Egypt (EGY) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Egypt-Cyprus Trade: In 2022, Egypt exported $87.3M to Cyprus. The main products that Egypt exported to Cyprus were Coated Flat-Rolled Iron ($9.88M), Hot-Rolled Iron Bars ($9.32M), and Tissue ($9.14M). Over the past 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 4.37%, from $70.5M in 2017 to $87.3M in 2022.

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

Cyprus-Egypt Trade: In 2022, Cyprus exported $19M to Egypt. The main products that Cyprus exported to Egypt were Recreational Boats ($4.97M), Liquid Dispersing Machines ($2.85M), and Recovered Paper ($1.53M). Over the past 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 32.1%, from $132M in 2017 to $19M in 2022.

In 2020, Cyprus exported services to Egypt worth $4.57M, with Transportation ($1.14M), Travel ($1.14M), and Financial services ($1.14M) being the largest in terms of value.

Comparison In 2022, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Egypt exported $87.3M to Cyprus. The main products exported from Egypt to Cyprus were Coated Flat-Rolled Iron ($9.88M), Hot-Rolled Iron Bars ($9.32M), and Tissue ($9.14M). During the last 5 years the exports of Egypt to Cyprus have increased at an annualized rate of 4.37%, from $70.5M in 2017 to $87.3M in 2022.

In 2017, Cyprus exported $19M to Egypt. The main products exported from Cyprus to Egypt were Recreational Boats ($4.97M), Liquid Dispersing Machines ($2.85M), and Recovered Paper ($1.53M). During the last 5 years the exports of Cyprus to Egypt have decreased at an annualized rate of 32.1%, from $132M in 2022 to $19M in 2017.

Exports from Egypt () to Cyprus () (2022)

Exports from Cyprus () to Egypt () (2022)

Latest Data

Trade between Egypt () and Cyprus ()

Egypt Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Egypt
Top DestinationTurkey$4.23B

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Egypt than Cyprus included Turkey ($4.23B), Italy ($3.32B), and United States ($3.21B).

In 2022, countries that imported more from Cyprus than Egypt included Hong Kong ($482M), Liberia ($255M), and Marshall Islands ($173M).

Difference in imports from Cyprus () and Egypt () (2022)

Comparative Advantage Egypt - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Egypt had a large net trade with Cyprus in the exports of Metals ($30.7M), Paper Goods ($14M), and Foodstuffs ($11M).

During 2017, Cyprus had a large net trade with Egypt in the exports of Transportation ($6.13M), Machines ($5.2M), and Paper Goods ($1.66M).

Potential Exports

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Bilateral Service Trade

Cyp Year

In 2020, Cyprus exported services to Egypt worth $4.57M, with Transportation ($1.14M), Travel ($1.14M), and Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Egypt () to Cyprus () (2022)

Exports from Cyprus () to Egypt () (2022)

Latest Data

Trade between Egypt () and Cyprus ()

Egypt Exports

Cyprus Exports

Market Competitiveness

Difference in imports from Cyprus () and Egypt () (2022)

Comparative Advantage Egypt - Cyprus

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Cyprus () to Egypt () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Egypt () and Cyprus () (2022)

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