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Pricing

2022
Flag → Flag
Exports $22.1MRnk 39 / 194
2022
Flag → Flag
Top Product $5.11MBovine Meat
2022
Flag → Flag
Exports $50.3MRnk 72 / 208
2022
Flag → Flag
Top Product $6.76MCars
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$28.4BCURRENT US$
Rnk 105 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 138 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $31,284CURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP PC GROWTH7.9%CURRENT US$
Rnk 123 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Cyprus-Portugal Trade: In 2022, Cyprus exported $22.1M to Portugal. The main products that Cyprus exported to Portugal were Bovine Meat ($5.11M), Packaged Medicaments ($3.5M), and Inedible Fats and Oils ($2.25M). Over the past 5 years the exports of Cyprus to Portugal have increased at an annualized rate of 22.5%, from $8.02M in 2017 to $22.1M in 2022.

In 2020, Cyprus exported services to Portugal worth $18.3M, with Transportation ($11.4M), Financial services ($4.57M), and Other business services ($2.28M) being the largest in terms of value.

Portugal-Cyprus Trade: In 2022, Portugal exported $50.3M to Cyprus. The main products that Portugal exported to Cyprus were Cars ($6.76M), Uncoated Paper ($3.36M), and Other Electrical Machinery ($2.78M). Over the past 5 years the exports of Portugal to Cyprus have decreased at an annualized rate of 1.72%,  from $54.9M in 2017 to $50.3M in 2022.

In 2020, Portugal exported services to Cyprus worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

Comparison In 2022,  Cyprus ranked 125 in total exports ($4.91B), and does not have data regarding Economic Complexity Index. That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cyprus exported $22.1M to Portugal. The main products exported from Cyprus to Portugal were Bovine Meat ($5.11M), Packaged Medicaments ($3.5M), and Inedible Fats and Oils ($2.25M). During the last 5 years the exports of Cyprus to Portugal have increased at an annualized rate of 22.5%, from $8.02M in 2017 to $22.1M in 2022.

In 2017, Portugal exported $50.3M to Cyprus. The main products exported from Portugal to Cyprus were Cars ($6.76M), Uncoated Paper ($3.36M), and Other Electrical Machinery ($2.78M). During the last 5 years the exports of Portugal to Cyprus have decreased at an annualized rate of 1.72%, from $54.9M in 2022 to $50.3M in 2017.

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

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

Latest Data

Trade between Cyprus (Flag) and Portugal (Flag)

Cyprus Exports

Portugal Exports

Market Competitiveness

Color
Cyprus
Top DestinationHong Kong$482M
Portugal
Top DestinationSpain$20.5B

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

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

In 2022, countries that imported more from Portugal than Cyprus included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Cyprus - Portugal

Flow
Scale

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

During 2022, Cyprus had a large net trade with Portugal in the exports of Animal Products ($5.49M), Chemical Products ($3.97M), and Plastics and Rubbers ($2.89M).

During 2017, Portugal had a large net trade with Cyprus in the exports of Machines ($9.5M), Transportation ($8.11M), and Paper Goods ($5.29M).

Potential Exports

Potential Exports

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

N/A

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Bilateral Service Trade

In 2020, Cyprus exported services to Portugal worth $18.3M, with Transportation ($11.4M), Financial services ($4.57M), and Other business services ($2.28M) being the largest in terms of value.

In 2020, Portugal exported services to Cyprus worth $6.85M, with Travel ($6.85M) being the largest in terms of value.

Service trade data is presented based on availability.

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

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

Service Trade

Economic Complexity

Competitive Landscape

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

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

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