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2023
Flag → Flag
Exports $2.29MRnk 62 / 130
2023
Flag → Flag
Top Product $1.57MCast Iron Pipes
2023
Flag → Flag
Exports $11.5MRnk 53 / 196
2023
Flag → Flag
Top Product $10.7MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 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 $4,466CURRENT US$
Rnk 125 / 195
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Iran-Cyprus Trade: In 2023, Iran exported $2.29M to Cyprus. The main products that Iran exported to Cyprus were Cast Iron Pipes ($1.57M), Grapes ($445k), and Aluminium Bars ($106k). Over the past 5 years the exports of Iran to Cyprus have increased at an annualized rate of 1.09%, from $2.17M in 2018 to $2.29M in 2023.

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

Cyprus-Iran Trade: In 2023, Cyprus exported $11.5M to Iran. The main products that Cyprus exported to Iran were Packaged Medicaments ($10.7M), Special Pharmaceuticals ($279k), and Other Plastic Products ($275k). Over the past 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 23.8%,  from $44.7M in 2018 to $11.5M in 2023.

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

Comparison In 2023,  Iran ranked 58 in the Economic Complexity Index (ECI 0.084),  and 92 in total exports ($13.2B). 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, Iran exported $2.29M to Cyprus. The main products exported from Iran to Cyprus were Cast Iron Pipes ($1.57M), Grapes ($445k), and Aluminium Bars ($106k). During the last 5 years the exports of Iran to Cyprus have increased at an annualized rate of 1.09%, from $2.17M in 2018 to $2.29M in 2023.

In 2018, Cyprus exported $11.5M to Iran. The main products exported from Cyprus to Iran were Packaged Medicaments ($10.7M), Special Pharmaceuticals ($279k), and Other Plastic Products ($275k). During the last 5 years the exports of Cyprus to Iran have decreased at an annualized rate of 23.8%, from $44.7M in 2023 to $11.5M in 2018.

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

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

Latest Data

Trade between Iran (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Iran
Top DestinationChina$4.59B
Cyprus
Top DestinationLibya$775M

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 2023, countries that imported more from Iran than Cyprus included China ($4.59B), Turkey ($2.18B), and India ($1.02B).

In 2023, countries that imported more from Cyprus than Iran included Libya ($775M), Greece ($626M), and Bermuda ($403M).

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

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 2023, Iran had a large net trade with Cyprus in the exports of Metals ($1.74M), Vegetable Products ($456k), and Plastics and Rubbers ($44.1k).

During 2018, Cyprus had a large net trade with Iran in the exports of Chemical Products ($11M), Plastics and Rubbers ($281k), and Machines ($96k).

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) (2023)

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