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2022
Flag → Flag
Exports $121MRnk 154 / 219
2022
Flag → Flag
Top Product $14.7MOther Sea Vessels
2022
Flag → Flag
Exports $90.9MRnk 15 / 194
2022
Flag → Flag
Top Product $54.1MElectrical Resistors
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
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GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

United States-Cyprus Trade: In 2022, United States exported $121M to Cyprus. The main products that United States exported to Cyprus were Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). Over the past 5 years the exports of United States to Cyprus have increased at an annualized rate of 4.27%, from $98.6M in 2017 to $121M in 2022.

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) being the largest in terms of value.

Cyprus-United States Trade: In 2022, Cyprus exported $90.9M to United States. The main products that Cyprus exported to United States were Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). Over the past 5 years the exports of Cyprus to United States have increased at an annualized rate of 10.1%,  from $56.3M in 2017 to $90.9M in 2022.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Samsung (124), Kubota (122), and YAMAHA CORPORATION OF AMERICA (107) were at the forefront of exporting goods from Cyprus to the United States. Conversely, Kubota Corporation (122), Samsung Electronics Digital Applian (116), and Yamaha Motor Co. Ltd. (104) were notable for importing products to Cyprus from the United States.

Latest Trends

August, 2024

About

Overview In August 2024, United States exported $7.56M and imported $3.29M from Cyprus, resulting in a positive trade balance of $4.26M. Between August 2023 and August 2024 the exports of United States have decreased by $-3.66M (-32.6%) from $11.2M to $7.56M, while imports decreased by $-7.39M (-69.2%) from $10.7M to $3.29M.

Trade In August 2024, the top exports of United States to Cyprus were Machinery Having Individual Functions ($2.78M), Telephones ($2.47M), Excavation Machinery ($2.41M), Gas Turbines ($2.29M), and Prefabricated Buildings ($1.24M). In August 2024 the top imports of United States from Cyprus were Commodities not elsewhere specified ($1.59M), Leather Footwear ($1.18M), Electrical Resistors ($250k), Baked Goods ($196k), and Cheese ($164k).

Origins In August 2024 the exports of United States were mainly from Georgia ($1.12M), California ($1.04M), Ohio ($765k), New York ($474k), and Texas ($370k), while imports destinations were mainly Texas ($1.08M), New Jersey ($707k), New York ($416k), Idaho ($406k), and California ($260k).

Growth In August 2024, the decrease in United States's year-by-year exports to Cyprus was explained primarily by an decrease in product exports in Prefabricated Buildings ($-595k or -32.4%), Other Nuts ($-571k or -96.8%), and Chemical Analysis Instruments ($-237k or -87.8%). In August 2024, the decrease in United States's year-by-year imports  from Cyprus was explained primarily by an decrease in product imports  in Commodities not elsewhere specified ($-3.06M or -65.7%), Salt ($-2.95M or -98.4%), and Electrical Resistors ($-716k or -74.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)$-3.66M(-32.6%)
IMPORT GROWTH (August 2023 - August 2024)$-7.39M(-69.2%)
MAIN EXPORTER (August 2024)Georgia$1.12M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Cyprus and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $121M to Cyprus. The main products exported from United States to Cyprus were Other Sea Vessels ($14.7M), Cars ($8.03M), and Sculptures ($7.52M). During the last 5 years the exports of United States to Cyprus have increased at an annualized rate of 4.27%, from $98.6M in 2017 to $121M in 2022.

In 2017, Cyprus exported $90.9M to United States. The main products exported from Cyprus to United States were Electrical Resistors ($54.1M), Cheese ($8.32M), and Salt ($3.92M). During the last 5 years the exports of Cyprus to United States have increased at an annualized rate of 10.1%, from $56.3M in 2022 to $90.9M in 2017.

Exports from United States (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from United States than Cyprus included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Cyprus than United States included Seychelles ($70.8M), Liberia ($255M), and Syria ($1.91M).

Difference in imports from Cyprus (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Cyprus

Flow
Scale

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

During 2022, United States had a large net trade with Cyprus in the exports of Machines ($31.3M), Transportation ($29M), and Instruments ($10M).

During 2017, Cyprus had a large net trade with United States in the exports of Machines ($58.5M), Animal Products ($9.5M), and Foodstuffs ($5.23M).

Bilateral Service Trade

In 2017, United States exported services to Cyprus worth $322M, with Financial services ($80M), Transportation ($71M), and Travel ($48M) being the largest in terms of value.

In 2020, Cyprus exported services to United States worth $296M, with Transportation ($252M), Financial services ($33.1M), and Government services, n.i.e. ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to Cyprus (Flag) (2017)

Services Exports from Cyprus (Flag) to United States (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Cyprus (Flag) (2022)

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