Armenia (ARM) and Cuba (CUB) Trade | The Observatory of Economic Complexity

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Armenia-Cuba Trade: In 2018, Armenia exported $5.92k to Cuba. The main products that Armenia exported to Cuba were N/A. Over the past 18 years the exports of Armenia to Cuba have increased at an annualized rate of 19.4%, from $245 in 2000 to $5.92k in 2018.

In 2018, Armenia did not export any services to Cuba.

Cuba-Armenia Trade: In 2018, Cuba exported $274k to Armenia. The main products that Cuba exported to Armenia were Rolled Tobacco ($177k), Hard Liquor ($90.6k), and Crustaceans ($7.08k). Over the past 18 years the exports of Cuba to Armenia have increased at an annualized rate of 1.84%, from $209k in 2000 to $274k in 2018.

In 2018, Cuba did not export any services to Armenia.

Comparison In 2022, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2018, Armenia exported $5.92k to Cuba. There were not main exports from Armenia to Cuba in 2018. During the last 18 years the exports of Armenia to Cuba have increased at an annualized rate of 19.4%, from $245 in 2000 to $5.92k in 2018.

In 2017, Cuba exported $274k to Armenia. The main products exported from Cuba to Armenia were Rolled Tobacco ($177k), Hard Liquor ($90.6k), and Crustaceans ($7.08k). During the last 5 years the exports of Cuba to Armenia have increased at an annualized rate of 1.84%, from $209k in 2022 to $274k in 2017.

Exports from Armenia () to Cuba () (2022)

Exports from Cuba () to Armenia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Cuba
Top DestinationChina$426M

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

In 2022, countries that imported more from Armenia than Cuba included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2022, countries that imported more from Cuba than Armenia included Spain ($139M), Portugal ($43.3M), and Macau ($28.9M).

Difference in imports from Cuba () and Armenia () (2022)

Comparative Advantage Armenia - Cuba

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Cuba by product, considering products traded by both, Armenia and Cuba.

During 2018, Armenia had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Armenia in the exports of Foodstuffs ($267k), Animal Products ($7.08k), and Vegetable Products ($161).

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

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Historical Data

Bilateral Trade by Products

Exports from Armenia () to Cuba () (2022)

Exports from Cuba () to Armenia () (2022)

Market Competitiveness

Difference in imports from Cuba () and Armenia () (2022)

Comparative Advantage Armenia - Cuba

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Cuba () (2022)

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