Cyprus-Antigua and Barbuda Bilateral Trade Analysis 2023
Complete trade statistics: $6.86M total volume •Cyprus deficit: $6.86M
Cyprus → Antigua and Barbuda
$0
Exports (2023)
Antigua and Barbuda → Cyprus
$6.86M
Imports (2023)
Trade Balance
$6.86M
Deficit for Cyprus
Total Trade
$6.86M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Cyprus and Antigua and Barbuda. Green line shows exports from Cyprus, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Cyprus-Antigua and Barbuda commercial relationship and competitive positioning in global markets.
Cyprus → Antigua and Barbuda Exports
Export Market Intelligence
🎯 Strategic Export Focus
Cyprus's export portfolio to Antigua and Barbuda demonstrates strategic specialization, with non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009 representing a key competitive advantage in this bilateral market.
Antigua and Barbuda → Cyprus Imports
Import Dependency Profile
📦 Import Strategy Analysis
Cyprus's import pattern from Antigua and Barbuda reveals significant dependencyin vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Cyprus demonstrates competitive strength in exportingnon-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009 to Antigua and Barbuda, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.86M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Cyprus-Antigua and Barbuda Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.86 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Cyprus maintains a deficit of $6.86 million
- Export Focus: Cyprus's primary exports include non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009, juice: orange, not frozen, of a brix value not exceeding 20, unfermented, not containing added spirit, whether or not containing added sugar or other sweetening matter, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
- Import Dependencies: Key imports from Antigua and Barbuda include vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, paper and paperboard: registers, account books, note books, order books, receipt books, letter pads, memorandum pads, diaries and similar articles
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $6.86M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Cyprus leveraging its comparative advantages in non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Cyprus's specialization in non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009complements Antigua and Barbuda's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.86M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.86M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $6.86 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009 and vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Cyprus's trade deficit of $6.86 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Cyprus and Antigua and Barbuda represents a total trade volume of $6.86 million in 2023. This partnership demonstrates an unfavorable trade balance for Cyprus, with imports exceeding exportsby $6.86 million.
Export Strengths
Cyprus's exports to Antigua and Barbuda total $0.00, with competitive advantages in non-alcoholic beverages: other than non-alcoholic beer, n.e.c. in item no. 2202.10, not including fruit or vegetable juices of heading no. 2009, representing $265,910 orInfinity% of bilateral exports.
Import Dependencies
Imports from Antigua and Barbuda amount to $6.86 million, highlighting economic interdependence in vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods, with Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods comprising100.0% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Cyprus's strategic sourcing from Antigua and Barbuda. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Cyprus and Antigua and Barbuda in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023