 2017, British Virgin Islands exported $3.02M to Cyprus. The main products exported from British Virgin Islands to Cyprus were Other Sea Vessels ($3.02M), Broadcasting Equipment ($155), and Rubber Stamps ($9). During the last 5 years the exports of British Virgin Islands to Cyprus have decreased at an annualized rate of 51.9%, from $117M in 2022 to $3.02M in 2017.

Exports from Cyprus (Flag) to British Virgin Islands (Flag) (2022)

Exports from British Virgin Islands (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and British Virgin Islands (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
British Virgin Islands
Top Destination
Malta$85.8M

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

In 2022, countries that imported more from Cyprus than British Virgin Islands included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

In 2022, countries that imported more from British Virgin Islands than Cyprus included Malta ($85.8M), Brazil ($23M), and Zimbabwe ($5.02M).

Difference in imports from British Virgin Islands (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - British Virgin Islands

Flow
Scale

This chart compares trade between Cyprus and British Virgin Islands by product, considering products traded by both, Cyprus and British Virgin Islands.

During 2022, Cyprus had a large net trade with British Virgin Islands in the exports of Foodstuffs ($225k), Miscellaneous ($4.84k), and Wood Products ($35).

During 2017, British Virgin Islands had a large net trade with Cyprus in the exports of Transportation ($3.02M), Machines ($156), and Miscellaneous ($9).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and British Virgin Islands (Flag) (2022)

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