Cyprus - Trade Openness 2021
176.83%
+16.16% from 2020
Cyprus's trade openness was 176.83% in 2021, increased +16.16% from 160.67% in 2020. This was the 168th highest globally.
Global Ranking - 2021▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 4.13% | -58.5% |
| 2nd | United States | 25.61% | 9.4% |
| 3rd | Pakistan | 27.03% | 1.2% |
| 4th | Bangladesh | 27.72% | 5.5% |
| 5th | Egypt, Arab Republic of | 29.86% | -7.1% |
| 6th | Tanzania | 29.92% | 7.0% |
| 7th | Turkmenistan | 33.06% | -8.0% |
| 8th | Argentina | 33.08% | 9.5% |
| 9th | Kenya | 35.00% | 15.1% |
| 10th | China | 36.52% | 7.3% |
| 11th | Cameroon | 36.73% | 8.9% |
| 12th | Japan | 36.74% | 17.2% |
| 13th | Niger | 37.02% | 4.2% |
| 14th | Haiti | 37.05% | -1.0% |
| 15th | Brazil | 37.66% | 16.6% |
| 16th | Colombia | 40.06% | 17.6% |
| 17th | Australia | 40.20% | -9.7% |
| 18th | Indonesia | 40.20% | 21.9% |
| 19th | Sri Lanka | 41.23% | 11.2% |
| 20th | Uganda | 41.71% | 12.7% |
| 21st | Comoros | 42.07% | 24.7% |
| 22nd | Gambia, The | 42.10% | -11.2% |
| 23rd | Sierra Leone | 42.14% | 37.7% |
| 24th | Iran, Islamic Republic of | 42.67% | -2.8% |
| 25th | Nepal | 43.05% | 5.2% |
| 26th | Chad | 43.95% | 8.1% |
| 27th | Zimbabwe | 44.11% | 9.8% |
| 28th | Central African Republic | 44.16% | -10.8% |
| 29th | Malawi | 44.60% | 8.7% |
| 30th | Guinea-Bissau | 44.81% | 4.5% |
| 31st | Côte d'Ivoire | 45.11% | 7.6% |
| 32nd | India | 45.42% | 20.3% |
| 33rd | Algeria | 46.84% | 16.0% |
| 34th | Bolivia, Plurinational State of | 47.67% | 27.1% |
| 35th | Benin | 48.05% | 7.2% |
| 36th | New Zealand | 48.54% | 10.4% |
| 37th | New Caledonia | 49.04% | -10.1% |
| 38th | Guatemala | 49.26% | 19.7% |
| 39th | Russian Federation | 50.59% | 10.0% |
| 40th | Saudi Arabia | 50.88% | 7.0% |
| 41st | Afghanistan | 51.41% | 10.1% |
| 42nd | Dominican Republic | 51.95% | 16.1% |
| 43rd | French Polynesia | 52.98% | 15.6% |
| 44th | Ecuador | 53.26% | 21.1% |
| 45th | Rwanda | 54.29% | -1.6% |
| 46th | Israel | 54.90% | 7.2% |
| 47th | Madagascar | 55.22% | 12.7% |
| 48th | Peru | 55.43% | 25.3% |
| 49th | South Africa | 56.16% | 10.6% |
| 50th | Togo | 56.38% | 2.4% |
| 51st | Mali | 56.72% | 1.2% |
| 52nd | Uzbekistan | 57.46% | 2.5% |
| 53rd | Uruguay | 58.32% | 22.2% |
| 54th | United Kingdom | 58.54% | -1.1% |
| 55th | Kazakhstan | 58.67% | 2.9% |
| 56th | Samoa | 59.77% | -22.9% |
| 57th | Vanuatu | 59.95% | -14.2% |
| 58th | Italy | 60.30% | 11.8% |
| 59th | Syrian Arab Republic | 61.22% | 36.6% |
| 60th | Iraq | 61.50% | 6.5% |
| 61st | Angola | 61.53% | 13.2% |
| 62nd | Guam | 61.84% | -2.9% |
| 63rd | Canada | 62.25% | 1.8% |
| 64th | Burkina Faso | 62.42% | 2.8% |
| 65th | Ghana | 62.71% | -5.8% |
| 66th | Philippines | 63.48% | 9.1% |
| 67th | France | 63.79% | 8.4% |
| 68th | Chile | 64.88% | 11.5% |
| 69th | Bahamas, The | 65.93% | 23.4% |
| 70th | Spain | 66.52% | 11.9% |
| 71st | Solomon Islands | 67.42% | 12.0% |
| 72nd | Tonga | 68.55% | -16.3% |
| 73rd | Senegal | 69.38% | 15.5% |
| 74th | Türkiye | 69.61% | 15.3% |
| 75th | Paraguay | 69.74% | 11.1% |
| 76th | Costa Rica | 70.78% | 17.7% |
| 77th | Norway | 71.22% | 9.0% |
| 78th | Bermuda | 71.41% | 3.2% |
| 79th | Tajikistan | 71.83% | 28.8% |
| 80th | West Bank and Gaza | 73.08% | 8.6% |
| 81st | Kiribati | 74.50% | -5.0% |
| 82nd | Korea | 75.31% | 14.9% |
| 83rd | Congo, Democratic Republic of | 75.39% | 23.5% |
| 84th | Morocco | 75.52% | 9.7% |
| 85th | Albania | 75.59% | 27.0% |
| 86th | Iceland | 76.23% | 11.0% |
| 87th | Azerbaijan | 76.29% | 5.9% |
| 88th | Equatorial Guinea | 76.97% | -1.2% |
| 89th | Cabo Verde | 77.46% | -1.2% |
| 90th | Bhutan | 77.58% | 8.0% |
| 91st | Lebanon | 78.83% | 57.2% |
| 92nd | Northern Mariana Islands | 78.88% | -0.1% |
| 93rd | Somalia, Fed. Rep. | 79.10% | 4.5% |
| 94th | Armenia | 79.25% | 13.0% |
| 95th | Finland | 79.79% | 10.5% |
| 96th | Germany | 79.92% | 9.6% |
| 97th | Cuba | 80.02% | 410.3% |
| 98th | Panama | 80.13% | 16.6% |
| 99th | Jordan | 80.33% | 21.6% |
| 100th | Palau | 81.15% | -21.5% |
| 101st | El Salvador | 81.85% | 23.2% |
| 102nd | Kuwait | 82.00% | 0.0% |
| 103rd | Ukraine | 82.70% | 4.5% |
| 104th | Mexico | 83.07% | 8.1% |
| 105th | Namibia | 83.54% | 8.6% |
| 106th | Greenland | 83.68% | 1.2% |
| 107th | Gabon | 85.35% | 21.7% |
| 108th | Congo, Republic of | 85.55% | 23.4% |
| 109th | Portugal | 85.87% | 12.2% |
| 110th | Zambia | 86.21% | 8.8% |
| 111th | Romania | 87.07% | 11.1% |
| 112th | Micronesia, Federated States of | 87.33% | 2.7% |
| 113th | Greece | 88.01% | 25.2% |
| 114th | Mauritania | 88.31% | 1.8% |
| 115th | Moldova | 88.47% | 11.6% |
| 116th | Botswana | 88.76% | 14.3% |
| 117th | Eswatini | 89.93% | 7.0% |
| 118th | Sweden | 91.11% | 7.9% |
| 119th | European Union | 91.20% | 8.8% |
| 120th | Qatar | 92.78% | 3.1% |
| 121st | Tunisia | 93.63% | 11.0% |
| 122nd | Oman | 95.95% | 4.4% |
| 123rd | Bosnia and Herzegovina | 96.74% | 17.2% |
| 124th | Puerto Rico (US) | 96.75% | -6.5% |
| 125th | Kosovo | 98.64% | 30.5% |
| 126th | Belize | 98.98% | 21.2% |
| 127th | Timor-Leste | 99.86% | 17.8% |
| 128th | Kyrgyz Republic | 100.26% | 26.9% |
| 129th | Antigua and Barbuda | 101.07% | 7.2% |
| 130th | Georgia | 101.60% | 9.4% |
| 131st | Croatia | 102.33% | 14.3% |
| 132nd | Honduras | 103.37% | 17.5% |
| 133rd | Faroe Islands | 103.49% | 7.5% |
| 134th | Montenegro | 105.72% | 20.3% |
| 135th | Nicaragua | 106.21% | 19.8% |
| 136th | Nauru | 110.80% | -17.9% |
| 137th | Poland | 110.87% | 11.7% |
| 138th | Austria | 111.03% | 11.1% |
| 139th | Mozambique | 112.08% | 12.2% |
| 140th | Denmark | 112.32% | 7.6% |
| 141st | Serbia | 112.34% | 12.0% |
| 142nd | Guinea | 115.20% | -0.5% |
| 143rd | Thailand | 117.25% | 19.9% |
| 144th | Mongolia | 119.10% | 5.5% |
| 145th | Marshall Islands | 120.06% | 11.3% |
| 146th | Bulgaria | 121.21% | 9.8% |
| 147th | Switzerland | 130.02% | 6.8% |
| 148th | Malaysia | 134.04% | 14.8% |
| 149th | Mauritius | 135.19% | 11.6% |
| 150th | Belarus | 136.01% | 14.4% |
| 151st | Latvia | 136.80% | 10.4% |
| 152nd | American Samoa | 136.80% | -11.4% |
| 153rd | Czechia | 137.38% | 6.7% |
| 154th | Lesotho | 139.19% | -1.4% |
| 155th | Aruba | 139.92% | 14.0% |
| 156th | Maldives | 142.61% | 24.7% |
| 157th | Cambodia | 146.18% | 19.7% |
| 158th | North Macedonia | 146.72% | 14.4% |
| 159th | Brunei Darussalam | 147.12% | 33.4% |
| 160th | Bahrain | 153.80% | 13.5% |
| 161st | Lithuania | 154.81% | 14.0% |
| 162nd | Hungary | 159.19% | 3.0% |
| 163rd | Estonia | 160.47% | 16.8% |
| 164th | Slovenia | 161.79% | 9.7% |
| 165th | Netherlands | 163.15% | 7.2% |
| 166th | Libya | 164.28% | 222.3% |
| 167th | Macao SAR, China | 171.32% | 38.8% |
| 168th | Cyprus | 176.83% | 10.1% |
| 169th | Belgium | 177.38% | 13.0% |
| 170th | Virgin Islands (US) | 180.30% | 58.7% |
| 171st | Slovak Republic | 181.98% | 8.6% |
| 172nd | United Arab Emirates | 182.91% | 0.9% |
| 173rd | Seychelles | 183.77% | 19.7% |
| 174th | Viet Nam | 186.68% | 14.4% |
| 175th | Malta | 220.17% | -9.2% |
| 176th | Ireland | 231.03% | -10.7% |
| 177th | Djibouti | 263.48% | 16.7% |
| 178th | Singapore | 329.16% | -0.9% |
| 179th | San Marino | 342.47% | 12.3% |
| 180th | Luxembourg | 397.51% | 5.8% |
| 181st | Hong Kong SAR, China | 402.46% | 14.8% |
FAQ
What was Cyprus's trade openness in 2021?▾
Cyprus's trade openness in 2021 was 176.83%. This ranked 168th globally.
How did Cyprus's trade openness change in 2021?▾
Cyprus's trade openness increased by 10.1% in 2021 compared to 2020.
Which country had the highest trade openness in 2021?▾
Hong Kong SAR, China had the highest trade openness in 2021 at 402.46%.
What is the trade openness of Cyprus in 2021?▾
The trade openness of Cyprus in 2021 was 176.83%. This ranked 168th globally.
How does 2021 compare to 2020 for Cyprus's trade openness?▾
Cyprus's trade openness went from 160.67% in 2020 to 176.83% in 2021, a 10.1% increase.
Related
2020
2022
All years
Full ranking 2021
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2025
Lowest: 1975
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Guam
vs Italy
vs European Union
vs Sint Maarten (Dutch part)
European Union Trade Openness
Global Ranking