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2022
Flag → Flag
Exports $16.2MRnk 38 / 154
2022
Flag → Flag
Top Product $13.7MCoal Tar Oil
2022
Flag → Flag
Exports $9.39MRnk 62 / 194
2022
Flag → Flag
Top Product $4.04MTug Boats
2022
Flag
Economic Complexity (ECI) ECI 0.036Rnk 64 / 133
2022
Flag  
GDP$24.6BCURRENT US$
Rnk 109 / 186
2012-2022
Flag
GDP GROWTH49.2%CURRENT US$
Rnk 64 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $6,628CURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP PC GROWTH49.9%CURRENT US$
Rnk 36 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Georgia-Cyprus Trade: In 2022, Georgia exported $16.2M to Cyprus. The main products that Georgia exported to Cyprus were Coal Tar Oil ($13.7M), Polyacetals ($807k), and Hard Liquor ($635k). Over the past 5 years the exports of Georgia to Cyprus have increased at an annualized rate of 14.5%, from $8.23M in 2017 to $16.2M in 2022.

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

Cyprus-Georgia Trade: In 2022, Cyprus exported $9.39M to Georgia. The main products that Cyprus exported to Georgia were Tug Boats ($4.04M), Video and Card Games ($985k), and Packaged Medicaments ($718k). Over the past 5 years the exports of Cyprus to Georgia have decreased at an annualized rate of 5.87%,  from $12.7M in 2017 to $9.39M in 2022.

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

Comparison In 2022,  Georgia ranked 64 in the Economic Complexity Index (ECI 0.036),  and 118 in total exports ($6.82B). 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
Value

In 2022, Georgia exported $16.2M to Cyprus. The main products exported from Georgia to Cyprus were Coal Tar Oil ($13.7M), Polyacetals ($807k), and Hard Liquor ($635k). During the last 5 years the exports of Georgia to Cyprus have increased at an annualized rate of 14.5%, from $8.23M in 2017 to $16.2M in 2022.

In 2017, Cyprus exported $9.39M to Georgia. The main products exported from Cyprus to Georgia were Tug Boats ($4.04M), Video and Card Games ($985k), and Packaged Medicaments ($718k). During the last 5 years the exports of Cyprus to Georgia have decreased at an annualized rate of 5.87%, from $12.7M in 2022 to $9.39M in 2017.

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

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

Latest Data

Trade between Georgia (Flag) and Cyprus (Flag)

Georgia Exports

Cyprus Exports

Market Competitiveness

Color
Georgia
Top DestinationChina$759M
Cyprus
Top DestinationHong Kong$482M

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 2022, countries that imported more from Georgia than Cyprus included China ($759M), Azerbaijan ($668M), and Russia ($642M).

In 2022, countries that imported more from Cyprus than Georgia included Hong Kong ($482M), Greece ($471M), and Lebanon ($329M).

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

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 2022, Georgia had a large net trade with Cyprus in the exports of Mineral Products ($13.7M), Plastics and Rubbers ($1.18M), and Foodstuffs ($889k).

During 2017, Cyprus had a large net trade with Georgia in the exports of Transportation ($4.06M), Machines ($1.88M), and Miscellaneous ($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) (2022)

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