2023
Flag  
GDP
$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH
28.9%CURRENT US$
Rnk 117 / 195
2023
Flag
 GDP
$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH
41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC 
$3,372CURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP PC GROWTH
1.72%CURRENT US$
Rnk 151 / 195
2023
Flag
GDP PC
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Palestine-Cyprus Trade: In 2023, Palestine exported $30.3k to Cyprus. The main products that Palestine exported to Cyprus were Other Processed Fruits and Nuts ($30.3k), Other Plastic Products ($5), and Party Decorations ($1). Over the past 5 years the exports of Palestine to Cyprus have increased at an annualized rate of 10.4%, from $18.5k in 2018 to $30.3k in 2023.

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

Cyprus-Palestine Trade: In 2023, Cyprus exported $41.2k to Palestine. The main products that Cyprus exported to Palestine were Packaged Medicaments ($41.2k). Over the past 5 years the exports of Cyprus to Palestine have decreased at an annualized rate of 49.5%,  from $1.26M in 2018 to $41.2k in 2023.

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

Comparison In 2023,  Palestine ranked 189 in total exports ($189M). 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, Palestine exported $30.3k to Cyprus. The main products exported from Palestine to Cyprus were Other Processed Fruits and Nuts ($30.3k), Other Plastic Products ($5), and Party Decorations ($1). During the last 5 years the exports of Palestine to Cyprus have increased at an annualized rate of 10.4%, from $18.5k in 2018 to $30.3k in 2023.

In 2018, Cyprus exported $41.2k to Palestine. The main products exported from Cyprus to Palestine were Packaged Medicaments ($41.2k). During the last 5 years the exports of Cyprus to Palestine have decreased at an annualized rate of 49.5%, from $1.26M in 2023 to $41.2k in 2018.

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

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

Latest Data

Trade between Palestine (Flag) and Cyprus (Flag)

Palestine Exports

Cyprus Exports

Market Competitiveness

Color
Palestine
Top Destination
Jordan$96.6M
Cyprus
Top Destination
Libya$775M

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

In 2023, countries that imported more from Palestine than Cyprus included Jordan ($96.6M) and Bolivia ($52.9k).

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

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

Comparative Advantage Palestine - Cyprus

Flow
Scale

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

During 2023, Palestine had a large net trade with Cyprus in the exports of Foodstuffs ($30.3k), Plastics and Rubbers ($5), and Miscellaneous ($1).

During 2018, Cyprus had a large net trade with Palestine in the exports of Chemical Products ($41.2k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with