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2022
Flag → Flag
Exports $1.55MRnk 123 / 171
2022
Flag → Flag
Top Product $872kInsulated Wire
2022
Flag → Flag
Exports $7.73MRnk 66 / 194
2022
Flag → Flag
Top Product $3.97MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Oman-Cyprus Trade: In 2022, Oman exported $1.55M to Cyprus. The main products that Oman exported to Cyprus were Insulated Wire ($872k), Other Steel Bars ($400k), and Building Stone ($113k). Over the past 5 years the exports of Oman to Cyprus have decreased at an annualized rate of 6.37%, from $2.15M in 2017 to $1.55M in 2022.

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

Cyprus-Oman Trade: In 2022, Cyprus exported $7.73M to Oman. The main products that Cyprus exported to Oman were Packaged Medicaments ($3.97M), Cheese ($1.12M), and Sheep and Goat Meat ($489k). Over the past 5 years the exports of Cyprus to Oman have increased at an annualized rate of 10.1%,  from $4.78M in 2017 to $7.73M in 2022.

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

Comparison In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19),  and 50 in total exports ($76.4B). 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, Oman exported $1.55M to Cyprus. The main products exported from Oman to Cyprus were Insulated Wire ($872k), Other Steel Bars ($400k), and Building Stone ($113k). During the last 5 years the exports of Oman to Cyprus have decreased at an annualized rate of 6.37%, from $2.15M in 2017 to $1.55M in 2022.

In 2017, Cyprus exported $7.73M to Oman. The main products exported from Cyprus to Oman were Packaged Medicaments ($3.97M), Cheese ($1.12M), and Sheep and Goat Meat ($489k). During the last 5 years the exports of Cyprus to Oman have increased at an annualized rate of 10.1%, from $4.78M in 2022 to $7.73M in 2017.

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

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

Latest Data

Trade between Oman (Flag) and Cyprus (Flag)

Oman Exports

Cyprus Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Oman than Cyprus included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Cyprus than Oman included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

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

Comparative Advantage Oman - Cyprus

Flow
Scale

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

During 2022, Oman had a large net trade with Cyprus in the exports of Machines ($900k), Metals ($408k), and Stone And Glass ($188k).

During 2017, Cyprus had a large net trade with Oman in the exports of Chemical Products ($4.48M), Animal Products ($1.61M), and Foodstuffs ($606k).

Economic Complexity

Competitive Landscape

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

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

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