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Pricing

2022
Flag → Flag
Exports $11.3MRnk 147 / 215
2022
Flag → Flag
Top Product $1.41MDried Legumes
2022
Flag → Flag
Exports $5.64MRnk 71 / 194
2022
Flag → Flag
Top Product $1.49MPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.92Rnk 31 / 133
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186

About

Canada-Cyprus Trade: In 2022, Canada exported $11.3M to Cyprus. The main products that Canada exported to Cyprus were Dried Legumes ($1.41M), Packaged Medicaments ($1.15M), and Self-adhesive Plastics ($801k). Over the past 5 years the exports of Canada to Cyprus have decreased at an annualized rate of 0.59%, from $11.6M in 2017 to $11.3M in 2022.

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) being the largest in terms of value.

Cyprus-Canada Trade: In 2022, Cyprus exported $5.64M to Canada. The main products that Cyprus exported to Canada were Packaged Medicaments ($1.49M), Cheese ($1.43M), and Salt ($419k). Over the past 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.3%,  from $2.89M in 2017 to $5.64M in 2022.

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Canada exported C$766k and imported C$903k from Cyprus, resulting in a negative trade balance of C$137k. Between June 2023 and June 2024 the exports of Canada have increased by C$238k (45.1%) from C$528k to C$766k, while imports increased by C$360k (66.4%) from C$543k to C$903k.

Trade In June 2024, the top exports of Canada to Cyprus were Air Pumps (C$266k), Dried Legumes (C$73.9k), Other Inedible Animal Products (C$62.4k), Microphones and Headphones (C$53.7k), and Vitamins (C$36.9k). In June 2024 the top imports of Canada from Cyprus were Packaged Medicaments (C$1.23M), Cheese (C$241k), Salt (C$194k), Metal-Rolling Mills (C$122k), and Liquid Dispersing Machines (C$101k).

Origins In June 2024 the exports of Canada were mainly from British Columbia (C$231k), Ontario (C$190k), Quebec (C$177k), Alberta (C$124k), and Saskatchewan (C$43.7k), while imports destinations were mainly Ontario (C$803k), Quebec (C$76.3k), Manitoba (C$17.1k), British Columbia (C$6.58k), and Alberta (C$5).

Growth In June 2024, the increase in Canada's year-by-year exports to Cyprus was explained primarily by an increase in product exports in Microphones and Headphones (C$45.6k or 565%), Padlocks (C$19.1k or 266%), and Wheelchairs (C$1.04k or 61.8%). In June 2024, the increase in Canada's year-by-year imports  from Cyprus was explained primarily by an increase in product imports  in Salt (C$140k or 261%), Cheese (C$40.5k or 20.2%), and Commodities not elsewhere specified (C$4 or 133%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)C$238k(45.1%)
IMPORT GROWTH (June 2023 - June 2024)C$360k(66.4%)
MAIN EXPORTER (June 2024)British ColumbiaC$231k

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check Cyprus and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cyprus and Canada Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $11.3M to Cyprus. The main products exported from Canada to Cyprus were Dried Legumes ($1.41M), Packaged Medicaments ($1.15M), and Self-adhesive Plastics ($801k). During the last 5 years the exports of Canada to Cyprus have decreased at an annualized rate of 0.59%, from $11.6M in 2017 to $11.3M in 2022.

In 2017, Cyprus exported $5.64M to Canada. The main products exported from Cyprus to Canada were Packaged Medicaments ($1.49M), Cheese ($1.43M), and Salt ($419k). During the last 5 years the exports of Cyprus to Canada have increased at an annualized rate of 14.3%, from $2.89M in 2022 to $5.64M in 2017.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Canada than Cyprus included United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2022, countries that imported more from Cyprus than Canada included Greece ($471M), Liberia ($255M), and Marshall Islands ($173M).

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

Comparative Advantage Canada - Cyprus

Flow
Scale

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

During 2022, Canada had a large net trade with Cyprus in the exports of Machines ($3.04M), Instruments ($1.58M), and Chemical Products ($1.54M).

During 2017, Cyprus had a large net trade with Canada in the exports of Chemical Products ($1.6M), Animal Products ($1.44M), and Machines ($972k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Cyprus+N/AN/A
Top Product Potential Cyprus Canada+N/AN/A

N/A

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Bilateral Service Trade

In 2020, Canada exported services to Cyprus worth $76.1M, with Computer and information services ($68.6M), Communications services ($4.47M), and Financial services ($1.49M) being the largest in terms of value.

In 2020, Cyprus exported services to Canada worth $59.4M, with Transportation ($53.7M), Financial services ($4.57M), and Travel ($1.14M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to Cyprus (Flag) (2020)

Services Exports from Cyprus (Flag) to Canada (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Canada and Cyprus. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Cyprus. Similarly, a dot/product with the flag of Cyprus indicates it has a comparative advantage over Canada.

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

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