2022
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GDP
$360BCURRENT US$
Rnk 42 / 186
2012-2022
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GDP GROWTH
37%CURRENT US$
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2022
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 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
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GDP PC 
$48,984CURRENT US$
Rnk 20 / 186
2012-2022
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GDP PC GROWTH
33.4%CURRENT US$
Rnk 58 / 186
2022
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GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
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GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Hong Kong-Cyprus In 2022, Hong Kong exported $32.1M to Cyprus. The main products that Hong Kong exported to Cyprus are Broadcasting Equipment ($11.4M), Computers ($2.56M), and Light Fixtures ($1.52M). During the last 27 years the exports of Hong Kong to Cyprus have decreased at an annualized rate of 0.1%, from $33M in 1995 to $32.1M in 2022.

In 2022, Hong Kong did not export any services to Cyprus.

Cyprus-Hong Kong In 2022, Cyprus exported $482M to Hong Kong. The main products that Cyprus exported to Hong Kong were Passenger and Cargo Ships ($454M), Integrated Circuits ($7.9M), and Packaged Medicaments ($3.87M). During the last 27 years the exports of Cyprus to Hong Kong have increased at an annualized rate of 14.4%, from $12.9M in 1995 to $482M in 2022.

In 2020, Cyprus exported services to Hong Kong worth $33.1M, with Financial services ($25.1M), Travel ($6.85M), and Transportation ($1.14M) being the largest in terms of value.

Comparison In 2022,  Hong Kong ranked 26 in the Economic Complexity Index (ECI 0.99),  and 39 in total exports ($113B). 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, Hong Kong exported $32.1M to Cyprus. The main products exported from Hong Kong to Cyprus were Broadcasting Equipment ($11.4M), Computers ($2.56M), and Light Fixtures ($1.52M). During the last 27 years the exports of Hong Kong to Cyprus have decreased at an annualized rate of 0.1%, from $33M in 1995 to $32.1M in 2022.

In 2022, Cyprus exported $482M to Hong Kong. The main products exported from Cyprus to Hong Kong were Passenger and Cargo Ships ($454M), Integrated Circuits ($7.9M), and Packaged Medicaments ($3.87M). During the last 27 years the exports of Cyprus to Hong Kong have increased at an annualized rate of 14.4%, from $12.9M in 1995 to $482M in 2022.

Exports from Hong Kong (Flag) to Cyprus (Flag) (2022)

Exports from Cyprus (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Cyprus (Flag)

Hong Kong Exports

Cyprus Exports

Market Competitiveness

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

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

In 2021, countries that imported more from Hong Kong than Cyprus were China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2021, countries that imported more from Cyprus than Hong Kong were Greece ($471M), Lebanon ($329M), and Liberia ($255M).

Difference in imports from Cyprus (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Cyprus

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Cyprus in the exports of Machines ($20.8M), Miscellaneous ($3.56M), and Metals ($1.82M).

During 2022, Cyprus had a large net trade with Hong Kong in the exports of Transportation ($456M), Machines ($11.1M), and Chemical Products ($7.43M).

Service Trade

Bilateral Service Trade

In 2020, Cyprus exported services to Hong Kong worth $33.1M, with Financial services ($25.1M), Travel ($6.85M), and Transportation ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Hong Kong (Flag) (2020)

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Hong Kong has comparative advantage over Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over Hong Kong.

Product Space of Hong Kong (Flag) and Cyprus (Flag) (2022)

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