Cyprus (CYP) and Philippines (PHL) Trade | The Observatory of Economic Complexity

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Cyprus-Philippines Trade: In 2022, Cyprus exported $2.38M to Philippines. The main products that Cyprus exported to Philippines were Packaged Medicaments ($1.11M), Fruit Juice ($555k), and Flavored Water ($329k). Over the past 5 years the exports of Cyprus to Philippines have decreased at an annualized rate of 4.76%, from $3.04M in 2017 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 Trade: 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). Over the past 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 42.2%, from $67.4M in 2017 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 5 years the exports of Cyprus to Philippines have decreased at an annualized rate of 4.76%, from $3.04M in 2017 to $2.38M in 2022.

In 2017, 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 5 years the exports of Philippines to Cyprus have decreased at an annualized rate of 42.2%, from $67.4M in 2022 to $4.34M in 2017.

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

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

Latest Data

Trade between Cyprus () and Philippines ()

Cyprus Exports

Date

Philippines Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cyprus
Top DestinationHong Kong$482M

Philippines
Top DestinationUnited 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 2022, countries that imported more from Cyprus than Philippines included Greece ($471M), Lebanon ($329M), and Liberia ($255M).

In 2022, countries that imported more from Philippines than Cyprus included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Cyprus - Philippines

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2017, Philippines had a large net trade with Cyprus in the exports of Foodstuffs ($2.08M), Miscellaneous ($616k), and Machines ($558k).

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Cyprus () and Philippines ()

Cyprus Exports

Philippines Exports

Market Competitiveness

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

Comparative Advantage Cyprus - Philippines

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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