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2023
Flag → Flag
Exports $56.4MRnk 97 / 142
2023
Flag → Flag
Top Product $34.5MPackaged Medicaments
2023
Flag → Flag
Exports $35.2MRnk 30 / 196
2023
Flag → Flag
Top Product $24.7MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI 0.067Rnk 60 / 132
2023
Flag  
GDP$430BCURRENT US$
Rnk 34 / 195
2013-2023
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 195
2023
Flag
 GDP$33.9BCURRENT US$
Rnk 106 / 195
2013-2023
Flag
GDP GROWTH41.4%CURRENT US$
Rnk 91 / 195
2023
Flag
GDP PC $4,282CURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP PC GROWTH81.5%CURRENT US$
Rnk 15 / 195
2023
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GDP PC$36,551CURRENT US$
Rnk 35 / 196
2013-2023
Flag
GDP PC GROWTH31.5%CURRENT US$
Rnk 76 / 195

About

Vietnam-Cyprus Trade: In 2023, Vietnam exported $56.4M to Cyprus. The main products that Vietnam exported to Cyprus were Packaged Medicaments ($34.5M), Plastic Lids ($3.05M), and Rubber Tires ($2.36M). Over the past 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 0.57%, from $54.8M in 2018 to $56.4M in 2023.

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

Cyprus-Vietnam Trade: In 2023, Cyprus exported $35.2M to Vietnam. The main products that Cyprus exported to Vietnam were Packaged Medicaments ($24.7M), Passenger and Cargo Ships ($7.85M), and Liquid Dispersing Machines ($497k). Over the past 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 6.24%,  from $48.6M in 2018 to $35.2M in 2023.

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

Comparison In 2023,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067),  and 15 in total exports ($424B). 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, Vietnam exported $56.4M to Cyprus. The main products exported from Vietnam to Cyprus were Packaged Medicaments ($34.5M), Plastic Lids ($3.05M), and Rubber Tires ($2.36M). During the last 5 years the exports of Vietnam to Cyprus have increased at an annualized rate of 0.57%, from $54.8M in 2018 to $56.4M in 2023.

In 2018, Cyprus exported $35.2M to Vietnam. The main products exported from Cyprus to Vietnam were Packaged Medicaments ($24.7M), Passenger and Cargo Ships ($7.85M), and Liquid Dispersing Machines ($497k). During the last 5 years the exports of Cyprus to Vietnam have decreased at an annualized rate of 6.24%, from $48.6M in 2023 to $35.2M in 2018.

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

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

Latest Data

Trade between Vietnam (Flag) and Cyprus (Flag)

Cyprus Exports

Market Competitiveness

Color
Vietnam
Top DestinationUnited States$118B
Cyprus
Top DestinationLibya$775M

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 2023, countries that imported more from Vietnam than Cyprus included United States ($118B), China ($85.7B), and Japan ($25.1B).

In 2023, countries that imported more from Cyprus than Vietnam included Libya ($775M), Bermuda ($403M), and Lebanon ($438M).

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

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 2023, Vietnam had a large net trade with Cyprus in the exports of Chemical Products ($34.5M), Plastics and Rubbers ($6.1M), and Foodstuffs ($4.26M).

During 2018, Cyprus had a large net trade with Vietnam in the exports of Chemical Products ($25.4M), Transportation ($7.85M), and Foodstuffs ($535k).

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) (2023)

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