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
$404BCURRENT US$
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2012-2022
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GDP GROWTH
54.4%CURRENT US$
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2022
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GDP PC 
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186
2022
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GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Cyprus-Philippines In 2022, Cyprus exported $2.38M to Philippines. The main products that Cyprus exported to Philippines are Packaged Medicaments ($1.11M), Fruit Juice ($555k), and Flavored Water ($329k). During the last 27 years the exports of Cyprus to Philippines have increased at an annualized rate of 9.26%, from $218k in 1995 to $2.38M in 2022.

In 2015, Cyprus exported services to Philippines worth $1.11M, with Financial services ($1.11M) being the largest in terms of value.

Philippines-Cyprus In 2022, Philippines exported $4.34M to Cyprus. The main products that Philippines exported to Cyprus were Processed Fish ($1.3M), Other Furniture ($359k), and Metal Mountings ($238k). During the last 27 years the exports of Philippines to Cyprus have increased at an annualized rate of 0.67%, from $3.62M in 1995 to $4.34M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $2.38M to Philippines. The main products exported from Cyprus to Philippines were Packaged Medicaments ($1.11M), Fruit Juice ($555k), and Flavored Water ($329k). During the last 27 years the exports of Cyprus to Philippines have increased at an annualized rate of 9.26%, from $218k in 1995 to $2.38M in 2022.

In 2022, Philippines exported $4.34M to Cyprus. The main products exported from Philippines to Cyprus were Processed Fish ($1.3M), Other Furniture ($359k), and Metal Mountings ($238k). During the last 27 years the exports of Philippines to Cyprus have increased at an annualized rate of 0.67%, from $3.62M in 1995 to $4.34M in 2022.

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

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

Latest Data

Trade between Cyprus (Flag) and Philippines (Flag)

Cyprus Exports

Philippines Exports

Market Competitiveness

Color
Cyprus
Top Destination
Hong Kong$482M
Philippines
Top Destination
United States$15.5B

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

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

In 2021, countries that imported more from Philippines than Cyprus were United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Cyprus - Philippines

Flow
Scale

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

During 2022, Cyprus had a large net trade with Philippines in the exports of Chemical Products ($1.13M), Foodstuffs ($921k), and Machines ($299k).

During 2022, Philippines had a large net trade with Cyprus in the exports of Foodstuffs ($2.08M), Miscellaneous ($616k), and Machines ($558k).

Service Trade

Bilateral Service Trade

In 2015, Cyprus exported services to Philippines worth $1.11M, with Financial services ($1.11M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Cyprus (Flag) to Philippines (Flag) (2015)

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

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

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