2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 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

Vietnam-Cyprus Trade: In 2022, Vietnam exported $61.2M to Cyprus. The main products that Vietnam exported to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). Over the past 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 5.36%, from $47.2M in 2017 to $61.2M in 2022.

In 2022, Vietnam did not export any services to Cyprus.

Cyprus-Vietnam Trade: In 2022, Cyprus exported $37.9M to Vietnam. The main products that Cyprus exported to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). Over the past 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 1.13%,  from $45M in 2017 to $37.9M in 2022.

In 2022, Cyprus did not export any services to Vietnam.

Comparison In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2),  and 19 in total exports ($399B). 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, Vietnam exported $61.2M to Cyprus. The main products exported from Vietnam to Cyprus were Packaged Medicaments ($31.4M), Antibiotics ($6.93M), and Processed Fish ($3.9M). During the last 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 5.36%, from $47.2M in 2017 to $61.2M in 2022.

In 2017, Cyprus exported $37.9M to Vietnam. The main products exported from Cyprus to Vietnam were Packaged Medicaments ($35.9M), Liquid Dispersing Machines ($605k), and Recovered Paper ($298k). During the last 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 1.13%, from $45M in 2022 to $37.9M in 2017.

Exports from Vietnam (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Vietnam than Cyprus included United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2022, countries that imported more from Cyprus than Vietnam included Lebanon ($329M), Liberia ($255M), and Marshall Islands ($173M).

Difference in imports from Cyprus (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Cyprus

Flow
Scale

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

During 2022, Vietnam had a large net trade with Cyprus in the exports of Chemical Products ($38.4M), Foodstuffs ($5.96M), and Plastics and Rubbers ($4.7M).

During 2017, Cyprus had a large net trade with Vietnam in the exports of Chemical Products ($36.3M), Machines ($762k), and Paper Goods ($308k).

Economic Complexity

Competitive Landscape

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

Product Space of Vietnam (Flag) and Cyprus (Flag) (2022)

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