2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 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
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Cyprus-South Africa Trade: In 2022, Cyprus exported $5.74M to South Africa. The main products that Cyprus exported to South Africa were Packaged Medicaments ($1.29M), Other Processed Fruits and Nuts ($941k), and Navigation Equipment ($816k). Over the past 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 6.91%, from $8.21M in 2017 to $5.74M in 2022.

In 2020, Cyprus exported services to South Africa worth $33.1M, with Financial services ($21.7M), Transportation ($10.3M), and Travel ($1.14M) being the largest in terms of value.

South Africa-Cyprus Trade: In 2022, South Africa exported $9.84M to Cyprus. The main products that South Africa exported to Cyprus were Refined Petroleum ($2.27M), Other Plastic Products ($1.23M), and Delivery Trucks ($909k). Over the past 5 years the exports of South Africa to Cyprus have decreased at an annualized rate of 0.72%,  from $10.2M in 2017 to $9.84M in 2022.

In 2022, South Africa 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, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $5.74M to South Africa. The main products exported from Cyprus to South Africa were Packaged Medicaments ($1.29M), Other Processed Fruits and Nuts ($941k), and Navigation Equipment ($816k). During the last 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 6.91%, from $8.21M in 2017 to $5.74M in 2022.

In 2017, South Africa exported $9.84M to Cyprus. The main products exported from South Africa to Cyprus were Refined Petroleum ($2.27M), Other Plastic Products ($1.23M), and Delivery Trucks ($909k). During the last 5 years the exports of South Africa to Cyprus have decreased at an annualized rate of 0.72%, from $10.2M in 2022 to $9.84M in 2017.

Exports from Cyprus (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Cyprus (Flag) (2022)

Latest Data

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

Cyprus Exports

South Africa Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from South Africa than Cyprus included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Cyprus (Flag) (2022)

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 2022, Cyprus had a large net trade with South Africa in the exports of Chemical Products ($1.85M), Machines ($1.8M), and Foodstuffs ($1.07M).

During 2017, South Africa had a large net trade with Cyprus in the exports of Mineral Products ($2.28M), Plastics and Rubbers ($1.99M), and Transportation ($1.18M).

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) (2022)

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