2022
Flag  
GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP GROWTH
-32.5%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
Rnk 178 / 186

About

Cyprus-Japan In 2022, Cyprus exported $1.72M to Japan. The main products that Cyprus exported to Japan are Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). During the last 27 years the exports of Cyprus to Japan have decreased at an annualized rate of 3.13%, from $4.07M in 1995 to $1.72M in 2022.

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Japan-Cyprus In 2022, Japan exported $214M to Cyprus. The main products that Japan exported to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). During the last 27 years the exports of Japan to Cyprus have decreased at an annualized rate of 1.3%, from $304M in 1995 to $214M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $1.72M to Japan. The main products exported from Cyprus to Japan were Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). During the last 27 years the exports of Cyprus to Japan have decreased at an annualized rate of 3.13%, from $4.07M in 1995 to $1.72M in 2022.

In 2022, Japan exported $214M to Cyprus. The main products exported from Japan to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). During the last 27 years the exports of Japan to Cyprus have decreased at an annualized rate of 1.3%, from $304M in 1995 to $214M in 2022.

Exports from Cyprus (Flag) to Japan (Flag) (2022)

Exports from Japan (Flag) to Cyprus (Flag) (2022)

Latest Data

Trade between Cyprus (Flag) and Japan (Flag)

Cyprus Exports

Japan Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Japan
Top Destination
United States$137B

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

In 2021, countries that imported more from Cyprus than Japan were Greece ($471M), Libya ($133M), and Lebanon ($329M).

In 2021, countries that imported more from Japan than Cyprus were United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan (Flag) and Cyprus (Flag) (2022)

Comparative Advantage Cyprus - Japan

Flow
Scale

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

During 2022, Cyprus had a large net trade with Japan in the exports of Foodstuffs ($469k), Chemical Products ($369k), and Textiles ($255k).

During 2022, Japan had a large net trade with Cyprus in the exports of Transportation ($200M), Machines ($6.04M), and Plastics and Rubbers ($3.31M).

Service Trade

Bilateral Service Trade

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Service trade data is presented based on availability.

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

Product Space of Cyprus (Flag) and Japan (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with