2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Gibraltar-Cyprus Trade: In 2023, Gibraltar exported $20.9M to Cyprus. The main products that Gibraltar exported to Cyprus were Recreational Boats ($20.9M), Cars ($10.8k), and Office Machine Parts ($764). Over the past 5 years the exports of Gibraltar to Cyprus have increased at an annualized rate of 737%, from $511 in 2018 to $20.9M in 2023.

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

Cyprus-Gibraltar Trade: In 2023, Cyprus exported $3.03k to Gibraltar. The main products that Cyprus exported to Gibraltar were Broadcasting Equipment ($1.6k), Engine Parts ($1.08k), and Knit T-shirts ($175). Over the past 5 years the exports of Cyprus to Gibraltar have decreased at an annualized rate of 82.8%,  from $20.1M in 2018 to $3.03k in 2023.

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

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $20.9M to Cyprus. The main products exported from Gibraltar to Cyprus were Recreational Boats ($20.9M), Cars ($10.8k), and Office Machine Parts ($764). During the last 5 years the exports of Gibraltar to Cyprus have increased at an annualized rate of 737%, from $511 in 2018 to $20.9M in 2023.

In 2018, Cyprus exported $3.03k to Gibraltar. The main products exported from Cyprus to Gibraltar were Broadcasting Equipment ($1.6k), Engine Parts ($1.08k), and Knit T-shirts ($175). During the last 5 years the exports of Cyprus to Gibraltar have decreased at an annualized rate of 82.8%, from $20.1M in 2023 to $3.03k in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Gibraltar than Cyprus included Netherlands ($113M), Ghana ($1.3M), and Madagascar ($137k).

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

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

Comparative Advantage Gibraltar - Cyprus

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Cyprus in the exports of Transportation ($20.9M), Machines ($1.49k), and Stone And Glass ($145).

During 2018, Cyprus had a large net trade with Gibraltar in the exports of Machines ($2.68k), Textiles ($175), and Miscellaneous ($173).

Economic Complexity

Competitive Landscape

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

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

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