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2023
Flag → Flag
Exports $60.1kRnk 65 / 111
2023
Flag → Flag
Top Product $10.4kKnotted Carpets
2023
Flag → Flag
Exports $62.1kRnk 174 / 196
2023
Flag → Flag
Top Product $55.9kPackaged Medicaments
2023
Flag  
GDP$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 26 / 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 $1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH71.5%CURRENT US$
Rnk 24 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Nepal-Cyprus Trade: In 2023, Nepal exported $60.1k to Cyprus. The main products that Nepal exported to Cyprus were Knotted Carpets ($10.4k), Non-Knit Women's Suits ($8.98k), and Knit T-shirts ($6.07k). Over the past 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 10.6%, from $36.3k in 2018 to $60.1k in 2023.

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

Cyprus-Nepal Trade: In 2023, Cyprus exported $62.1k to Nepal. The main products that Cyprus exported to Nepal were Packaged Medicaments ($55.9k), Used Clothing ($5.03k), and Telephones ($1.16k). Over the past 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 21.4%,  from $207k in 2018 to $62.1k in 2023.

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

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B). That same year, Cyprus ranked 126 in total exports ($5.7B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Nepal exported $60.1k to Cyprus. The main products exported from Nepal to Cyprus were Knotted Carpets ($10.4k), Non-Knit Women's Suits ($8.98k), and Knit T-shirts ($6.07k). During the last 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 10.6%, from $36.3k in 2018 to $60.1k in 2023.

In 2018, Cyprus exported $62.1k to Nepal. The main products exported from Cyprus to Nepal were Packaged Medicaments ($55.9k), Used Clothing ($5.03k), and Telephones ($1.16k). During the last 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 21.4%, from $207k in 2023 to $62.1k in 2018.

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

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

Latest Data

Trade between Nepal (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Nepal
Top DestinationIndia$811M
Cyprus
Top DestinationLibya$775M

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

In 2023, countries that imported more from Nepal than Cyprus included India ($811M), Japan ($13M), and Lesotho ($16.2k).

In 2023, countries that imported more from Cyprus than Nepal included Libya ($775M), Greece ($626M), and Lebanon ($438M).

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

Comparative Advantage Nepal - Cyprus

Flow
Scale

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

During 2023, Nepal had a large net trade with Cyprus in the exports of Textiles ($41.8k), Chemical Products ($4.85k), and Precious Metals ($4.01k).

During 2018, Cyprus had a large net trade with Nepal in the exports of Chemical Products ($55.9k), Textiles ($5.03k), and Machines ($1.16k).

Economic Complexity

Competitive Landscape

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

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

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