British Indian Ocean Territory (IOT) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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British Indian Ocean Territory-Cyprus Trade: In 2022, British Indian Ocean Territory exported $52 to Cyprus. The main products that British Indian Ocean Territory exported to Cyprus were Knit T-shirts ($52). Over the past 21 years the exports of British Indian Ocean Territory to Cyprus have decreased at an annualized rate of 19.9%, from $5.55k in 2001 to $52 in 2022.

In 2022, British Indian Ocean Territory did not export any services to Cyprus.

Cyprus-British Indian Ocean Territory Trade: In 2022, Cyprus exported $4.48k to British Indian Ocean Territory. The main products that Cyprus exported to British Indian Ocean Territory were N/A. Over the past 21 years the exports of Cyprus to British Indian Ocean Territory have decreased at an annualized rate of 9.3%, from $7.29k in 2001 to $4.48k in 2022.

In 2022, Cyprus did not export any services to British Indian Ocean Territory.

Comparison In 2022, British Indian Ocean Territory ranked 221 in total exports ($5.8M). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, British Indian Ocean Territory exported $52 to Cyprus. The main products exported from British Indian Ocean Territory to Cyprus were Knit T-shirts ($52). During the last 21 years the exports of British Indian Ocean Territory to Cyprus have decreased at an annualized rate of 19.9%, from $5.55k in 2001 to $52 in 2022.

In 2003, Cyprus exported $4.48k to British Indian Ocean Territory. There were not main exports from Cyprus to British Indian Ocean Territory in 2003. During the last 5 years the exports of Cyprus to British Indian Ocean Territory have decreased at an annualized rate of 9.3%, from $7.29k in 2008 to $4.48k in 2003.

Exports from British Indian Ocean Territory () to Cyprus () (2022)

Exports from Cyprus () to British Indian Ocean Territory () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

British Indian Ocean Territory
Top DestinationSingapore$4.42M

Cyprus
Top DestinationHong Kong$482M

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

In 2022, no countries were registered that imported more from British Indian Ocean Territory than from Cyprus.

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

Difference in imports from Cyprus () and British Indian Ocean Territory () (2022)

Comparative Advantage British Indian Ocean Territory - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between British Indian Ocean Territory and Cyprus by product, considering products traded by both, British Indian Ocean Territory and Cyprus.

During 2022, British Indian Ocean Territory had a large net trade with Cyprus in the exports of Textiles ($52).

During 2003, Cyprus had a large net trade with British Indian Ocean Territory in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from British Indian Ocean Territory () to Cyprus () (2022)

Exports from Cyprus () to British Indian Ocean Territory () (2022)

Market Competitiveness

Difference in imports from Cyprus () and British Indian Ocean Territory () (2022)

Comparative Advantage British Indian Ocean Territory - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of British Indian Ocean Territory () and Cyprus () (2022)

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