2022
Flag  
GDP
$63.5BCURRENT US$
Rnk 84 / 186
2012-2022
Flag
GDP GROWTH
46.6%CURRENT US$
Rnk 71 / 186
2022
Flag
 GDP
$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
GDP PC 
$9,394CURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP PC GROWTH
56.1%CURRENT US$
Rnk 32 / 186
2022
Flag
GDP PC
$31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH
7.9%CURRENT US$
Rnk 123 / 186

About

Serbia-Cyprus Trade: In 2022, Serbia exported $37.2M to Cyprus. The main products that Serbia exported to Cyprus were Flavored Water ($10.3M), Cellulose Fibers Paper ($6.87M), and Rubber Tires ($2.71M). Over the past 5 years the exports of Serbia to Cyprus have increased at an annualized rate of 16%, from $17.7M in 2017 to $37.2M in 2022.

In 2019, Serbia exported services to Cyprus worth $89.6M, with Travel ($26.9M), Other business services ($22.4M), and Computer and information services ($21.3M) being the largest in terms of value.

Cyprus-Serbia Trade: In 2022, Cyprus exported $10.6M to Serbia. The main products that Cyprus exported to Serbia were Packaged Medicaments ($4.62M), Light Fixtures ($1.09M), and Beauty Products ($811k). Over the past 5 years the exports of Cyprus to Serbia have increased at an annualized rate of 6.44%,  from $7.78M in 2017 to $10.6M in 2022.

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

Comparison In 2022,  Serbia ranked 36 in the Economic Complexity Index (ECI 0.75),  and 70 in total exports ($30.3B). That same year, Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Serbia exported $37.2M to Cyprus. The main products exported from Serbia to Cyprus were Flavored Water ($10.3M), Cellulose Fibers Paper ($6.87M), and Rubber Tires ($2.71M). During the last 5 years the exports of Serbia to Cyprus have increased at an annualized rate of 16%, from $17.7M in 2017 to $37.2M in 2022.

In 2017, Cyprus exported $10.6M to Serbia. The main products exported from Cyprus to Serbia were Packaged Medicaments ($4.62M), Light Fixtures ($1.09M), and Beauty Products ($811k). During the last 5 years the exports of Cyprus to Serbia have increased at an annualized rate of 6.44%, from $7.78M in 2022 to $10.6M in 2017.

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

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

Latest Data

Trade between Serbia (Flag) and Cyprus (Flag)

Serbia Exports

Cyprus Exports

Market Competitiveness

Color
Serbia
Top Destination
Germany$4B
Cyprus
Top Destination
Hong Kong$482M

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

In 2022, countries that imported more from Serbia than Cyprus included Germany ($4B), Bosnia and Herzegovina ($2.14B), and Italy ($2.1B).

In 2022, countries that imported more from Cyprus than Serbia included Hong Kong ($482M), Lebanon ($329M), and Liberia ($255M).

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

Comparative Advantage Serbia - Cyprus

Flow
Scale

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

During 2022, Serbia had a large net trade with Cyprus in the exports of Foodstuffs ($14.4M), Paper Goods ($9.62M), and Plastics and Rubbers ($3.82M).

During 2017, Cyprus had a large net trade with Serbia in the exports of Chemical Products ($5.78M), Machines ($2.28M), and Miscellaneous ($1.2M).

Potential Exports

Potential Exports

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

N/A

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Economic Complexity

Competitive Landscape

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

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

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