Cyprus (CYP) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Cyprus-Japan Trade: In 2022, Cyprus exported $1.72M to Japan. The main products that Cyprus exported to Japan were Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). Over the past 5 years the exports of Cyprus to Japan have increased at an annualized rate of 5.91%, from $1.29M in 2017 to $1.72M in 2022.

In 2020, Cyprus exported services to Japan worth $46.8M, with Transportation ($46.8M) being the largest in terms of value.

Japan-Cyprus Trade: In 2022, Japan exported $214M to Cyprus. The main products that Japan exported to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). Over the past 5 years the exports of Japan to Cyprus have increased at an annualized rate of 12%, from $122M in 2017 to $214M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cyprus exported $1.72M to Japan. The main products exported from Cyprus to Japan were Flavored Water ($219k), Soap ($212k), and Fruit Juice ($172k). During the last 5 years the exports of Cyprus to Japan have increased at an annualized rate of 5.91%, from $1.29M in 2017 to $1.72M in 2022.

In 2017, Japan exported $214M to Cyprus. The main products exported from Japan to Cyprus were Cars ($132M), Passenger and Cargo Ships ($64M), and Rubber Tires ($2.3M). During the last 5 years the exports of Japan to Cyprus have increased at an annualized rate of 12%, from $122M in 2022 to $214M in 2017.

Exports from Cyprus () to Japan () (2022)

Exports from Japan () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Japan ()

Cyprus Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Cyprus than Japan included Greece ($471M), Libya ($133M), and Lebanon ($329M).

In 2022, countries that imported more from Japan than Cyprus included United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Cyprus - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cyprus had a large net trade with Japan in the exports of Foodstuffs ($469k), Chemical Products ($369k), and Textiles ($255k).

During 2017, Japan had a large net trade with Cyprus in the exports of Transportation ($200M), Machines ($6.04M), and Plastics and Rubbers ($3.31M).

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 Japan. This means that a dot/product with the flag of Cyprus indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Cyprus.

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Historical Data

Bilateral Trade by Products

Exports from Cyprus () to Japan () (2022)

Exports from Japan () to Cyprus () (2022)

Latest Data

Trade between Cyprus () and Japan ()

Cyprus Exports

Japan Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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