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2023
Flag → Flag
Exports $6.3MRnk 66 / 196
2023
Flag → Flag
Top Product $2.24MPackaged Medicaments
2023
Flag → Flag
Exports $34.1MRnk 110 / 211
2023
Flag → Flag
Top Product $18.1MRecreational Boats
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC $36,551CURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195
2023
Flag
GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Cyprus-South Africa Trade: In 2023, Cyprus exported $6.3M to South Africa. The main products that Cyprus exported to South Africa were Packaged Medicaments ($2.24M), Unpackaged Medicaments ($759k), and Other Processed Fruits and Nuts ($617k). Over the past 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 13.4%, from $13M in 2018 to $6.3M in 2023.

In 2023, Cyprus did not export any services to South Africa.

South Africa-Cyprus Trade: In 2023, South Africa exported $34.1M to Cyprus. The main products that South Africa exported to Cyprus were Recreational Boats ($18.1M), Delivery Trucks ($4.96M), and Refined Petroleum ($1.81M). Over the past 5 years the exports of South Africa to Cyprus have increased at an annualized rate of 28.7%,  from $9.66M in 2018 to $34.1M in 2023.

In 2023, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cyprus exported $6.3M to South Africa. The main products exported from Cyprus to South Africa were Packaged Medicaments ($2.24M), Unpackaged Medicaments ($759k), and Other Processed Fruits and Nuts ($617k). During the last 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 13.4%, from $13M in 2018 to $6.3M in 2023.

In 2018, South Africa exported $34.1M to Cyprus. The main products exported from South Africa to Cyprus were Recreational Boats ($18.1M), Delivery Trucks ($4.96M), and Refined Petroleum ($1.81M). During the last 5 years the exports of South Africa to Cyprus have increased at an annualized rate of 28.7%, from $9.66M in 2023 to $34.1M in 2018.

Exports from Cyprus (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Cyprus (Flag) (2023)

Latest Data

Trade between Cyprus (Flag) and South Africa (Flag)

Cyprus Exports

South Africa Exports

Market Competitiveness

Color
Cyprus
Top DestinationLibya$775M
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Cyprus than South Africa included Libya ($775M), Greece ($626M), and Lebanon ($438M).

In 2023, countries that imported more from South Africa than Cyprus included China ($29.5B), United States ($13B), and India ($10.8B).

Difference in imports from South Africa (Flag) and Cyprus (Flag) (2023)

Comparative Advantage Cyprus - South Africa

Flow
Scale

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

During 2023, Cyprus had a large net trade with South Africa in the exports of Chemical Products ($3.05M), Machines ($1.4M), and Foodstuffs ($900k).

During 2018, South Africa had a large net trade with Cyprus in the exports of Transportation ($24.5M), Foodstuffs ($1.91M), and Mineral Products ($1.83M).

Economic Complexity

Competitive Landscape

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

Product Space of Cyprus (Flag) and South Africa (Flag) (2023)

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