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2023
Flag → Flag
Exports $4.95MRnk 105 / 171
2023
Flag → Flag
Top Product $3.83MInsulated Wire
2023
Flag → Flag
Exports $10.9MRnk 54 / 196
2023
Flag → Flag
Top Product $6.52MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.32Rnk 76 / 132
2023
Flag  
GDP$109BCURRENT US$
Rnk 66 / 195
2013-2023
Flag
GDP GROWTH21%CURRENT US$
Rnk 138 / 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 $21,550CURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP PC GROWTH-8.13%CURRENT US$
Rnk 164 / 195
2023
Flag
GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Oman-Cyprus Trade: In 2023, Oman exported $4.95M to Cyprus. The main products that Oman exported to Cyprus were Insulated Wire ($3.83M), Building Stone ($371k), and Polyacetals ($270k). Over the past 5 years the exports of Oman to Cyprus have increased at an annualized rate of 71.3%, from $336k in 2018 to $4.95M in 2023.

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

Cyprus-Oman Trade: In 2023, Cyprus exported $10.9M to Oman. The main products that Cyprus exported to Oman were Packaged Medicaments ($6.52M), Tug Boats ($1.1M), and Cheese ($852k). Over the past 5 years the exports of Cyprus to Oman have increased at an annualized rate of 19.1%,  from $3.81M in 2018 to $10.9M in 2023.

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

Comparison In 2023,  Oman ranked 76 in the Economic Complexity Index (ECI -0.32),  and 48 in total exports ($70.5B). 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, Oman exported $4.95M to Cyprus. The main products exported from Oman to Cyprus were Insulated Wire ($3.83M), Building Stone ($371k), and Polyacetals ($270k). During the last 5 years the exports of Oman to Cyprus have increased at an annualized rate of 71.3%, from $336k in 2018 to $4.95M in 2023.

In 2018, Cyprus exported $10.9M to Oman. The main products exported from Cyprus to Oman were Packaged Medicaments ($6.52M), Tug Boats ($1.1M), and Cheese ($852k). During the last 5 years the exports of Cyprus to Oman have increased at an annualized rate of 19.1%, from $3.81M in 2023 to $10.9M in 2018.

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

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

Latest Data

Trade between Oman (Flag) and Cyprus (Flag)

Oman Exports

Cyprus Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.2B
Cyprus
Top DestinationLibya$775M

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 2023, countries that imported more from Oman than Cyprus included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

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

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

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 2023, Oman had a large net trade with Cyprus in the exports of Machines ($3.83M), Stone And Glass ($371k), and Plastics and Rubbers ($272k).

During 2018, Cyprus had a large net trade with Oman in the exports of Chemical Products ($6.74M), Foodstuffs ($1.14M), and Transportation ($1.1M).

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) (2023)

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