NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $1.34MRnk 83 / 158
2023
Flag → Flag
Top Product $326kWater
2023
Flag → Flag
Exports $6.81MRnk 64 / 196
2023
Flag → Flag
Top Product $1.29MBroadcasting Equipment
2023
Flag
Economic Complexity (ECI) ECI 0.13Rnk 55 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 109 / 195
2013-2023
Flag
GDP GROWTH75.7%CURRENT US$
Rnk 33 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $8,284CURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP PC GROWTH75.8%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Georgia-Cyprus Trade: In 2023, Georgia exported $1.34M to Cyprus. The main products that Georgia exported to Cyprus were Water ($326k), Raw Plastic Sheeting ($220k), and Ferroalloys ($122k). Over the past 5 years the exports of Georgia to Cyprus have decreased at an annualized rate of 4.84%, from $1.71M in 2018 to $1.34M in 2023.

In 2023, Georgia did not export any services to Cyprus.

Cyprus-Georgia Trade: In 2023, Cyprus exported $6.81M to Georgia. The main products that Cyprus exported to Georgia were Broadcasting Equipment ($1.29M), Telephones ($990k), and Packaged Medicaments ($809k). Over the past 5 years the exports of Cyprus to Georgia have increased at an annualized rate of 5.74%,  from $5.15M in 2018 to $6.81M in 2023.

In 2023, Cyprus did not export any services to Georgia.

Comparison In 2023,  Georgia ranked 55 in the Economic Complexity Index (ECI 0.13),  and 123 in total exports ($6.39B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Georgia exported $1.34M to Cyprus. The main products exported from Georgia to Cyprus were Water ($326k), Raw Plastic Sheeting ($220k), and Ferroalloys ($122k). During the last 5 years the exports of Georgia to Cyprus have decreased at an annualized rate of 4.84%, from $1.71M in 2018 to $1.34M in 2023.

In 2018, Cyprus exported $6.81M to Georgia. The main products exported from Cyprus to Georgia were Broadcasting Equipment ($1.29M), Telephones ($990k), and Packaged Medicaments ($809k). During the last 5 years the exports of Cyprus to Georgia have increased at an annualized rate of 5.74%, from $5.15M in 2023 to $6.81M in 2018.

Exports from Georgia (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Georgia (Flag) (2023)

Latest Data

Trade between Georgia (Flag) and Cyprus (Flag)

Georgia Exports

Cyprus Exports

Market Competitiveness

Color
Georgia
Top DestinationAzerbaijan$828M
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Georgia than Cyprus included Azerbaijan ($828M), Armenia ($712M), and Russia ($657M).

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

Difference in imports from Cyprus (Flag) and Georgia (Flag) (2023)

Comparative Advantage Georgia - Cyprus

Flow
Scale

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

During 2023, Georgia had a large net trade with Cyprus in the exports of Foodstuffs ($551k), Plastics and Rubbers ($224k), and Metals ($123k).

During 2018, Cyprus had a large net trade with Georgia in the exports of Machines ($3.39M), Foodstuffs ($1.17M), and Chemical Products ($1.04M).

Economic Complexity

Competitive Landscape

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

Product Space of Georgia (Flag) and Cyprus (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms