Cyprus - Trade Openness 2022
205.75%
+28.93% from 2021
Cyprus's trade openness was 205.75% in 2022, increased +28.93% from 176.83% in 2021. This was the 174th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.70% | -34.6% |
| 2nd | United States | 27.31% | 6.7% |
| 3rd | Argentina | 31.58% | -4.5% |
| 4th | Pakistan | 33.03% | 22.2% |
| 5th | Bangladesh | 33.78% | 21.8% |
| 6th | Uganda | 34.51% | -17.3% |
| 7th | Tanzania | 35.00% | 17.0% |
| 8th | Syrian Arab Republic | 35.61% | -41.8% |
| 9th | Haiti | 36.53% | -1.4% |
| 10th | Egypt, Arab Republic of | 36.98% | 23.9% |
| 11th | Turkmenistan | 37.36% | 13.0% |
| 12th | China | 37.44% | 2.5% |
| 13th | Brazil | 38.82% | 3.1% |
| 14th | Kenya | 40.28% | 15.1% |
| 15th | Cameroon | 41.29% | 12.4% |
| 16th | Russian Federation | 42.78% | -15.4% |
| 17th | Malawi | 43.62% | -2.2% |
| 18th | Benin | 44.38% | -7.6% |
| 19th | Gambia, The | 44.72% | 6.2% |
| 20th | Sierra Leone | 45.05% | 6.9% |
| 21st | Central African Republic | 45.23% | 2.4% |
| 22nd | Indonesia | 45.46% | 13.1% |
| 23rd | Australia | 45.69% | 13.7% |
| 24th | Guinea-Bissau | 45.76% | 2.1% |
| 25th | Sri Lanka | 46.68% | 13.2% |
| 26th | Japan | 46.81% | 27.4% |
| 27th | Chad | 47.99% | 9.2% |
| 28th | Colombia | 48.28% | 20.5% |
| 29th | Iran, Islamic Republic of | 48.92% | 14.6% |
| 30th | Nepal | 48.97% | 13.7% |
| 31st | India | 50.08% | 10.2% |
| 32nd | Comoros | 50.39% | 19.8% |
| 33rd | New Caledonia | 50.47% | 2.9% |
| 34th | Algeria | 51.19% | 9.3% |
| 35th | Niger | 52.81% | 42.7% |
| 36th | Côte d'Ivoire | 52.87% | 17.2% |
| 37th | New Zealand | 53.48% | 10.2% |
| 38th | Dominican Republic | 54.38% | 4.7% |
| 39th | Guatemala | 54.43% | 10.5% |
| 40th | Zimbabwe | 55.07% | 24.8% |
| 41st | Angola | 55.25% | -10.2% |
| 42nd | Saudi Arabia | 56.82% | 11.7% |
| 43rd | Peru | 57.30% | 3.4% |
| 44th | Bolivia, Plurinational State of | 57.52% | 20.7% |
| 45th | Israel | 60.64% | 10.5% |
| 46th | Samoa | 60.85% | 1.8% |
| 47th | Uruguay | 61.03% | 4.7% |
| 48th | Rwanda | 61.15% | 12.6% |
| 49th | Mali | 61.56% | 8.5% |
| 50th | Togo | 61.58% | 9.2% |
| 51st | Ecuador | 61.88% | 16.2% |
| 52nd | Uzbekistan | 62.84% | 9.4% |
| 53rd | Vanuatu | 63.60% | 6.1% |
| 54th | South Africa | 64.95% | 15.6% |
| 55th | Tajikistan | 65.44% | -8.9% |
| 56th | Canada | 67.32% | 8.1% |
| 57th | Burkina Faso | 67.52% | 8.2% |
| 58th | Kazakhstan | 68.33% | 16.5% |
| 59th | Iraq | 68.76% | 11.8% |
| 60th | United Kingdom | 69.20% | 18.2% |
| 61st | Zambia | 69.30% | -19.6% |
| 62nd | French Polynesia | 69.53% | 31.2% |
| 63rd | Ghana | 70.12% | 11.8% |
| 64th | Tonga | 70.13% | 2.3% |
| 65th | Madagascar | 70.55% | 27.8% |
| 66th | Guam | 71.87% | 16.2% |
| 67th | Italy | 72.02% | 19.4% |
| 68th | Philippines | 72.43% | 14.1% |
| 69th | Afghanistan | 72.89% | 41.8% |
| 70th | Paraguay | 73.74% | 5.7% |
| 71st | Solomon Islands | 74.84% | 11.0% |
| 72nd | Bermuda | 75.20% | 5.3% |
| 73rd | Chile | 75.20% | 15.9% |
| 74th | France | 75.96% | 19.1% |
| 75th | Bahamas, The | 75.98% | 15.2% |
| 76th | Spain | 78.47% | 17.9% |
| 77th | Senegal | 79.60% | 14.7% |
| 78th | Türkiye | 79.90% | 14.8% |
| 79th | Equatorial Guinea | 81.81% | 6.3% |
| 80th | Costa Rica | 82.23% | 16.2% |
| 81st | West Bank and Gaza | 82.39% | 12.7% |
| 82nd | Norway | 82.61% | 16.0% |
| 83rd | Albania | 84.70% | 12.0% |
| 84th | Bhutan | 85.57% | 10.3% |
| 85th | Botswana | 85.61% | -3.5% |
| 86th | Congo, Democratic Republic of | 85.82% | 13.8% |
| 87th | Azerbaijan | 86.98% | 14.0% |
| 88th | Ukraine | 87.40% | 5.7% |
| 89th | El Salvador | 88.70% | 8.4% |
| 90th | Germany | 88.79% | 11.1% |
| 91st | Mexico | 88.80% | 6.9% |
| 92nd | Korea | 90.59% | 20.3% |
| 93rd | Micronesia, Federated States of | 90.63% | 3.8% |
| 94th | Somalia, Fed. Rep. | 90.76% | 14.7% |
| 95th | Kuwait | 90.92% | 10.9% |
| 96th | Gabon | 92.06% | 7.9% |
| 97th | Eswatini | 92.57% | 2.9% |
| 98th | Iceland | 93.05% | 22.1% |
| 99th | Northern Mariana Islands | 93.16% | 18.1% |
| 100th | Greenland | 93.37% | 11.6% |
| 101st | Panama | 93.48% | 16.6% |
| 102nd | Cuba | 93.86% | 17.3% |
| 103rd | Romania | 93.95% | 7.9% |
| 104th | Guinea | 94.17% | -18.3% |
| 105th | Finland | 94.56% | 18.5% |
| 106th | Cabo Verde | 96.99% | 25.2% |
| 107th | Timor-Leste | 97.62% | -2.2% |
| 108th | Congo, Republic of | 98.16% | 14.7% |
| 109th | Puerto Rico (US) | 98.26% | 1.6% |
| 110th | Namibia | 99.26% | 18.8% |
| 111th | Qatar | 100.21% | 8.0% |
| 112th | Morocco | 100.91% | 33.6% |
| 113th | Portugal | 101.36% | 18.0% |
| 114th | Mauritania | 102.03% | 15.5% |
| 115th | European Union | 103.71% | 13.7% |
| 116th | Armenia | 103.88% | 31.1% |
| 117th | Jordan | 104.10% | 29.6% |
| 118th | Palau | 105.20% | 29.6% |
| 119th | Oman | 105.75% | 10.2% |
| 120th | Sweden | 107.11% | 17.6% |
| 121st | Kiribati | 107.69% | 44.5% |
| 122nd | Belize | 107.84% | 8.9% |
| 123rd | Greece | 108.12% | 22.8% |
| 124th | Kosovo | 110.01% | 11.5% |
| 125th | Bosnia and Herzegovina | 110.21% | 13.9% |
| 126th | Moldova | 112.12% | 26.7% |
| 127th | Honduras | 112.70% | 9.0% |
| 128th | Georgia | 114.70% | 12.9% |
| 129th | Lebanon | 114.89% | 45.7% |
| 130th | Nicaragua | 115.45% | 8.7% |
| 131st | Tunisia | 116.10% | 24.0% |
| 132nd | Antigua and Barbuda | 117.70% | 16.5% |
| 133rd | Belarus | 120.02% | -11.8% |
| 134th | Faroe Islands | 122.86% | 18.7% |
| 135th | Poland | 123.02% | 11.0% |
| 136th | Austria | 123.58% | 11.3% |
| 137th | American Samoa | 124.68% | -8.9% |
| 138th | Croatia | 125.41% | 22.6% |
| 139th | Montenegro | 125.46% | 18.7% |
| 140th | Marshall Islands | 128.34% | 6.9% |
| 141st | Serbia | 131.91% | 17.4% |
| 142nd | Denmark | 132.00% | 17.5% |
| 143rd | Thailand | 132.86% | 13.3% |
| 144th | Kyrgyz Republic | 133.79% | 33.4% |
| 145th | Mozambique | 135.28% | 20.7% |
| 146th | Mongolia | 136.33% | 14.5% |
| 147th | Switzerland | 138.50% | 6.5% |
| 148th | Bulgaria | 138.84% | 14.5% |
| 149th | Lesotho | 142.37% | 2.3% |
| 150th | Czechia | 144.01% | 4.8% |
| 151st | Cambodia | 145.87% | -0.2% |
| 152nd | Malaysia | 146.42% | 9.2% |
| 153rd | Brunei Darussalam | 146.97% | -0.1% |
| 154th | Mauritius | 147.66% | 9.2% |
| 155th | Libya | 156.32% | -4.8% |
| 156th | Latvia | 159.89% | 16.9% |
| 157th | Aruba | 160.63% | 14.8% |
| 158th | Maldives | 162.24% | 13.8% |
| 159th | North Macedonia | 166.15% | 13.2% |
| 160th | Bahrain | 167.14% | 8.7% |
| 161st | Nauru | 167.34% | 51.0% |
| 162nd | Macao SAR, China | 170.37% | -0.6% |
| 163rd | Lithuania | 175.65% | 13.5% |
| 164th | Estonia | 175.69% | 9.5% |
| 165th | Viet Nam | 183.15% | -1.9% |
| 166th | Netherlands | 184.11% | 12.8% |
| 167th | Hungary | 185.00% | 16.2% |
| 168th | United Arab Emirates | 185.74% | 1.5% |
| 169th | Slovenia | 186.65% | 15.4% |
| 170th | Seychelles | 189.83% | 3.3% |
| 171st | Belgium | 191.18% | 7.8% |
| 172nd | Slovak Republic | 204.06% | 12.1% |
| 173rd | Virgin Islands (US) | 205.63% | 14.1% |
| 174th | Cyprus | 205.75% | 16.4% |
| 175th | Ireland | 237.76% | 2.9% |
| 176th | Malta | 245.16% | 11.4% |
| 177th | Djibouti | 302.29% | 14.7% |
| 178th | Singapore | 332.35% | 1.0% |
| 179th | San Marino | 370.44% | 8.2% |
| 180th | Hong Kong SAR, China | 384.88% | -4.4% |
| 181st | Luxembourg | 412.18% | 3.7% |
FAQ
What was Cyprus's trade openness in 2022?▾
Cyprus's trade openness in 2022 was 205.75%. This ranked 174th globally.
How did Cyprus's trade openness change in 2022?▾
Cyprus's trade openness increased by 16.4% in 2022 compared to 2021.
Which country had the highest trade openness in 2022?▾
Luxembourg had the highest trade openness in 2022 at 412.18%.
What is the trade openness of Cyprus in 2022?▾
The trade openness of Cyprus in 2022 was 205.75%. This ranked 174th globally.
How does 2022 compare to 2021 for Cyprus's trade openness?▾
Cyprus's trade openness went from 176.83% in 2021 to 205.75% in 2022, a 16.4% increase.
Related
2021
2023
All years
Full ranking 2022
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