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2023
Flag → Flag
Exports $327MRnk 84 / 211
2023
Flag → Flag
Top Product $245MCars
2023
Flag → Flag
Exports $2.03MRnk 88 / 196
2023
Flag → Flag
Top Product $418kOther Plastic Products
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 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 $33,767CURRENT US$
Rnk 38 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Japan-Cyprus Trade: In 2023, Japan exported $327M to Cyprus. The main products that Japan exported to Cyprus were Cars ($245M), Passenger and Cargo Ships ($59.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($2.67M). Over the past 5 years the exports of Japan to Cyprus have increased at an annualized rate of 16.5%, from $152M in 2018 to $327M in 2023.

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

Cyprus-Japan Trade: In 2023, Cyprus exported $2.03M to Japan. The main products that Cyprus exported to Japan were Other Plastic Products ($418k), Fruit Juice ($381k), and Flavored Water ($189k). Over the past 5 years the exports of Cyprus to Japan have increased at an annualized rate of 7.88%,  from $1.02M in 2018 to $2.03M in 2023.

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Comparison In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07),  and 4 in total exports ($766B). That same year, Cyprus ranked 126 in total exports ($5.7B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥8.12B and imported ¥1.85M from Cyprus, resulting in a positive trade balance of ¥8.11B. Between November 2023 and November 2024 the exports of Japan have decreased by ¥-12.8B (-61.2%) from ¥20.9B to ¥8.12B, while imports decreased by ¥-23M (-92.5%) from ¥24.8M to ¥1.85M.

Trade In November 2024, the top exports of Japan to Cyprus were Passenger and Cargo Ships (¥4.24B), Cars (¥2.22B), Commodities not elsewhere specified (¥456M), Rubber Tires (¥35.4M), and Delivery Trucks (¥19.5M). In November 2024 the top imports of Japan from Cyprus were Centrifuges (¥999k), Other Leather Articles (¥279k), and Other Cloth Articles (¥213k).

Origins In November 2024 the exports of Japan were mainly from Kanagawa (¥2.52B), Osaka (¥1.97B), Aichi (¥1.67B), Hyōgo (¥1.35B), and Chiba (¥272M), while imports destinations were mainly Osaka (¥732k), Chiba (¥623k), and Tokyo (¥494k).

Growth In November 2024, the decrease in Japan's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Engine Parts (¥-13.1M or -72.8%), Other Rubber Products (¥-13.1M or -97.9%), and Tractors (¥-1.19M or -34.3%). In November 2024, the decrease in Japan's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥-12.8B(-61.2%)
IMPORT GROWTH (November 2023 - November 2024)¥-23M(-92.5%)
MAIN EXPORTER (November 2024)Kanagawa¥2.52B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Cyprus and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $327M to Cyprus. The main products exported from Japan to Cyprus were Cars ($245M), Passenger and Cargo Ships ($59.5M), and Motor vehicles; parts and accessories (8701 to 8705) ($2.67M). During the last 5 years the exports of Japan to Cyprus have increased at an annualized rate of 16.5%, from $152M in 2018 to $327M in 2023.

In 2018, Cyprus exported $2.03M to Japan. The main products exported from Cyprus to Japan were Other Plastic Products ($418k), Fruit Juice ($381k), and Flavored Water ($189k). During the last 5 years the exports of Cyprus to Japan have increased at an annualized rate of 7.88%, from $1.02M in 2023 to $2.03M in 2018.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Japan than Cyprus included United States ($143B), China ($138B), and Chinese Taipei ($43B).

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

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

Comparative Advantage Japan - Cyprus

Flow
Scale

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

During 2023, Japan had a large net trade with Cyprus in the exports of Transportation ($311M), Machines ($5.47M), and Plastics and Rubbers ($3.73M).

During 2018, Cyprus had a large net trade with Japan in the exports of Foodstuffs ($740k), Plastics and Rubbers ($436k), and Chemical Products ($192k).

Bilateral Service Trade

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Japan (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

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