2022
Flag  
GDP
$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH
-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC 
$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH
-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Iran-Cyprus Trade: In 2022, Iran exported $409k to Cyprus. The main products that Iran exported to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). Over the past 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%, from $1.68M in 2017 to $409k in 2022.

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

Cyprus-Iran Trade: In 2022, Cyprus exported $9.66M to Iran. The main products that Cyprus exported to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). Over the past 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 26.5%,  from $44.9M in 2017 to $9.66M in 2022.

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

Comparison In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072),  and 86 in total exports ($15.9B). 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
Value

In 2022, Iran exported $409k to Cyprus. The main products exported from Iran to Cyprus were Grapes ($259k), Knotted Carpets ($53.9k), and Cast Iron Pipes ($36.4k). During the last 5 years the exports of Iran to Cyprus have decreased at an annualized rate of 24.6%, from $1.68M in 2017 to $409k in 2022.

In 2017, Cyprus exported $9.66M to Iran. The main products exported from Cyprus to Iran were Packaged Medicaments ($7.9M), Other Plastic Products ($1.33M), and Special Pharmaceuticals ($240k). During the last 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 26.5%, from $44.9M in 2022 to $9.66M in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Iran
Top Destination
China$5.72B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Iran than Cyprus included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

In 2022, countries that imported more from Cyprus than Iran included Hong Kong ($482M), Greece ($471M), and Liberia ($255M).

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

Comparative Advantage Iran - Cyprus

Flow
Scale

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

During 2022, Iran had a large net trade with Cyprus in the exports of Vegetable Products ($259k), Metals ($66.1k), and Textiles ($64k).

During 2017, Cyprus had a large net trade with Iran in the exports of Chemical Products ($8.14M), Plastics and Rubbers ($1.33M), and Instruments ($102k).

Economic Complexity

Competitive Landscape

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

Product Space of Iran (Flag) and Cyprus (Flag) (2022)

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