2022
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GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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 GDP
$28.4BCURRENT US$
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2012-2022
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GDP GROWTH
13.5%CURRENT US$
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2022
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GDP PC 
$6,776CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
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2022
Flag
GDP PC
$31,284CURRENT US$
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2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
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About

South Africa-Cyprus Trade: In 2022, South Africa exported $9.84M to Cyprus. The main products that South Africa exported to Cyprus were Refined Petroleum ($2.27M), Other Plastic Products ($1.23M), and Delivery Trucks ($909k). Over the past 5 years the exports of South Africa to Cyprus have decreased at an annualized rate of 0.72%, from $10.2M in 2017 to $9.84M in 2022.

In 2022, South Africa did not export any services to Cyprus.

Cyprus-South Africa Trade: In 2022, Cyprus exported $5.74M to South Africa. The main products that Cyprus exported to South Africa were Packaged Medicaments ($1.29M), Other Processed Fruits and Nuts ($941k), and Navigation Equipment ($816k). Over the past 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 4.37%,  from $8.21M in 2017 to $5.74M in 2022.

In 2020, Cyprus exported services to South Africa worth $33.1M, with Financial services ($21.7M), Transportation ($10.3M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076),  and 34 in total exports ($147B). 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, South Africa exported $9.84M to Cyprus. The main products exported from South Africa to Cyprus were Refined Petroleum ($2.27M), Other Plastic Products ($1.23M), and Delivery Trucks ($909k). During the last 5 years the exports of South Africa to Cyprus have decreased at an annualized rate of 0.72%, from $10.2M in 2017 to $9.84M in 2022.

In 2017, Cyprus exported $5.74M to South Africa. The main products exported from Cyprus to South Africa were Packaged Medicaments ($1.29M), Other Processed Fruits and Nuts ($941k), and Navigation Equipment ($816k). During the last 5 years the exports of Cyprus to South Africa have decreased at an annualized rate of 4.37%, from $8.21M in 2022 to $5.74M in 2017.

Exports from South Africa (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top Destination
China$23.4B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from South Africa than Cyprus included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

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

Difference in imports from Cyprus (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Cyprus

Flow
Scale

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

During 2022, South Africa had a large net trade with Cyprus in the exports of Mineral Products ($2.28M), Plastics and Rubbers ($1.99M), and Transportation ($1.18M).

During 2017, Cyprus had a large net trade with South Africa in the exports of Chemical Products ($1.85M), Machines ($1.8M), and Foodstuffs ($1.07M).

Bilateral Service Trade

In 2020, Cyprus exported services to South Africa worth $33.1M, with Financial services ($21.7M), Transportation ($10.3M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to South Africa (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

Product Space of South Africa (Flag) and Cyprus (Flag) (2022)

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