Cyprus (CYP) and Bangladesh (BGD) Trade | The Observatory of Economic Complexity

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Cyprus-Bangladesh Trade: In 2022, Cyprus exported $3.75M to Bangladesh. The main products that Cyprus exported to Bangladesh were Animal Food ($991k), Passenger and Cargo Ships ($661k), and Scrap Iron ($589k). Over the past 5 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 6.6%, from $2.72M in 2017 to $3.75M in 2022.

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

Bangladesh-Cyprus Trade: In 2022, Bangladesh exported $20.9M to Cyprus. The main products that Bangladesh exported to Cyprus were Knit T-shirts ($4.11M), Crustaceans ($3.58M), and Non-Knit Women's Suits ($1.61M). Over the past 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 33.5%, from $4.92M in 2017 to $20.9M in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $3.75M to Bangladesh. The main products exported from Cyprus to Bangladesh were Animal Food ($991k), Passenger and Cargo Ships ($661k), and Scrap Iron ($589k). During the last 5 years the exports of Cyprus to Bangladesh have increased at an annualized rate of 6.6%, from $2.72M in 2017 to $3.75M in 2022.

In 2017, Bangladesh exported $20.9M to Cyprus. The main products exported from Bangladesh to Cyprus were Knit T-shirts ($4.11M), Crustaceans ($3.58M), and Non-Knit Women's Suits ($1.61M). During the last 5 years the exports of Bangladesh to Cyprus have increased at an annualized rate of 33.5%, from $4.92M in 2022 to $20.9M in 2017.

Exports from Cyprus () to Bangladesh () (2022)

Exports from Bangladesh () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Bangladesh ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Bangladesh
Top DestinationUnited States$11.7B

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

In 2022, countries that imported more from Cyprus than Bangladesh included Greece ($471M), Hong Kong ($482M), and Lebanon ($329M).

In 2022, countries that imported more from Bangladesh than Cyprus included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

Difference in imports from Bangladesh () and Cyprus () (2022)

Comparative Advantage Cyprus - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Bangladesh in the exports of Foodstuffs ($1.3M), Transportation ($661k), and Metals ($589k).

During 2017, Bangladesh had a large net trade with Cyprus in the exports of Textiles ($14.6M), Animal Products ($3.58M), and Footwear and Headwear ($1.56M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Bangladesh () (2022)

Exports from Bangladesh () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Bangladesh ()

Cyprus Exports

Market Competitiveness

Difference in imports from Bangladesh () and Cyprus () (2022)

Comparative Advantage Cyprus - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cyprus () and Bangladesh () (2022)

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