Nepal (NPL) and Cyprus (CYP) Trade | The Observatory of Economic Complexity

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Nepal-Cyprus Trade: In 2022, Nepal exported $46.3k to Cyprus. The main products that Nepal exported to Cyprus were Non-Knit Women's Suits ($9.59k), Non-Knit Men's Suits ($5.51k), and Imitation Jewellery ($4.64k). Over the past 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 5.14%, from $36.1k in 2017 to $46.3k in 2022.

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

Cyprus-Nepal Trade: In 2022, Cyprus exported $225k to Nepal. The main products that Cyprus exported to Nepal were Packaged Medicaments ($179k), Fruit Juice ($14.8k), and Non-Knit Women's Suits ($5.16k). Over the past 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 34.9%, from $1.93M in 2017 to $225k in 2022.

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

Comparison In 2022, Nepal ranked 153 in total exports ($1.43B). That same year, Cyprus ranked 125 in total exports ($4.91B). Both countries does not have data related to Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Nepal exported $46.3k to Cyprus. The main products exported from Nepal to Cyprus were Non-Knit Women's Suits ($9.59k), Non-Knit Men's Suits ($5.51k), and Imitation Jewellery ($4.64k). During the last 5 years the exports of Nepal to Cyprus have increased at an annualized rate of 5.14%, from $36.1k in 2017 to $46.3k in 2022.

In 2017, Cyprus exported $225k to Nepal. The main products exported from Cyprus to Nepal were Packaged Medicaments ($179k), Fruit Juice ($14.8k), and Non-Knit Women's Suits ($5.16k). During the last 5 years the exports of Cyprus to Nepal have decreased at an annualized rate of 34.9%, from $1.93M in 2022 to $225k in 2017.

Exports from Nepal () to Cyprus () (2022)

Exports from Cyprus () to Nepal () (2022)

Latest Data

Trade between Nepal () and Cyprus ()

Cyprus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nepal
Top DestinationIndia$956M

Cyprus
Top DestinationHong Kong$482M

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

In 2022, countries that imported more from Nepal than Cyprus included India ($956M), United States ($152M), and Japan ($13.2M).

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

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

Comparative Advantage Nepal - Cyprus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nepal had a large net trade with Cyprus in the exports of Textiles ($32.6k), Precious Metals ($5.11k), and Paper Goods ($3.39k).

During 2017, Cyprus had a large net trade with Nepal in the exports of Chemical Products ($180k), Foodstuffs ($20.6k), and Textiles ($12k).

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

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Historical Data

Bilateral Trade by Products

Exports from Nepal () to Cyprus () (2022)

Exports from Cyprus () to Nepal () (2022)

Latest Data

Trade between Nepal () and Cyprus ()

Cyprus Exports

Market Competitiveness

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

Comparative Advantage Nepal - Cyprus

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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