Australia (AUS) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

About

Australia-Cyprus In 2022, Australia exported $5.84M to Cyprus. The main products that Australia exported to Cyprus are Cars ($1.27M), Broadcasting Equipment ($626k), and Microphones and Headphones ($441k). During the last 27 years the exports of Australia to Cyprus have decreased at an annualized rate of 1.04%, from $7.74M in 1995 to $5.84M in 2022.

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

Cyprus-Australia In N/A, Cyprus did not export any products to Australia.

In 2020, Cyprus exported services to Australia worth $42.3M, with Financial services ($42.3M) being the largest in terms of value.

Comparison In 2022, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Australia exported $5.84M to Cyprus. The main products exported from Australia to Cyprus were Cars ($1.27M), Broadcasting Equipment ($626k), and Microphones and Headphones ($441k). During the last 27 years the exports of Australia to Cyprus have decreased at an annualized rate of 1.04%, from $7.74M in 1995 to $5.84M in 2022.

Cyprus does not register exports to Australia. The main products exported from Cyprus to Australia were Cheese ($14.1M), Packaged Medicaments ($2.8M), and Beer ($1.95M).

Exports from Australia () to Cyprus () (2022)

Exports from Cyprus () to Australia () (2022)

Latest Data

Trade between Australia () and Cyprus ()

Australia Exports

Date

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Australia
Top DestinationChina$123B

Cyprus
Top DestinationHong Kong$482M

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

In 2021, countries that imported more from Australia than Cyprus were China ($123B), Japan ($80.1B), and South Korea ($41B).

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

Difference in imports from Cyprus () and Australia () (2022)

Comparative Advantage Australia - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Australia had a large net trade with Cyprus in the exports of Machines ($2.04M), Transportation ($1.6M), and Footwear and Headwear ($506k).

Service Trade

Bilateral Service Trade

Cyp Year

In 2020, Cyprus exported services to Australia worth $42.3M, with Financial services ($42.3M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to Australia () (2020)

Economic Complexity

Competitive Landscape

Year

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 Australia has comparative advantage over Cyprus. Similarly, the more yellow a dot/product is, the more Cyprus has comparative advantage over Australia.

About

Historical Data

Bilateral Trade by Products

Exports from Australia () to Cyprus () (2022)

Exports from Cyprus () to Australia () (2022)

Latest Data

Trade between Australia () and Cyprus ()

Australia Exports

Cyprus Exports

Market Competitiveness

Difference in imports from Cyprus () and Australia () (2022)

Comparative Advantage Australia - Cyprus

Service Trade

Bilateral Service Trade

Services Exports from Cyprus () to Australia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Australia () and Cyprus () (2022)

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