2022
Flag  
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
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 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
2022
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GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Cyprus-Malaysia In 2022, Cyprus exported $10.5M to Malaysia. The main products that Cyprus exported to Malaysia are Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 27 years the exports of Cyprus to Malaysia have increased at an annualized rate of 5.87%, from $2.24M in 1995 to $10.5M in 2022.

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Malaysia-Cyprus In 2022, Malaysia exported $15.3M to Cyprus. The main products that Malaysia exported to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 27 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 3.69%, from $42.1M in 1995 to $15.3M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $10.5M to Malaysia. The main products exported from Cyprus to Malaysia were Packaged Medicaments ($4.43M), Unpackaged Medicaments ($1.82M), and Polyacetals ($957k). During the last 27 years the exports of Cyprus to Malaysia have increased at an annualized rate of 5.87%, from $2.24M in 1995 to $10.5M in 2022.

In 2022, Malaysia exported $15.3M to Cyprus. The main products exported from Malaysia to Cyprus were Passenger and Cargo Ships ($3.68M), Rubber Apparel ($2.84M), and Other Furniture ($1.24M). During the last 27 years the exports of Malaysia to Cyprus have decreased at an annualized rate of 3.69%, from $42.1M in 1995 to $15.3M in 2022.

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

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

Latest Data

Trade between Cyprus (Flag) and Malaysia (Flag)

Cyprus Exports

Malaysia Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Malaysia
Top Destination
Singapore$53.8B

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

In 2021, countries that imported more from Cyprus than Malaysia were Greece ($471M), Israel ($254M), and Liberia ($255M).

In 2021, countries that imported more from Malaysia than Cyprus were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Cyprus - Malaysia

Flow
Scale

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

During 2022, Cyprus had a large net trade with Malaysia in the exports of Chemical Products ($6.27M), Plastics and Rubbers ($1.38M), and Metals ($974k).

During 2022, Malaysia had a large net trade with Cyprus in the exports of Plastics and Rubbers ($3.81M), Transportation ($3.72M), and Machines ($2.77M).

Service Trade

Bilateral Service Trade

In 2020, Cyprus exported services to Malaysia worth $8M, with Transportation ($6.85M) and Financial services ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

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