Mexico (MEX) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Mexico-Cyprus In 2022, Mexico exported $6.37M to Cyprus. The main products that Mexico exported to Cyprus are Beer ($1.29M), Orthopedic Appliances ($960k), and Industrial Fatty Acids, Oils and Alcohols ($915k). During the last 27 years the exports of Mexico to Cyprus have decreased at an annualized rate of 2.1%, from $11.3M in 1995 to $6.37M in 2022.

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

Cyprus-Mexico In 2022, Cyprus exported $11.9M to Mexico. The main products that Cyprus exported to Mexico were Packaged Medicaments ($10.5M), Video Displays ($457k), and Plastic Pipes ($375k). During the last 27 years the exports of Cyprus to Mexico have increased at an annualized rate of 15.3%, from $253k in 1995 to $11.9M in 2022.

In 2019, Cyprus exported services to Mexico worth $1.12M, with Financial services ($1.12M) being the largest in terms of value.

Comparison In 2022, Mexico ranked 25 in the Economic Complexity Index (ECI 1.08), and 10 in total exports ($549B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Mexico exported $6.37M to Cyprus. The main products exported from Mexico to Cyprus were Beer ($1.29M), Orthopedic Appliances ($960k), and Industrial Fatty Acids, Oils and Alcohols ($915k). During the last 27 years the exports of Mexico to Cyprus have decreased at an annualized rate of 2.1%, from $11.3M in 1995 to $6.37M in 2022.

In 2022, Cyprus exported $11.9M to Mexico. The main products exported from Cyprus to Mexico were Packaged Medicaments ($10.5M), Video Displays ($457k), and Plastic Pipes ($375k). During the last 27 years the exports of Cyprus to Mexico have increased at an annualized rate of 15.3%, from $253k in 1995 to $11.9M in 2022.

Exports from Mexico () to Cyprus () (2022)

Exports from Cyprus () to Mexico () (2022)

Latest Data

Trade between Mexico () and Cyprus ()

Mexico Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mexico
Top DestinationUnited States$421B

Cyprus
Top DestinationHong Kong$482M

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

In 2021, countries that imported more from Mexico than Cyprus were United States ($421B), Canada ($22.2B), and China ($12.7B).

In 2021, countries that imported more from Cyprus than Mexico were Greece ($471M), Liberia ($255M), and Lebanon ($329M).

Difference in imports from Cyprus () and Mexico () (2022)

Comparative Advantage Mexico - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Mexico had a large net trade with Cyprus in the exports of Foodstuffs ($1.94M), Machines ($1.64M), and Instruments ($1.16M).

During 2022, Cyprus had a large net trade with Mexico in the exports of Chemical Products ($10.5M), Machines ($651k), and Plastics and Rubbers ($375k).

Service Trade

Bilateral Service Trade

Cyp Year

In 2019, Cyprus exported services to Mexico worth $1.12M, with Financial services ($1.12M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Mexico has comparative advantage over Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over Mexico.

About

Historical Data

Bilateral Trade by Products

Exports from Mexico () to Cyprus () (2022)

Exports from Cyprus () to Mexico () (2022)

Latest Data

Trade between Mexico () and Cyprus ()

Mexico Exports

Cyprus Exports

Market Competitiveness

Difference in imports from Cyprus () and Mexico () (2022)

Comparative Advantage Mexico - Cyprus

Service Trade

Bilateral Service Trade

Services Exports from Cyprus () to Mexico () (2019)

Economic Complexity

Competitive Landscape

Product Space of Mexico () and Cyprus () (2022)

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