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
$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH
31.5%CURRENT US$
Rnk 76 / 195

About

Chinese Taipei-Cyprus Trade: In 2023, Chinese Taipei exported $27.2M to Cyprus. The main products that Chinese Taipei exported to Cyprus were Flavored Water ($4.83M), Coffee and Tea Extracts ($3.75M), and Iron Fasteners ($997k). Over the past 5 years the exports of Chinese Taipei to Cyprus have decreased at an annualized rate of 5.06%, from $35.3M in 2018 to $27.2M in 2023.

In 2023, Chinese Taipei did not export any services to Cyprus.

Cyprus-Chinese Taipei Trade: In 2023, Cyprus exported $7.93M to Chinese Taipei. The main products that Cyprus exported to Chinese Taipei were Packaged Medicaments ($3.15M), Fruit Juice ($1.82M), and Dental Products ($634k). Over the past 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 0.96%,  from $6.49M in 2018 to $7.93M in 2023.

In 2023, Cyprus did not export any services to Chinese Taipei.

Comparison In 2023,  Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2),  and 11 in total exports ($509B). 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, Chinese Taipei exported $27.2M to Cyprus. The main products exported from Chinese Taipei to Cyprus were Flavored Water ($4.83M), Coffee and Tea Extracts ($3.75M), and Iron Fasteners ($997k). During the last 5 years the exports of Chinese Taipei to Cyprus have decreased at an annualized rate of 5.06%, from $35.3M in 2018 to $27.2M in 2023.

In 2018, Cyprus exported $7.93M to Chinese Taipei. The main products exported from Cyprus to Chinese Taipei were Packaged Medicaments ($3.15M), Fruit Juice ($1.82M), and Dental Products ($634k). During the last 5 years the exports of Cyprus to Chinese Taipei have increased at an annualized rate of 0.96%, from $6.49M in 2023 to $7.93M in 2018.

Exports from Chinese Taipei (Flag) to Cyprus (Flag) (2023)

Exports from Cyprus (Flag) to Chinese Taipei (Flag) (2023)

Market Competitiveness

Color
Chinese Taipei
Top Destination
China$101B
Cyprus
Top Destination
Libya$775M

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 2023, countries that imported more from Chinese Taipei than Cyprus included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

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

Difference in imports from Cyprus (Flag) and Chinese Taipei (Flag) (2023)

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 2023, Chinese Taipei had a large net trade with Cyprus in the exports of Foodstuffs ($8.81M), Machines ($5.48M), and Metals ($4.18M).

During 2018, Cyprus had a large net trade with Chinese Taipei in the exports of Chemical Products ($3.79M), Foodstuffs ($1.87M), and Animal Products ($1.18M).

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) (2023)

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