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2022
Flag → Flag
Exports $37.9MRnk 29 / 194
2022
Flag → Flag
Top Product $35.9MPackaged Medicaments
2022
Flag → Flag
Exports $61.2MRnk 100 / 152
2022
Flag → Flag
Top Product $31.4MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.2Rnk 55 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH109%CURRENT US$
Rnk 12 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH90.1%CURRENT US$
Rnk 11 / 186

About

Cyprus-Vietnam Trade: In 2022, Cyprus exported $37.9M to Vietnam. The main products that Cyprus exported to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). Over the past 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 3.35%, from $45M in 2017 to $37.9M in 2022.

In 2022, Cyprus did not export any services to Vietnam.

Vietnam-Cyprus Trade: In 2022, Vietnam exported $61.2M to Cyprus. The main products that Vietnam exported to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). Over the past 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 5.36%,  from $47.2M in 2017 to $61.2M in 2022.

In 2022, Vietnam 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, Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $37.9M to Vietnam. The main products exported from Cyprus to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). During the last 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 3.35%, from $45M in 2017 to $37.9M in 2022.

In 2017, Vietnam exported $61.2M to Cyprus. The main products exported from Vietnam to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). During the last 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 5.36%, from $47.2M in 2022 to $61.2M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Vietnam (Flag)

Cyprus Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Vietnam
Top DestinationUnited States$117B

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

In 2022, countries that imported more from Cyprus than Vietnam included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

In 2022, countries that imported more from Vietnam than Cyprus included United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

Comparative Advantage Cyprus - Vietnam

Flow
Scale

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

During 2022, Cyprus had a large net trade with Vietnam in the exports of Chemical Products ($36.3M), Machines ($762k), and Paper Goods ($308k).

During 2017, Vietnam had a large net trade with Cyprus in the exports of Chemical Products ($38.4M), Foodstuffs ($5.96M), and Plastics and Rubbers ($4.7M).

Economic Complexity

Competitive Landscape

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

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

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