2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Chinese Taipei-Cyprus Trade: In 2022, Chinese Taipei exported $42.8M to Cyprus. The main products that Chinese Taipei exported to Cyprus were Ethers ($11M), Flavored Water ($4.72M), and Coffee and Tea Extracts ($4.14M). Over the past 5 years the exports of Chinese Taipei to Cyprus have increased at an annualized rate of 11%, from $25.5M in 2017 to $42.8M in 2022.

In 2022, Chinese Taipei did not export any services to Cyprus.

Cyprus-Chinese Taipei Trade: In 2022, Cyprus exported $7.01M to Chinese Taipei. The main products that Cyprus exported to Chinese Taipei were Video Displays ($1.56M), Packaged Medicaments ($1.53M), and Unpackaged Medicaments ($677k). Over the past 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 1.93%,  from $6.37M in 2017 to $7.01M in 2022.

In 2022, Cyprus did not export any services to Chinese Taipei.

Comparison In 2022,  Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94),  and 11 in total exports ($542B). 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, Chinese Taipei exported $42.8M to Cyprus. The main products exported from Chinese Taipei to Cyprus were Ethers ($11M), Flavored Water ($4.72M), and Coffee and Tea Extracts ($4.14M). During the last 5 years the exports of Chinese Taipei to Cyprus have increased at an annualized rate of 11%, from $25.5M in 2017 to $42.8M in 2022.

In 2017, Cyprus exported $7.01M to Chinese Taipei. The main products exported from Cyprus to Chinese Taipei were Video Displays ($1.56M), Packaged Medicaments ($1.53M), and Unpackaged Medicaments ($677k). During the last 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 1.93%, from $6.37M in 2022 to $7.01M in 2017.

Exports from Chinese Taipei (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Chinese Taipei (Flag) (2022)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$121B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Chinese Taipei than Cyprus included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

In 2022, countries that imported more from Cyprus than Chinese Taipei included Greece ($471M), Lebanon ($329M), and Liberia ($255M).

Difference in imports from Cyprus (Flag) and Chinese Taipei (Flag) (2022)

Comparative Advantage Chinese Taipei - Cyprus

Flow
Scale

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

During 2022, Chinese Taipei had a large net trade with Cyprus in the exports of Chemical Products ($13.6M), Foodstuffs ($9.22M), and Machines ($6.1M).

During 2017, Cyprus had a large net trade with Chinese Taipei in the exports of Chemical Products ($2.46M), Machines ($1.86M), and Animal Products ($1.44M).

Economic Complexity

Competitive Landscape

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

Product Space of Chinese Taipei (Flag) and Cyprus (Flag) (2022)

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