Cyprus (CYP) and China (CHN) Trade | The Observatory of Economic Complexity

About

Cyprus-China In 2022, Cyprus exported $32.9M to China. The main products that Cyprus exported to China are Fruit Juice ($9.17M), Nickel Mattes ($4.82M), and Packaged Medicaments ($3.33M). During the last 27 years the exports of Cyprus to China have increased at an annualized rate of 8.96%, from $3.25M in 1995 to $32.9M in 2022.

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

China-Cyprus In 2022, China exported $1.36B to Cyprus. The main products that China exported to Cyprus were Passenger and Cargo Ships ($633M), Refined Petroleum ($46.1M), and Air Conditioners ($29.1M). During the last 27 years the exports of China to Cyprus have increased at an annualized rate of 11.4%, from $74.3M in 1995 to $1.36B in 2022.

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

Comparison In 2022, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $32.9M to China. The main products exported from Cyprus to China were Fruit Juice ($9.17M), Nickel Mattes ($4.82M), and Packaged Medicaments ($3.33M). During the last 27 years the exports of Cyprus to China have increased at an annualized rate of 8.96%, from $3.25M in 1995 to $32.9M in 2022.

In 2022, China exported $1.36B to Cyprus. The main products exported from China to Cyprus were Passenger and Cargo Ships ($633M), Refined Petroleum ($46.1M), and Air Conditioners ($29.1M). During the last 27 years the exports of China to Cyprus have increased at an annualized rate of 11.4%, from $74.3M in 1995 to $1.36B in 2022.

Exports from Cyprus () to China () (2022)

Exports from China () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and China ()

Cyprus Exports

Date

China Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

China
Top DestinationUnited States$551B

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

In 2021, countries that imported more from Cyprus than China were Gibraltar ($34.2M), Saint Martin ($236k), and American Samoa ($7.64k).

In 2021, countries that imported more from China than Cyprus were United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Cyprus - China

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with China in the exports of Foodstuffs ($11.6M), Chemical Products ($5.66M), and Metals ($5.17M).

During 2022, China had a large net trade with Cyprus in the exports of Transportation ($692M), Machines ($228M), and Chemical Products ($84.7M).

Service Trade

Bilateral Service Trade

Cyp Year

In 2020, Cyprus exported services to China worth $29.7M, with Travel ($11.4M), Royalties and license fees ($9.14M), and Transportation ($5.71M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus () to China () (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 Cyprus has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Cyprus.

About

Historical Data

Bilateral Trade by Products

Exports from Cyprus () to China () (2022)

Exports from China () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and China ()

Cyprus Exports

China Exports

Market Competitiveness

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

Comparative Advantage Cyprus - China

Service Trade

Bilateral Service Trade

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

Economic Complexity

Competitive Landscape

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

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